Nio Launches One-Pedal-Driving in Europe with Latest Software Update
Written by Cláudio Afonso | LinkedIn | X Electric vehicle (EV) maker Nio announced on Thursday the European release of the 2.3.5 version of Banyan, its in-house developed operating system. The new...
View ArticleFaraday Future to Deliver Second Unit of 2024 on August 12 After Delay
Written by Cláudio Afonso | LinkedIn | X YT Jia, the founder of the electric vehicle (EV) startup Faraday Future, revealed on Wednesday that the company will deliver the next vehicle next week, on...
View ArticleNikola Trucks Join HTEC’s Canadian Fleet Following Successful Testing
Written by Cláudio Afonso | LinkedIn | X The Vancouver-based firm HTEC announced on Thursday that Nikola trucks have passed its vehicle acceptance tests and will now integrate its Pilot Trucks fleet in...
View ArticleCanoo Faces Two Lawsuits Alleging Breach of Contracts and Unpaid Debts
Written by Cláudio Afonso | LinkedIn | X Electric vehicle (EV) manufacturer Canoo is currently facing two lawsuits, with the plaintiffs collectively seeking over $583,000 from the company. Saxum, the...
View ArticleMorgan Stanley Lowers Rivian Price Target Following Q2 Results
Written by Cláudio Afonso | LinkedIn | X Morgan Stanley analyst Adam Jonas lowered on Thursday the price target on Rivian shares by $1 to $16.00 after updating the firm’s model following the second...
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Nikola Reports Q2 Revenue of $31.3M as Deliveries Surged to 72 Vehicles
Written by Cláudio Afonso | LinkedIn | X The hydrogen and battery-electric truck manufacturer Nikola published on Friday its second quarter earnings results reporting a revenue of $31.319 million and a...
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Nikola Forecasts Q3 and Q4 Sales Growth, Targets 300-350 Deliveries in 2024
Written by Cláudio Afonso | LinkedIn | X Nikola published its second-quarter earnings results early Friday, beating Wall Street expectations on both revenue and a smaller-than-expected loss. During the...
View ArticleNasdaq Proposes Stricter Delisting Rules Amid Surge in Penny Stocks
Written by Cláudio Afonso | LinkedIn | X Nasdaq has published a filing on Thursday suggesting amendments to its rules concerning the stocks trading below $1, aiming to implement a faster and more...
View ArticleNikola Touts Hydrogen Trucks as Superior to Tesla’s Semi Model
Written by Cláudio Afonso | LinkedIn | X At the company’s earnings call held on Friday, Nikola management was asked about Tesla’s battery electric truck, a major competitor to its battery electric...
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Lucid to Launch Two New Showrooms in Germany as Sales Slip
Written by Cláudio Afonso | LinkedIn | X The California based electric vehicle (EV) maker Lucid Motors is gearing up to open two new showrooms in Germany as sales in the country disappoint. Lucid’s...
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Nio Launches 0.00% Financing on ET5 Sedan in Germany
Written by Cláudio Afonso | LinkedIn | X Nio announced on Friday that is now offering 0.00% financing on the ET5 model in Germany. The offer is valid on inventory vehicles and is applicable “only for...
View ArticleChina Takes EU Tariffs on Electric Vehicles to WTO for Dispute Resolution
Written by Cláudio Afonso | LinkedIn | X China has formally initiated a dispute settlement process with the World Trade Organization (WTO) in response to the European Union’s anti-subsidy tariffs...
View ArticleGeode Capital Raises Nio Position, Now Holds Nearly 8 Million Shares
Written by Cláudio Afonso | LinkedIn | X Since the first quarter of 2023, Geode has been increasing its position in the electric vehicle (EV) maker Nio by between 3% and 5% every quarter, and the last...
View ArticleGeode Increases its Position in Canoo by 150% in Q2, Adds 800,000+ Shares
Written by Cláudio Afonso | LinkedIn | X Geode, the index fund arm of Fidelity, has published the quarterly update of its portfolio revealing that increased its stake in the electric vehicle (EV)...
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Nikola Opens New Hydrogen Refueling Station in Los Angeles
Written by Cláudio Afonso | LinkedIn | X Nikola, which reported better-than-expected second-quarter earnings last week, announced on Monday the opening of a new hydrogen refueling station in Los...
View ArticleLucid’s Major Investor Increases Position by in Q2 to Over 16 mln Shares
Written by Cláudio Afonso | LinkedIn | X Geode Capital, the index fund business of Fidelity and one of the largest shareholders of Lucid Motors has released its quarterly portfolio update, revealing...
View ArticleDA Davidson Lowers Nikola Price Target to $10, Projects 18% Upside
Written by Cláudio Afonso | LinkedIn | X DA Davidson Michael Shlisky lowered on Monday the firm’s price target on Nikola shares to $10 from $12 while maintaining a Neutral rating. Earlier today, the...
View ArticleRBC Capital Lowers Ford Price Target to $10
Written by Cláudio Afonso | LinkedIn | X RBC Capital analyst Joseph Spak lowered on Monday the firm’s price target on Ford shares by $3 to $10.00. The analyst, who reiterated the Sector Perform rating...
View ArticleLucid Gravity to Include CCS and NACS Charging Ports, Eliminating Need for...
Written by Cláudio Afonso | LinkedIn | X Lucid Motors hosted on Sunday an event with over 250 owners in Torrance, CA, where it gave them the opportunity to talk with the team and check the highly...
View ArticleCanoo Hints at Production Progress as Stock Nears All Time Low
Written by Cláudio Afonso | LinkedIn | X Oklahoma-based Canoo is scheduled to report its second-quarter earnings on Wednesday after the market close. On Monday, the company shared on social media...
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