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Morgan Stanley Comments on Nio’s CFO Departure, Expects Steady Demand

Written by Cláudio Afonso | LinkedIn | X In a reaction to the departure of Nio‘s chief financial officer announced earlier today, Morgan Stanley analyst Tim Hsiao said C-level changes are “rarely...

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Rivian’s Chief Accounting Officer Resigns, CFO to Serve as Interim

Written by Cláudio Afonso | LinkedIn | X Rivian Automotive announced on Friday its Chief Accounting Officer Jeffrey Baker has resigned to pursue another career opportunity. The resignation will take...

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Lucid Registers 15 Vehicles in Germany for June, Totaling 65 for 2024

Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors sold 15 units of its first production model, the Lucid Air, in Germany during June, according to official data released by...

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Pony.ai Grants Approval for Driverless Robotaxi Service in Shanghai

Written by Akimoto Yukiko | Edited by Cláudio Afonso Autonomous driving (AD) company Pony.ai received on Friday, at the 2024 World Artificial Intelligence Conference, one of Shanghai’s first permits...

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Nio Exec Hints Expansion to Spain, France, and Italy

Written by Cláudio Afonso | LinkedIn | X Nicola Marsala, Nio‘s Head of the Southern European region, hinted that the electric vehicle (EV) manufacturer will be expanding to new countries despite the...

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Canoo CFO and 2 Other Execs Awarded with Nearly 500,000 Shares

Written by Cláudio Afonso | LinkedIn | X Three top executives at Canoo were granted significant stock awards, according to SEC Form 4 filings disclosed by the electric vehicle (EV) startup on Friday....

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Fisker Sales in UK Drop to Just 1 in June Amid Global Sales Halt

Written by Cláudio Afonso | LinkedIn | X Electric vehicle (EV) startup Fisker registered only 1 vehicle last month in the United Kingdom. In the second half of June, the company has halted the sales...

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Polestar UK Sales Drop 41% Year-on-Year in June

Written by Cláudio Afonso | LinkedIn | X Polestar, the electric vehicle maker led by Thomas Ingenlath, has registered 660 vehicles in the United Kingdom during June. In total, 34,034 battery electric...

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Faraday Future Schedules Annual Meeting with Reverse Stock Split on Agenda

Written by Cláudio Afonso | LinkedIn | X Faraday Future announced Friday that its Annual Meeting of Stockholders will be held on July 31 at 9:00 a.m. Pacific Time as the company seeks approval on the...

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Rivian Launches First TV Ad to Boost Brand Visibility

Written by Cláudio Afonso | LinkedIn | X “Rivian brand awareness is only 40 percent in the US – significant growth opportunity”. That was the only sentence shown on the 90th slide of Rivian‘s Investor...

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Tesla’s New Model Y ‘Juniper’ Spotted Ahead of Next Year’s Launch

Written by Cláudio Afonso | LinkedIn | X A Tesla Model Y, wrapped and disguised, was seen in Pasadena, north of Los Angeles, this Sunday, as enthusiasts and shareholders wait for further updates on the...

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Nio to Launch Driver-Free Autonomous Battery Swapping Later this Year

Written by Cláudio Afonso | LinkedIn | X The World Artificial Intelligence Conference (WAIC) wraps up today in Shanghai, with the electric vehicle (EV) maker Nio announcing updates on the battery...

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Elon Musk Warns of 2025 Model Y Rumors Impacting Current Sales

Written by Cláudio Afonso | LinkedIn | X Earlier today, a wrapped Tesla Model Y was seen in north of Los Angeles as the chief executive Elon Musk reiterates that the new version will not arrive this...

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Nio’s Senior Director for AD Mirko Reuter Steps Down

Written by Cláudio Afonso | LinkedIn | X Nio’s Senior Director for Automated Driving in Europe, Mirko Reuter, has announced his departure from the company on his LinkedIn profile on Saturday. In...

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Lucid CEO to Speak at Goodwood Festival of Speed on July 11

Written by Cláudio Afonso | LinkedIn | X Starting this Thursday, the Goodwood Festival of Speed (FoS) returns to the South of England, featuring participants such as BYD’s luxury sub-brand Yangwang,...

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Citi Lowers Polestar Price Target to $1.10 on EU Tariffs, Price Pressures

Written by Cláudio Afonso | LinkedIn | X Citi analyst Itay Michaeli lowered the firm’s price target on Polestar shares to $1.10 from $1.70 per share on Monday while maintaining a Neutral rating. On...

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Lucid: Global X Lithium ETF Sells 664,000 Shares, Cuts Stake by 7%

Written by Cláudio Afonso | LinkedIn | X Global X Lithium & Battery Tech ETF (LIT) has filed a new form revealing that it has cut its stake in the electric vehicle (EV) manufacturer Lucid Motors by...

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Lucid Reports 2,394 Vehicles Delivered, 2,110 Produced in Q2

Written by Cláudio Afonso | LinkedIn | X The U.S. startup Lucid Motors reported on Monday that it delivered 2,394 vehicles in the second quarter of the year, while producing 2,110 units, beating...

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Lucid Motors Offers VAT-Free Deals and Bold Perks to Saudi Buyers

Written by Cláudio Afonso | LinkedIn | X As it aims to continue the uptrend in its global deliveries, electric vehicle (EV) maker Lucid Motors has rolled out what is likely the biggest incentive...

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Rivian CEO Files to Sell 71,429 Shares

Written by Cláudio Afonso | LinkedIn | X RJ Scaringe, the chief executive of the electric vehicle (EV) maker Rivian has filed a Form 144 with the U.S. Securities and Exchange Commission (SEC) late...

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