China Greenlights BYD, Nio and Others for Level 3 Autonomous Driving Tests
Written by Cláudio Afonso | LinkedIn | X China’s Ministry of Industry and Information Technology announced on Tuesday that it has granted approval to BYD, Nio, and seven other automakers to carry out...
View ArticleChina’s Investment Bank CICC Says Nio Might Exceed 20,000 Deliveries Again in...
Written by Cláudio Afonso | LinkedIn | X China’s investment bank CICC issued a new research note on Tuesday maintaining the outperform rating on Nio‘s Hong Kong-traded shares wile setting a price...
View ArticleBank of America Initiates Coverage on Zeekr, Expects Profitability in 2026
Written by Cláudio Afonso | LinkedIn | X Bank of America (BofA) analyst Ming Hsun Lee has initiated coverage of Zeekr, a high-end electric vehicle (EV) manufacturer from the Geely Group, with a Buy...
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Vanguard Fund Doubles Stake in Lucid Motors, Buys 6.8 Million Shares in Q1
Written by Cláudio Afonso | LinkedIn | X One of the world’s largest investment advisors, Vanguard Group, has increased its position in the luxurious electric vehicle maker Lucid Motors by 104 percent...
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BYD’s First Ship Arrives in Brazil with Record 5,459 Vehicles
Written by Cláudio Afonso | LinkedIn | X Explorer No.1, BYD’s first carrier designed to transport up to 7,000 Vehicles, docked today in Brazil after a 27-day transcontinental journey from China. The...
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Cruise Expands Self-Driving Tech Testing to Dallas Amid Trust Rebuilding Efforts
Written by Cláudio Afonso | LinkedIn | X In April, the autonomous vehicle company Cruise said it resumed manual driving operations in Phoenix to gather essential road data and create updated maps, as...
View ArticleNikola Shares Tumble as Investors Wait for Stock Split Voting Results
Written by Cláudio Afonso | LinkedIn | X Nikola shares tumbled 5.04 percent to $0.5033 on Tuesday as shareholders wait for final results on the voting of all five proposals. The second proposal is, by...
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Nio Appoints Thijs Meijling as New Head of European Business
Written by Cláudio Afonso | LinkedIn | X The electric vehicle maker Nio has appointed Thijs Meijling as the new Head of European Business. The move is part of a series of internal restructures the...
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Fisker Faces Default on $3.456 Million Notes Amid Broader Financial Struggles
Written by Cláudio Afonso | LinkedIn | X Fisker has been facing significant financial challenges with the latest one being a default on its senior secured note due in 2024, a 8K form filed on Tuesday...
View ArticleNio Secures New Plant Approval as Mass Production of Onvo Model Approaches
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio has been granted approval to build a third factory in the Chinese province of Anhui allowing the Shanghai based brand to expand its...
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Lucid Ships First Air Sedans from Saudi Arabia Plant [Video]
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors has started the shipping of the first Saudi Arabia-made Lucid Air luxurious sedans from its newly established manufacturing...
View ArticleNio’s May Sales in Germany Drop 20% to 35 Vehicles Registered
Written by Cláudio Afonso | LinkedIn | X According to data released by the German Federal Motor Transport Association on Wednesday, the registration of passenger cars in Germany fell to 236,425 units...
View ArticleFisker Sales Plunge in Germany: May Deliveries Drop to 12 Units
Written by Cláudio Afonso | LinkedIn | X The electric vehicle startup Fisker sold 12 vehicles in Germany in May, a significant drop from the 30 units sold in April, according to official data released...
View ArticleLucid Sells 13 Vehicles in Germany in May, Year to Date Sales Reach 50 Units
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors sold 13 units of its first production model, the Lucid Air, in Germany during May, according to data released by the German...
View ArticleTesla Sales in Germany Crash 64% in May to 1,896 Units
Written by Cláudio Afonso | LinkedIn | X The electric vehicle maker Tesla registered a significant decrease drop sales in Germany last month, with registrations plummeting by 64 percent year-over-year,...
View ArticleFisker Denies Claims of Parts Shortage, Ensures 10-Year Supply
Written by Cláudio Afonso | LinkedIn | X In recent weeks and months, Fisker customers have taken to social media to voice their worries regarding the availability of spare parts as the electric vehicle...
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Fisker Slashes Prices of Ocean SUV to $20,000 for Employees
Written by Cláudio Afonso | LinkedIn | X The electric vehicle manufacturer Fisker sent an email to its employees on Tuesday offering the Fisker Ocean in its Extreme and Ultra variants at a special...
View ArticleNikola Shareholders Approve Reverse Stock Split and All Other Proposals
Written by Cláudio Afonso | LinkedIn | X Nikola shares surged more than 6 percent on Wednesday to $0.5351 as voting of all five proposals closed on Tuesday night. In May, the chief executive Steve...
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Lucid to Register Additional 122 Million Shares Amid Stock Incentive Plan
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors has filed on Wednesday a registration statement on Form S-8 with the Securities and Exchange Commission (SEC) to register an...
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Amazon’s Robotaxi Subsidiary Zoox Expands Tests into Austin and Miami
Written by Cláudio Afonso | LinkedIn | X Amazon’s autonomous vehicle unit Zoox is set to expand its testing operations to two Austin, Texas, and Miami, Florida. The latest expansion to Austin and Miami...
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