Volkswagen Denies Rumors of Planning 30,000 Layoffs
Written by Cláudio Afonso | LinkedIn | X The embattled German automaker Volkswagen has denied reports suggesting it plans to lay off up to 30,000 employees. “Volkswagen must reduce costs at its German...
View ArticleFaraday Future to Launch Sub-$30K Model Under New Brand
Written by Cláudio Afonso | LinkedIn | X California-based electric vehicle (EV) startup Faraday Future launched its second brand, Faraday X, on Friday, aiming for an extremely lower price range—around...
View ArticleCanoo Hit with Lawsuit by Supplier Over Alleged Misleading Production Claims
Written by Cláudio Afonso | LinkedIn | X EV startup Canoo Inc. is facing a lawsuit from Dana Limited, a key supplier of fully integrated drivetrain and electrified propulsion systems, alleging delays...
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Nio Will Only Consider Launching Extended-Range EVs When Tesla Does, CEO Says
Written by Cláudio Afonso | LinkedIn | X Speaking to the media immediately after the Onvo L60 launch event, Nio Group founder and chief executive William Li reiterated that the company is not planning...
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Chinese EV Makers Alert EU Tariffs Could Impact Current Investment Plans
Written by Cláudio Afonso | LinkedIn | X China Chamber of Commerce to the EU has alerted that Chinese electric vehicle makers will re-evaluate their investments in Europe if the extra duties on...
View ArticleTesla Owners Face New Competition as Supercharger Network Opens to General...
Written by Samuel O’Brient | Edited by Cláudio Afonso This week marked a significant milestone for electric vehicle (EV) charging adoption. Tesla has finally opened its North American Supercharging...
View ArticleLucid Motors in Licensing Talks with “Many” Automakers, VP Says
Written by Cláudio Afonso | LinkedIn | X As it prepares to start mass producing its second model later this year, the electric vehicle maker Lucid Motors has just opened a new engineering and research...
View ArticleChinese EV Stocks Soar Amid $114 Billion Stimulus from Central Bank
Written by Cláudio Afonso | LinkedIn | X Hong Kong-listed Chinese automakers surged on Tuesday after the People’s Bank of China (PBOC) announced several better than expected key measures to stimulate...
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China’s Weekly EV Registrations: Tesla 13.8k, Nio 3.7k, Li Auto 12k, and More
Written by Akimoto Yukiko | Edited by Cláudio Afonso The weekly insurance registration data for China, covering the period from September 16 to 22, was released on Tuesday, revealing BYD’s continued...
View ArticleJP Morgan Reiterates Bullish Take on Nio After Visiting Onvo Stores
Written by Cláudio Afonso | LinkedIn | X JP Morgan analyst Nick Lai released Tuesday a new research note on the electric vehicle maker Nio after visiting several stores of the sub-brand Onvo in...
View ArticleCanoo Expands to the UK Eyeing the Growing Light Commercial Vehicle Market
Written by Cláudio Afonso | LinkedIn | X Electric van maker Canoo said Tuesday it is expanding its operations to the United Kingdom aiming to leverage local expertise while strengthening its commercial...
View ArticleWhite House Pushes US EV Production with Monroe Capital’s $1B Growth Fund
Written by Samuel O’Brient | Edited by Cláudio Afonso The world of electric vehicles (EVs) has a powerful new ally. Monroe Capital, a premier asset management firm, has announced a partnership with the...
View ArticleKia America to Provide NACS Adapters by Early 2025, Enabling Access to Tesla...
Written by Cláudio Afonso | LinkedIn | X Kia America announced on Tuesday that it will begin offering North American Charging Standard (NACS) adapters for its electric vehicles (EVs) starting in early...
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Faraday Future Teases Partnership with NBA Star James Harden
Written by Cláudio Afonso | LinkedIn | X Electric vehicle (EV) startup Faraday Future announced Tuesday it hosted the NBA star James Harden at its headquarters in Los Angeles teasing that both will...
View ArticleTesla to Participate at the Paris Auto Show, Display Cybertruck and Optimus
Written by Cláudio Afonso | LinkedIn | X Six years later, Tesla is returning to the Paris Auto Show and in full force. The company led by Elon Musk will showcase the Model S, 3, X, and Y but also the...
View ArticleFisker Drivers Regain Access to Service Network Thanks to Owner’s Association
Written by Cláudio Afonso | LinkedIn | X Last June, electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection in Delaware after failed buyout negotiations with automakers earlier this...
View ArticleOnvo to Begin L60 Deliveries with 85 kWh Battery in December
Written by Cláudio Afonso | LinkedIn | X Nio’s sub-brand, Onvo, will begin delivering its debut model L60 next Saturday on September 28, as previously announced. However, in a new Q&A session on...
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Zeekr Struggles to Hit 2024 Sales Target, Pins Hopes on New 7X Model for Q4 Push
Written by Cláudio Afonso and Collins Eshiet In the first days of the year, a spokesperson of China’s electric vehicle manufacturer Zeekr told Reuters that the company aims to double its sales and...
View ArticleBYD Reaches 9 Million NEVs, Producing 1 Million in Less Than 3 Months
Written by Cláudio Afonso | LinkedIn | X Chinese giant BYD announced Wednesday it rolled off its 9 millionth new energy vehicle (NEV) from the production line. The landmark vehicle was the fully...
View ArticleRivian Vehicles Reach UK Roads Through Local Rental Firm
Written by Samuel O’Brient | Edited by Cláudio Afonso If you’re a UK resident who’s been wanting to drive a Rivian electric vehicle (EV), the wait may soon be over. The electric truck and SUV startup’s...
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