Elon Musk Warns Against US ‘Sudden Giant Tariffs’ on Imported EVs [Video]
Written by Cláudio Afonso | LinkedIn | X When asked his opinion on U.S. tariffs on imported EVs aimed at protecting the manufacturing industry, Tesla CEO Elon Musk said on Monday he is “against sudden...
View ArticleTesla Raises Wages at German Gigafactory Following Conversion of 500 Positions
Written by Cláudio Afonso | LinkedIn | X Tesla has increased wages for employees at its German gigafactory outside Berlin by 4%, the U.S.-based electric vehicle maker said Tuesday. Last month, Tesla...
View ArticleHere are the Questions Lucid CEO, CFO Will Answer at the Q3 Earnings Call
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors will report its third-quarter earnings on Thursday, November 7, amid ongoing pressure from shareholders and a stock price...
View ArticleNio Registrations in Germany Drop to 15 in October, Lowest Since February 2023
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio registered 15 units in Germany in October, its lowest level since February 2023, when it recorded just 13 units. According to the...
View ArticleLucid Registrations in Germany Hit New Record for the Second Consecutive Month
Written by Cláudio Afonso | LinkedIn | X For the second consecutive month, Lucid Motors set a new record in Germany with 129 premium electric vehicles registered in October, according to data from the...
View ArticleWalmart Adopts Chevrolet Delivery Vans, Moving Away from Canoo
Written by Cláudio Afonso | LinkedIn | X Walmart has opted to integrate Chevrolet BrightDrop 400 electric vans into its last-mile delivery fleet, deviating from an agreement from 2022 with electric...
View ArticleHyundai Appoints Xavier Martinet as CEO, Effective 2025
Written by Cláudio Afonso | LinkedIn | X Hyundai Motor Europe has named Xavier Martinet as its new President and CEO, succeeding Michael Cole, who will step down on the last day of the year, after a...
View ArticleCanoo Names New CFO and General Counsel Following Key Executive Resignations
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Canoo announced on Tuesday that Chief Financial Officer Greg Ethridge and General Counsel Hector Ruiz have resigned, prompting a...
View ArticleCanoo Announces $12M Credit Facility from CEO-Affiliated Entity AFV
Written by Cláudio Afonso | LinkedIn | X The struggling EV maker Canoo disclosed in an SEC filing on Tuesday that it has entered into a $12 million secured revolving credit facility with AFV Management...
View ArticleNikola Faces Allegations of Battery Failures and Fuel Cell Shutdowns
Written by Cláudio Afonso | LinkedIn | X The battery electric and fuel cell electric truck maker Nikola faced on Tuesday accusations of not repairing customers’ trucks “in a timely manner,” leaving...
View ArticleTesla Shares Soar as Trump Edges Toward White House
Written by Cláudio Afonso | LinkedIn | X Tesla shares surged 13% to $283 in early pre-market trading Wednesday, as former President Donald Trump edged closer to securing the 270 electoral votes...
View ArticleAlliance Global Slashes Canoo Price Target Despite Maintaining Buy Rating
Written by Cláudio Afonso | LinkedIn | X Alliance Global Partners analyst C. K. Poe Fratt released a new research note late Tuesday cutting the price target on the EV stock Canoo after the company...
View ArticleEV Stocks Plunge as Donald Trump Elected US President
Written by Cláudio Afonso | LinkedIn | X Electric vehicle stocks plummeted in Wednesday’s pre-market trading session following Donald Trump’s confirmed victory as the 47th U.S. president. Throughout...
View ArticleXPeng Unveils Humanoid Robot, Extended-Range System at AI Day Event
Written by Cláudio Afonso | LinkedIn | X China’s electric vehicle maker XPeng held Wednesday its 2024 AI Day in Guangzhou, unveiling its humanoid robot Iron, the extended-range system Kunpeng, among...
View ArticleCanoo Staff Say Oklahoma Facility Hasn’t Produced Any Vehicles in a Year,...
Written by Cláudio Afonso | LinkedIn | X In the past two weeks, Canoo has furloughed 30 workers at its Oklahoma factory, lost both its CFO and General Counsel, and faced accusations from employees over...
View ArticleEXCLUSIVE: Canoo Faces Lawsuit from Supplier Over Unpaid Work on USPS Vans
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Canoo is being sued by a supplier for breach of contract related to unpaid work on six electric delivery vans ordered by the U.S....
View ArticleCanoo to Report Q3 Earnings Results on November 13
Written by Cláudio Afonso | LinkedIn | X Canoo said on Thursday it will report its third quarter earnings results on November 13, after the market close, with the conference following at 5 p.m. Eastern...
View ArticleBryan Garnier Downgrades Nikola Stock, Cites ‘Challenging Way Forward’
Written by Cláudio Afonso | LinkedIn | X Bryan, Garnier & Co. analyst Paul Froment released a new research note on Thursday downgrading Nikola shares from Buy to Neutral, while setting a price...
View ArticleLucid Opens US Orders for Gravity SUV, Its Second Model
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors opened customer orders in the U.S. on Thursday for its second model, the Lucid Gravity, a few hours before reporting its...
View ArticleXPeng Receives 10,000 Firm Orders For Its New Flagship Sedan P7+
Written by Cláudio Afonso | LinkedIn | X China’s electric vehicle maker XPeng announced Thursday that it received 10,000 non-refundable orders just twelve minutes after officially launching its new...
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