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...
View ArticleFaraday 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...
View ArticleNeedham 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...
View ArticleFormer 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...
View ArticleBofA 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...
View ArticleNikola 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...
View ArticleXPeng 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...
View ArticleLucid 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...
View ArticleRivian 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...
View ArticleStifel 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 &...
View ArticleGM 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...
View ArticleTesla 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...
View ArticleGeely 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...
View ArticleRBC 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...
View ArticleChinese 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...
View ArticleFormer 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...
View ArticleUS 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...
View ArticleTesla 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...
View ArticleUber, 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...
View ArticleOnvo 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...
View Article