Clik here to view.
Fisker Austria Enters Restructuring Process for Business Continuity
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Fisker GmbH, the Austrian entity of Fisker, announced on Tuesday its voluntary filing for a restructuring proceeding via...
View ArticleClik here to view.
Lucid Motors Warns of 12-Month Liquidity Limit, Shares Fall 14%
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Shares of Lucid Motors, the luxury electric vehicle startup, are plummeting 14 percent on Tuesday after the company cautioned that its...
View ArticleClik here to view.
Rivian Reports Q1 Earnings: Revenue Beats, EPS Misses by 33c
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X The Irvine-headquartered EV manufacturer Rivian Automotive published on Tuesday its financial results from the first quarter of the...
View ArticleClik here to view.
Rivian CEO on Apple Collaboration: “We Don’t Comment on Rumours”
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Rivian reported on Tuesday its financial results from the first quarter of 2024 posting wider than expected losses and reiterating its...
View ArticleClik here to view.
Nio Welcomes the 6th Partner to its Battery Swap Technology
Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | X The decade old EV maker Nio started building its battery swap stations in China back in 2018 and since then it has provided over 43.5...
View ArticleLucid CEO Says Deliveries in Saudi Arabia Surpass 500 Vehicles in Q1
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X During the first quarter, the electric vehicle manufacturer Lucid delivered 1,967 vehicles, a nearly 40 percent growth compared to the...
View ArticleNeedham Analyst Sees Rivian as EV Transition Winner, Reaffirms Price Target
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Needham analyst Chris Pierce reiterated on Wednesday the firm’s Buy rating and $13 price target on Rivian shares, citing confidence in...
View ArticleClik here to view.
Nio Submits Trademark Applications for SubBrands in Australia
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Nio has been actively securing intellectual property rights in Australia since the early days of the brand. The first filing was in...
View ArticleClik here to view.
Lucid CEO says Chinese EVs Are “Many Years Behind Tesla” Despite Improvements
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X In an interview at the Financial Times Car Summit, in London, Lucid CEO and CTO Peter Rawlinson said electric vehicle manufacturers...
View ArticleTD Cowen Slashes Nikola Price Target By 50% After Higher Losses in Q1
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X TD Cowen analyst Jeffrey Osborne lowered the price target on Nikola shares by 50 percent to $0.50 while maintaining a Hold rating. The...
View ArticleClik here to view.
Nio To Launch its First Sub-brand Onvo on May 15
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X While celebrating the 500,000th car rolling off the production line in Hefei, China, Nio CEO shared on the Nio App that the first...
View ArticleClik here to view.
Fisker Gets Deadline Extension, Avoids Immediate Redemption
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X In a recent SEC filing, the electric vehicle (EV) startup Fisker announced an agreement reached on Wednesday with an investor to...
View ArticleClik here to view.
Tesla’s Head of Product Resigns After 7 Years, Citing Effects of Recent Layoffs
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Tesla‘s Head of Product Rich Otto announced on Wednesday that he has resigned in the first days of May after nearly 7 years at the...
View ArticleClik here to view.
Ai Tiecheng: The Man Who Will Lead The New EV Brand Onvo
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Alan Tiecheng, a relatively unknown figure in the automotive industry, is about to draw significant attention. With just six days...
View ArticleFisker Rejects Investor Demand for Immediate Payment of Notes
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X In a new SEC filing filed on Wednesday, Fisker announced an agreement reached with an investor to extend the deadline to May 17....
View ArticleClik here to view.
Xiaomi Co-Founder Buys Tesla Model Y After Testing FSD Technology in the US
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X In late April, Lin Bin, co-founder of Xiaomi, tested Tesla’s full self-driving (FSD) software V12 in the United States. In post on...
View ArticleTrump Promises to Reverse Biden’s Measures on EVs
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Donald Trump, the Republican presidential candidate running against Biden in the upcoming presidential election on November 5,...
View ArticleClik here to view.
BP Eyes Tesla Supercharger Sites in $1 Billion Expansion
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X According to an interview with Bloomberg, BP Pulse’s electric vehicle charging arm is poised to take over Tesla‘s supercharging sites...
View ArticleClik here to view.
Geely’s Zeekr Prices IPO at $21 per Share, Valuation Reaches $5.1 Billion
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Zeekr, the premium brand of Chinese automaker Group Geely, has priced its initial public offering (IPO) in the United States at the...
View ArticleBlink Reports Revenue Surge of 73% in Q1, Charging Stations Surpass 4,500
Written by Cláudio Afonso | Info@claudio-afonso.com | LinkedIn | X Blink Charging reported on Thursday its first quarter earnings results disclosing a 73 percent increase of total revenues to $37.6...
View Article