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Nio Rumoured to Launch ET6 Sedan in 2025, Upgrade ES8 and ES7 SUVs

Written by Cláudio Afonso | LinkedIn | X As the electric vehicle industry in China accelerates its pace of development, car makers are increasingly pressured to release updated versions of their models...

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Faraday Future Raises CEO and Founder Salaries with Conditions

Written by Cláudio Afonso | LinkedIn | X The troubled electric vehicle maker Faraday Future filed a new filing with the Securities and Exchange Commission (SEC) informing that the compensation packages...

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Needham Reiterates Bullish View on Lucid Following Tech Day Event

Written by Cláudio Afonso | LinkedIn | X Needham analyst Vikram Bagri published on Wednesday a research note on the electric vehicle maker Lucid Motors following the Technology and Manufacturing Day...

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Former VW Group CEO Meets with Nio Chief, Praises Chinese EV Startups​

Written by Cláudio Afonso | LinkedIn | X Herbert Diess, the former CEO of the Volkswagen Group and one of the most well known figures in the automotive industry, met with Nio’s founder and chief...

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BofA Maintains Concerns on Lucid Citing “General Slowdown in EV Demand”

Written by Cláudio Afonso | LinkedIn | X One day after Lucid hosted its Technology & Manufacturing Day in Arizona, BofA Securities analyst John Murphy released a new research note reiterating a...

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Nikola Founder Trevor Milton Ordered to Pay $168 Million to Former Company

Written by Cláudio Afonso | LinkedIn | X Nikola‘s founder and former CEO Trevor Milton has been ruled, by U.S. District Judge Diane Humetewa in Phoenix, to pay $167.7 million to the company over...

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XPeng G6 Secures 5 Start Safety Rating, Surpasses G9 and P7 Results

Written by Cláudio Afonso and Collins Eshiet Electric vehicle maker XPeng was awarded on Wednesday a five-star rating on the EuroNCAP Safety tests for its smallest SUV G6. The model, which has recently...

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Lucid to Start Gravity Deliveries Only in 2025, Analyst Says

Written by Cláudio Afonso | LinkedIn | X Cantor analyst Andres Sheppard sent out a new note on Wednesday reaffirming the 12-month $4 price target on the electric vehicle maker Lucid Motors. Following...

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Rivian Has No Plans to License Tesla’s FSD Software, CEO Says

Written by Cláudio Afonso  | LinkedIn | X Earlier this year, Tesla’s chief executive Elon Musk said the company was in talks with “one major automaker about licensing Full Self-Driving (FSD)”. On...

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Stifel Maintains Lucid’s Price Target, Awaits Order Numbers for Gravity

Written by Cláudio Afonso | LinkedIn | X Stifel analyst Stephen Gengaro released a new research note on Thursday reiterating the firm’s price target on Lucid shares following the Technology &...

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GM Partners with Hyundai on ICE, EV, and Hydrogen Vehicles​

Written by Cláudio Afonso | LinkedIn | X General Motors announced Thursday it signed an agreement with Hyundai Motor Company aiming to reduce costs and increase the speed of the development of new...

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Tesla Model Y Dominates Chinese EV Market in August, BYD Seagull Gets Closer

Written by Akimoto Yukiko | Edited by Cláudio Afonso As of August 2024, the Tesla Model Y continues to dominate China’s battery electric vehicle (BEV) market, with year to date sales reaching 289,400...

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Geely Explores Locations for New Plant in Europe Amid EU Tariffs

Written by Akimoto Yukiko | Edited by Cláudio Afonso Executives from China’s Geely Group disclosed on Wednesday in Germany that the company is actively exploring potential locations for a manufacturing...

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RBC Capital Questions Lucid’s Product Roadmap, Reiterates Bearish Price Target

Written by Cláudio Afonso | LinkedIn | X RBC Capital analyst Tom Narayan release a new research note Thursday on Lucid Motors, less than 24 hours after attending the company’s Tech and Manufacturing...

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Chinese EV Stocks Drop as Beijing Tightens Control Over Key Tech Exports

Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle stocks are falling on Thursday after Bloomberg reported that Beijing has “strongly advised” automakers to protect their key technology...

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Former Nio, BMW Design Chief Joins China’s GAC Group

Written by Cláudio Afonso | LinkedIn | X Guangzhou Automobile Group, also known as GAC Group, has appointed Benoit Jacob to join Zhang Fan, the chief of the R&D center, on design and innovation...

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US Tariffs on China-Made EVs to Become Effective on September 27

Written by Cláudio Afonso | LinkedIn | X The U.S. administration finalized steep tariff increases on Chinese imports, including a 100 per cent duty on electric vehicles with the new duties becoming...

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Tesla to Launch Battery Armor and Rock Sliders for Cybertruck by the Year End

Written by Collins Eshiet | Edited by Cláudio Afonso  Tesla’s lead engineer has confirmed that Cybertruck owners will be able to buy extra protective retrofitted accessories options by the end of this...

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Uber, Waymo to Bring Autonomous Ride-Hailing Trips to Austin and Atlanta

Written by Cláudio Afonso | LinkedIn | X Uber announced Friday that, starting early next year, it will start providing autonomous ride-hailing to Austin and Atlanta as its partnership with Waymo is...

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Onvo L60 Achieves 12 kWh/100 km Energy Consumption, Surpassing the Tesla Model Y

Written by Cláudio Afonso | LinkedIn | X Unveiled last May, the first model from Nio’s sub-brand Onvo will start being delivered in China later this month. With its final price still unknown, the L60...

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