Jane Street Raises Lucid Stake in Q2 After Nearly Dumping Its Holdings in Q1
Written by Cláudio Afonso | LinkedIn | X Jane Street Group disclosed in its quarterly 13F form with the SEC that increased its position in the electric vehicle (EV) maker Lucid Motors during the second...
View ArticleBYD CEO Says Denza Was the First Chinese NEV Force: Not Nio, Li Auto or XPeng
Written by Cláudio Afonso | LinkedIn | X At the pre-sale launch event of the Denza Z9 GT, BYD‘s Chairman Wang Chuanfu defended that Denza —the subbrand created together with Daimler nearly 15 years ago...
View ArticleLucid CEO Says Tesla is Not the Tech Leader Anymore After Becoming “Distracted”
Written by Cláudio Afonso | LinkedIn | X In an interview with Yahoo Finance at the Pebble Beach event, Peter Rawlinson, CEO of Lucid Motors, stated that the EV maker has ‘taken the mantle from Tesla’...
View ArticleCanoo to Provide Business Update on August 22 as Shares Approach New Low
Written by Cláudio Afonso | LinkedIn | X Canoo, an Oklahoma-based electric vehicle startup, will deliver a keynote at the Emerging Growth Conference 74 on Thursday, August 22. The Conference announced...
View ArticleLucid CEO Criticizes Hybrid Vehicles, Says They Offer “The Worst of All”
Written by Cláudio Afonso | LinkedIn | X Speaking to The Verge at the Pebble Beach Concours d’Elegance, Lucid’s CEO Peter Rawlinson said the electric vehicle market is seeing a “temporary blip” while...
View ArticleHydrogen Truck Maker Hyzon Motors to Be Delisted, Stock Trades at $0.06
Written by Cláudio Afonso | LinkedIn | X Hyzon Motors, the hydrogen fuel cell EV manufacturer, received a “delisting determination” from the Nasdaq Stock Exchange on Wednesday after its share price...
View ArticleNio to Report Q2 Earnings Results on September 5
Written by Cláudio Afonso | LinkedIn | X Shanghai-based Nio announced on Thursday that it will release its second-quarter earnings results on September 5, before U.S. markets open. The results will be...
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Billionaire Israel Englander Nearly Doubles Rivian Stake, Rebuilds Position...
Written by Cláudio Afonso | LinkedIn | X Millennium, the investment firm founded by billionaire Israel Englander, has filed its latest 13F form, showing an increased stake in electric vehicle makers...
View ArticlePlug Power Names iRobot’s Co-Founder to its Board of Directors
Written by Cláudio Afonso | LinkedIn | X Plug Power said on Thursday it has appointed Colin Angle, the co-founder and former CEO of iRobot, to its Board of Directors. The company highlighted Angle’s...
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Li Auto to Sue Medical Firm Over Threat to Publicize Founder’s Health Data
Written by Cláudio Afonso | LinkedIn | X Li Auto, a Beijing-based new energy vehicle (NEV) manufacturer, said it will sue the medical firm EMST after the firm threatened to release the physiological...
View ArticleLucid Gravity Dethrones a Direct Rival… Even Before Its Launch
Written by Cláudio Afonso | LinkedIn | X Lucid Motors is about to launch its second model, a three-row sports utility vehicle named Gravity which will be priced at under $80,000. Besides the recently...
View ArticleFaraday Future Shares Skyrocket 140% as Volume Hits Record High
Written by Cláudio Afonso | LinkedIn | X Shares of Faraday Future surged 140% on early Thursday to $8.5 per share. Earlier this week, the company said it would unveil its sub-brand on September 19...
View ArticleLucid Surpasses Nio and Becomes the 3rd Largest Pure EV Maker
Written by Cláudio Afonso | LinkedIn | X Shares of the electric vehicle maker Lucid Motors closed 7.5% higher on Thursday at $3.85 resulting in a market cap of $8.93 billion. Peter Rawlinson, Lucid’s...
View ArticleCanoo CFO Says Initial Backlog Reaches 18,000 Units, Equivalent to $750M
Written by Cláudio Afonso | LinkedIn | X Canoo’s chief financial officer, Greg Ethridge, delivered a keynote on Thursday at the Emerging Growth Conference revealing several updates regarding the...
View ArticleCanoo Reaffirms Walmart Partnership, Highlights 10,000+ Test Miles Logged
Written by Cláudio Afonso | LinkedIn | X U.S. largest retailer Walmart inked, in mid 2022, an agreement to buy 4,500 Lifestyle Delivery Vehicles (LDVs) from the startup Canoo. Since then, Walmart has...
View ArticleLucid’s Mid-Size Platform to Include Three New Models, VP Reveals
Written by Cláudio Afonso | LinkedIn | X Lucid Motors plans to introduce a new mid-size SUV under $50,000 in late 2026, and that’s something known for quite a while. The company’s latest update reveals...
View ArticleCanoo to Start Pilot Programs in the UK By the Year End, CFO Says
Written by Cláudio Afonso | LinkedIn | X After starting pilot programs with NASA, Walmart, USPS and some other potential customers in the United States, Canoo has been adding the UK and the Middle East...
View ArticleRivian Plant Escapes Damage as Fire Destroys Vehicles in Illinois [Video]
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Rivian is currently investigating a fire that damaged several vehicles at its Normal, Illinois plant. The company confirmed that the...
View ArticleXPeng CEO Buys $13.5M in Company Shares, Plans Further Investments
Written by Cláudio Afonso | LinkedIn | X He Xiaopeng, the co-founder and CEO of China’s electric vehicle maker XPeng, has increased his stake in the company to about 18.8% after buying $13.5 million...
View ArticleCohen’s Point72 Increases Stake in Nio by 164% to 6.5 Million Shares
Written by Cláudio Afonso | LinkedIn | X The American hedge fund Point72, led by the billionaire Steven A. Cohen, disclosed in its latest filing to the Securities and Exchange Commission that has more...
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