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Nio CEO Forecasts Onvo’s First Model to Outsell Xiaomi Su7

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X It’s a common tradition for CEOs of Chinese automakers to visit competitors’ booths, often introduced by the other company’s CEO. This...

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Rivian Hires Former Volvo Chief Operating Officer

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

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Fisker Closes New York Store Amid Transition to Dealer Partnerships Model

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The electric vehicle (EV) startup Fisker has reportedly closed its showroom in New York this week as it transitions from direct sales...

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Fisker Discontinues Roadside Assistance in Europe

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X In an email sent to all customers in Europe, Fisker informed on Friday that would discontinue its roadside assistance from today,...

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Nio CEO Meets with Nvidia CEO During US Brief Trip To Discuss AI [Video]

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Some days after unveiling the 2024 facelift of Nio’s sedan ET7 at the Beijing Auto Show , the CEO William Li flew to the United States...

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Magna Reports Earnings, Outlook Assumes “No Further Production of Fisker Ocean”

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Magna reported on Friday its first quarter financial results disclosing a 3 percent increase in sales to $11 billion and $316 million...

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Tesla’s SVP Tom Zhu to Return to China as Vice President for Chinese Market,...

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Tom Zhu, Tesla’s Senior Vice President of Automotive, is set to return to China as Vice President for the market, as reported by...

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April Deliveries in Germany: Tesla 1,637, BYD 183, Nio 53, Lucid 26

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X According to data released by the German Federal Motor Transport Association, April saw the registration of 243,102 passenger cars,...

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Mullen Implements Stockholder Rights Plan to Protect Investors

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The EV startup Mullen Automotive announced on Monday that its Board of Directors has adopted a limited duration stockholder rights...

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Tesla Continues Layoffs: Service, Software and Engineering Among the Teams...

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Tesla started a new round of layoffs warning some of its teams that May 5 marked their last day at the company. From Friday until...

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Nio’s subbrand codenamed “Firefly” to Launch in Europe Next Year, Exec Says

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | X Nio will unveil “a second smaller EV to be sold in Europe next year for less than $30,000,” Reuters reported on Monday citing Nicolas...

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Lucid Reports Q1 Earnings: Revenue Reached $172.7 Million

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The California-based startup Lucid Motors published on Monday its financial results from the first quarter of the year reporting a...

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Apple Considers Teaming Up With Rivian for Electric Car Project, Report Says

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Earlier this year, Apple scrapped its plans to launch an autonomous electric vehicle after more than a decade of development and a $10...

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Lucid SVP of Digital Steps Out with Immediate Effect

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X On Monday, Lucid Motors, a startup headquartered in California, released its financial results for the first quarter of the year....

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Lucid CEO Says Midsize Model Arrives in Late 2026, Priced At “About $48,000”

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X On Monday, Peter Rawlinson, CEO of the electric vehicle manufacturer Lucid Motors, announced that the company’s midsize model will...

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Tesla Weekly Sales in China Reach 11,000 Units, Year to Date Figures Are 6%...

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X On Tuesday, weekly car insurance data for China was released, indicating that Tesla sold 11,000 vehicles in the country from April 29...

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Nikola reports Q1 Earnings: Revenue $7.49 Million, Operating loss $145.4 Million

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Nikola published on Tuesday its financial results for the first quarter of year reporting a decline on total revenues and a non-GAAp...

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Mullen Adds New Dealer Partner in California for its Commercial EVs

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The EV startup Mullen Automotive announced on Monday National Auto Fleet Group as a new dealership in California for its commercial...

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Tesla GigaBerlin Expansion Faces Opposition as Activists Plan Protests

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Tesla plans to expand Giga Berlin’s premises by 170 hectares, doubling the facility’s production capacity to 1 million units a year....

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Fisker to Shut Down Manhattan Beach HQ Amid Financial Pressures

Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The EV startup Fisker is in the process of closing its Manhattan Beach headquarters relocating the employees to its La Palma office,...

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