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Lucid Announces Public Offering of Over 262 Million Shares, Files Shelf...
Written by Cláudio Afonso | LinkedIn | X Lucid Motors filed a new 8-K filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday after the market close announcing that is starting a...
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Lucid Expects Slightly Lower Q3 Revenue Despite Record Vehicle Deliveries
Written by Cláudio Afonso | LinkedIn | X Lucid Motors announced late Wednesday that it expects third-quarter revenue to range between $199 million and $200 million, slightly below the $200.6 million...
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GAC’s Aion to Unveil New EV Hatchback in November, Expand to Europe in 2025
Written by Cláudio Afonso | LinkedIn | X China’s GAC Group, which includes GAC Motor, Aion, Hyptec, and Trumpchi sub-brands, announced Monday it is expanding to Europe next year. Less than two weeks...
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Goldman Sachs Raises Price Targets for Nio and XPeng’s Hong Kong-Listed Shares
Written by Cláudio Afonso | LinkedIn | X Goldman Sachs analyst Tina Hou updated on Wednesday the firm’s price target on Nio and XPeng’s Hong Kong-listed shares. Hou has maintained the Neutral rating on...
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Lucid Shares Plunge 18% as Analyst Reaffirms $2 Price Target
Written by Cláudio Afonso | LinkedIn | X CFRA analyst Garrett Nelson released a research note on Thursday, commenting on Lucid’s public offering and third-quarter estimated results announced late...
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Nio Opens First Middle East Pop-Up Store as Expansion Nears
Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle maker Nio has opened its first pop-up store in the Middle East, ahead of a planned launch event later this month. Targeting the Middle...
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EV Maker Nio Partners with e& in the Middle East
Written by Cláudio Afonso | LinkedIn | X Nio announced Friday it is partnering with the United Arab Emirates’ largest telecommunications provider e& in the Middle East and North Africa regions....
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Canoo Van Rentals from Kingbee Delayed Again, Now Expected in 2025
Written by Cláudio Afonso | LinkedIn | X Kingbee, the short-term van rental company, announced a partnership with electric van maker Canoo two years ago, with plans to offer short-term leases on 9,300...
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XPeng P7+ Rolls Off Production Line, Prepares for First Deliveries in November
Written by Cláudio Afonso | LinkedIn | X The first mass-produced XPeng P7+ has rolled off the production line at XPeng’s Guangzhou factory, with deliveries set to begin in China in November. The demo...
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BofA Names Lucid “One of the Most Attractive” EV Startups
Written by Cláudio Afonso | LinkedIn | X BofA Securities analyst John Murphy reiterated a Neutral rating on Lucid Group shares in a research note released Thursday, setting a price target of $3.40....
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Nikola Shares Hit New All Time Low After 15% Staff Layoff
Written by Cláudio Afonso | LinkedIn | X Nikola shares dropped to a new all-time low of $3.72 on Friday, just days after the company announced a fresh round of layoffs aimed at “adjusting and...
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Nio Accelerates Chip Usage in EVs, Surpassing 4,200 Semiconductors Per Vehicle
Written by Cláudio Afonso | LinkedIn | X Nio’s co-founder and president, Lihong Qin, revealed a sharp rise in the number of semiconductor chips used in each vehicle since the Nio ES8, the company’s...
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Nio Exports 1,083 EVs Overseas in First 9 Months of 2024, 0.67% of Production
Written by Cláudio Afonso | LinkedIn | X During a visit to Anhui Province on Thursday, China’s President Xi Jinping toured high-tech manufacturing sites in the cities of Anqing and Hefei, with a focus...
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Lucid Partners with UAE Telecom Giant e& for In-Vehicle Connectivity
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors announced that it is partnering with e&, the largest publicly listed telecommunications provider in the United Arab...
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Onvo to Roll Out Scheduled Charging Feature via OTA Update in December
Written by Cláudio Afonso | LinkedIn | X As Onvo, a newly launched EV brand under Nio Group, begins delivering its first vehicles to customers in China, the company has published several Q&A...
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Rivian and Bosch in Legal Dispute Over Canceled Electric Motor Contract
Written by Cláudio Afonso | LinkedIn | X Rivian and Bosch are locked in a legal battle over a canceled electric motor supply deal, with both companies filing lawsuits against each other. Bosch, the...
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Nio Prices EL8 100 kWh Model at $98,000 in UAE, EC6 Starts at $65,300
Written by Cláudio Afonso | LinkedIn | X As it prepares to begin its next expansion phase, Nio has revealed the pricing of its EC6 and EL8 models for the UAE market. Last week, the...
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Lucid CEO Says Full Urban Autonomy Won’t Arrive “Until the 2030s”
Written by Cláudio Afonso | LinkedIn | X Lucid Motors CEO Peter Rawlinson, in an interview with Semafor, commented on the company’s development over the last years and the support from Saudi Arabia...
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Xiaomi CEO Spotted Driving Ferrari Purosangue Ahead of SUV Launch [Video]
Written by Cláudio Afonso | LinkedIn | X Lei Jun, founder and chairman of Xiaomi, was recently seen driving a red Ferrari Purosangue SUV, and the video circulated on Chinese social media on Monday....
View ArticleCanoo Gets Regulatory Approval for Pilots in the UK
Written by Cláudio Afonso | LinkedIn | X Electric van maker Canoo announced on Monday that it has received Individual Vehicle Approval (IVA) regulatory certification in the UK, confirming that its...
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