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Rivian Employee Reveals Updates After Factory Upgrade in April

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Rivian‘s plant in Illinois has been temporarily closed since April 5 amid the implementation of new technologies and production...

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Polestar Faces Setback as 2023 Financial Report Is Postponed for the Second Time

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The electric vehicle (EV) manufacturer Polestar announced on Tuesday that it would postpone the release of its financial results for...

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Nio delivers 15,620 Vehicles in April, Up 135% Year Over Year

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Nio reported on Wednesday the delivery of 15,620 vehicles in April, an increase of 134.6 percent year over year. The electric vehicle...

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Xiaomi delivers 7,058 vehicles in April as CEO Teases Global Expansion

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Smartphone giant Xiaomi reported on Wednesday the delivery of 7,058 vehicles in April, its first production month that followed the...

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Xpeng delivers 9,393 vehicles in April, Up 33% Year on Year

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X China’s manufacturer Xpeng delivered 9,393 vehicles in April, of which 1,959 were Xpeng’s recently launched fully electric MPV X9. The...

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Fisker’s Fate Hangs in the Balance as Forbearance Agreement Deadline Arrives

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Today, May 1st, marks the deadline for Fisker‘s agreement with the investor as the startup engages in talks with automakers regarding...

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Trust Securities Adjusts Rivian’s Price Target Ahead of Earnings

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Truist Securities analyst Jordan Levy lowered on Wednesday the firm’s price target on the EV startup Rivian while maintaining the Hold...

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Tesla Senior Director of HR Leaves After 6 Years At The Company

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Tesla’s senior director of HR has reportedly left Tesla in the latest round of layoffs, Bloomberg reported on Wednesday. Arebalo...

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Fisker Technicians Repurpose Parts from Pre-Production Vehicles for Customer...

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Fisker technicians have been using parts from pre-production vehicles and existing inventory to repair some customers’ cars, according...

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Nio Stock Jumps on Strong Delivery Numbers and Shanghai’s New NEV Subsidies

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Shares of the battery electric vehicle (BEV) manufacturer Nio are surging over 11 percent on Wednesday following the report of strong...

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Amazon’s Fleet Exceeds 13,500 Rivian Electric Vans

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Amazon published on Tuesday its first quarter financial results reporting better-than-expected revenue and earnings while its Web...

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Morgan Stanley Reiterates 100% Upside Potential on Nio Shares

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Morgan Stanley analyst Tim Hsiao released a new research note on Nio commenting the April delivery results and the upcoming sub brand...

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Volvo Cars Chief Operating Officer Steps Down With Immediate Effect

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Volvo Cars has announced on Thursday that its Chief Operating Officer and Deputy CEO, Javier Varela is leaving the company with...

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S&P Global Reaffirms its ‘BBB’ Credit Rating for Tesla

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X S&P Global Ratings reiterated on Wednesday its “BBB” credit rating for Tesla as it expects the company to maintain low debt while...

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Fisker Nearly Triples Number of Dealership Locations in One Month

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The electric vehicle (EV) startup Fisker announced on Thursday the addition of six dealer partners in the US bringing the number up to...

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Illinois Governor to Announce New Incentives for Rivian’s Plant Expansion on...

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X This afternoon, Governor JB Pritzker of Illinois will announce a new round of financial incentives for the electric vehicle (EV)...

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Nio Offers Temporary Leasing Discounts, 0% Interest Rate in Germany on...

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Nio announced on Thursday the introduction of annual interest rate of 0 percent when ordering its most expensive sedan Nio ET7 while...

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Rivian To Receive $827 Million Package to Expand Its Plant in Illinois

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X As reported earlier today, Rivian received this Thursday a $827M incentive package from the State of Illinois allowing the expansion...

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Xpeng Opens Orders for the G6 in Europe Starting at $46,000

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X China EV manufacturer Xpeng started on Thursday accepting orders for its entry level SUV G6. The electric coupe SUV from the...

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Tesla Starts Deliveries of the Model 3 Performance in Europe

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X On Friday, Tesla began delivering the recently unveiled Model 3 Performance in Germany marking the first units to reach Europe....

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