Fisker Faces 2 Recalls Affecting All Vehicles Sold, Issues Over-The-Air Update
Written by Cláudio Afonso | LinkedIn | X U.S.-based electric vehicle startup Fisker announced on Wednesday that it is issuing two voluntary recalls affecting more than 11,000 vehicles in North America...
View ArticleFord To Cut 34% of Workforce at Spanish Assembly Plant
Written by Cláudio Afonso | LinkedIn | X The automaker Ford announced on Wednesday plans to reduce its workforce by up to 1,600 positions at its assembly plant in Spain, as initially reported by...
View ArticleTesla Waits for Final Decision on EU Tariffs for GigaShanghai-Made Vehicles
Written by Cláudio Afonso | LinkedIn | X The European Commission has provisionally concluded that the battery electric vehicles (BEVs) value chain in China benefits from unfair subsidisation,...
View ArticleLucid Achieves Record-Breaking 5 Miles Per kWh Efficiency, CEO Says
Written by Cláudio Afonso | LinkedIn | X The luxury electric vehicle manufacturer, Lucid Motors, has achieved a new record result in vehicle efficiency, the CEO and CTO Peter Rawlinson said at the...
View ArticleDA Davidson Reaffirms 104% Upside Potential on Nikola Stock
Written by Cláudio Afonso | LinkedIn | X DA Davidson analyst Michael Shlisky issued a new research note on Wednesday reiterating the firm’s rating on Nikola shares while reaffirming the price target....
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DHL on Track to Become Rivian’s First Electric Van Client Besides Amazon
Written by Cláudio Afonso | LinkedIn | X Claire McDonough, the CFO from the electric vehicle maker Rivian, teased on Tuesday that the company is in discussions with potential clients to use their...
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Nio Debuts Gen-4 Battery Swap Stations, First to Serve EV Partners
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio inaugurated on Thursday its first batch of Power Swap Station 4.0, which allow a faster battery replacement for Nio drivers —...
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Rivian CEO Sells 71,429 Shares Worth More Than $820,000
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Rivian has disclosed in a Form 144 filing with the Securities and Exchange Commission (SEC) on late Wednesday that its CEO RJ Scaringe...
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Lucid Motors in Licensing Talks with Multiple Companies, Says CEO
Written by Cláudio Afonso | LinkedIn | X At the Evercore ISI 3rd Annual Global Summit, Lucid Motors CEO and CTO Peter Rawlinson revealed that the company is in discussions with several companies...
View ArticleWorkhorse Announces Reverse Stock Split to Regain Nasdaq Compliance
Written by Cláudio Afonso | LinkedIn | X The electric vehicle startup Workhorse announced on Thursday that it will effect a 1-for-20 reverse stock split of its common stock. Both Nikola and Workhorse...
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Faraday Future Teases New Brand for Mass Market, Integrating AI Solutions
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Faraday Future resumed on Thursday the deliveries after a four month hiatus with the handover of the FF91 2.0 to a retail shareholder....
View ArticleCanoo Enters $15 Million Pre-Paid Advance Agreement with Yorkville
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Canoo announced on late Thursday that it has entered into a Pre-Paid Advance Agreement (PPA) with YA II PN, Ltd., which is managed by...
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Nio Launches Flagship SUV EL8 in Europe with Top Trim Priced at €108,900
Written by Cláudio Afonso | LinkedIn | X As reported by EV on May 30, the electric vehicle maker Nio launched on Thursday its flagship SUV in several European countries, including Germany, Denmark, the...
View ArticleRivian Starts a New Round of Layoffs as Cost Reduction Measures Continue
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Rivian has started this week another round of layoffs as part of its ongoing efforts to reduce costs. The company confirmed on Thursday...
View ArticleRivian Unveils Upcoming Improvements: Apple Music, Dolby Atmos, and More
Written by Cláudio Afonso | LinkedIn | X Late Thursday, Rivian’s Chief Software Officer, Wassym Bensaid, engaged with the community on Reddit for an extensive “Ask Me Anything” session, sharing...
View ArticleCanoo Stock Crashes 42% in 21 Minutes, Gives up Early Gains
Written by Cláudio Afonso | LinkedIn | X Shares of the electric vehicle startup Canoo initially surged 14 percent on Friday, reaching $2.49 per share, before experiencing a dramatic drop of 42 percent...
View ArticleLucid CEO Claims Company Outpaces Tesla in EV Technology
Written by Cláudio Afonso | LinkedIn | X Lucid Motors CEO and CTO Peter Rawlinson made bold claims about his company’s technological advancements, stating that Lucid has overtaken Tesla in the electric...
View ArticleStellantis CEO Admits U.S. Operational Errors, Outlines Recovery Plan
Written by Cláudio Afonso | LinkedIn | X Stellantis held on Thursday its investor day at its North American headquarters where the chief executive Carlos Tavares and his leadership team updated...
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Faraday Future CEO Visits UAE, Teases Development in the Region
Written by Cláudio Afonso | LinkedIn | X Faraday Future CEO Matthias Aydt wrote on LinkedIn this Saturday that he visited the United Arab Emirates this week to discuss the company’s progress in the...
View ArticleXiaomi “On Track” to Deliver +10,000 Vehicles in June, CEO Says
Written by Cláudio Afonso | LinkedIn | X Seventy days after delivering its first vehicle, China’s tech giant Xiaomi crossed 20,000 vehicles delivered. In May, its second month of production, the...
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