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RF Lafferty Upgrades Lucid Shares to Buy, Sees 81% Upside Potential
Written by Cláudio Afonso | LinkedIn | X R.F. Lafferty upgraded on Monday Lucid shares from Hold to Buy while setting a price target of $4 following the electric vehicle maker’s third-quarter earnings...
View ArticleGogoro Announces Expansion of Battery-Swapping Scooters to Chile
Written by Cláudio Afonso | LinkedIn | X Taiwan-based electric scooter company Gogoro announced Monday that it is expanding its battery-swapping electric scooters to Chile in partnership with the local...
View ArticleNio Power Unit Increases Registered Capital Following $1.5 Billion Investment
Written by Cláudio Afonso | LinkedIn | X Nio Energy Investment (Hubei) Co., Ltd., also known as Nio Power and a subsidiary of Chinese electric vehicle maker Nio, said on Monday it has increased its...
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Nio’s Sub-Brand Onvo Sees Weekly Registrations Drop 37% to 820 Vehicles
Written by Cláudio Afonso | LinkedIn | X Onvo, the sub-brand of Chinese electric vehicle maker Nio, registered 820 units from November 4 to 10, marking a 37% decrease from 1,300 units in the prior...
View ArticleDeutsche Bank Reiterates Tesla’s Price Target Following ‘Surprising’ Rally
Written by Cláudio Afonso | LinkedIn | X Tesla’s stock has jumped nearly 40% in the week following Donald Trump’s U.S. presidential election victory, a rally that “has surprised Deutsche Bank (and many...
View ArticleEVgo Revenue Nearly Doubles in Q3 as Total Energy Provided Jumps 111%
Written by Cláudio Afonso | LinkedIn | X EVgo reported Tuesday its third-quarter earnings results, posting a 92% revenue surge as it added more than 147,000 new customer accounts between July and...
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China’s Weekly NEV Registrations: Tesla 17.3k, BYD 85.9k, Zeekr 5.7k, Xpeng...
Written by Cláudio Afonso | LinkedIn | X China’s insurance registration data for the week of November 4 to 10, released on Tuesday, showed BYD registering 85,900 new energy vehicles (NEVs), marking an...
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Exclusive: UK Royal Mail Pilots Canoo Delivery Vans
Written by Cláudio Afonso | LinkedIn | X Royal Mail, the UK’s largest electric fleet operator with 5,000 electric vans, has begun piloting electric delivery vehicles from Canoo, the Texas-based EV...
View ArticleXPeng AeroHT Conducts Historic First Manned Flight of Its Flying Car
Written by Cláudio Afonso | LinkedIn | X AeroHT, a subsidiary of Chinese electric vehicle maker XPeng, executed the world’s first public flight of its modular flying car, the “Land Carrier,” at the...
View ArticleRivian and VW Group Officially Launch JV, Expand Deal Size to $5.8 Billion
Written by Cláudio Afonso | LinkedIn | X Rivian and Volkswagen Group announced Tuesday the next step of its partnership revealed last July. Named Rivian and Volkswagen Group Technologies, the joint...
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Geode Capital Increases Stake in Canoo by 25% in Q3
Written by Cláudio Afonso | LinkedIn | X Geode Capital Management has increased its stake in electric vehicle startup Canoo over the past three quarters, a new filing showed. Despite surging more than...
View ArticleMullen EV Cargo Vans Join Turo’s Rental Platform
Written by Cláudio Afonso | LinkedIn | X Shares of the electric vehicle startup Mullen Automotive rose 74% on Tuesday after the company announced its fully electric cargo van Mullen One is available...
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Fidelity Subsidiary Nearly Exits Nio, Sells 7.4 Million Shares in Q3
Written by Cláudio Afonso | LinkedIn | X Geode Capital Management has nearly exited its position in electric vehicle maker Nio, four and a half years after first investing in the company. According to...
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XPeng Begins Deliveries of P7+ Sedan in China
Written by Cláudio Afonso | LinkedIn | X Four days after having officially launched its new flagship sedan P7+, the electric vehicle maker XPeng has begun deliveries across China. The company received...
View ArticleLucid Rolls Out New Software Update: Here’s What it Includes
Written by Cláudio Afonso | LinkedIn | X Luxury electric vehicle maker Lucid Motors has started rolling out a new software improving its driver assistance — especially for Canada-based customers —...
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Nio CEO Responds to Critics, Admits ‘Many Areas’ Need Improvement
Written by Cláudio Afonso | LinkedIn | X William Li, founder and CEO of electric vehicle maker Nio, admitted on Wednesday that there are “many areas” where the company needs to improve in response to a...
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Nikola Produces 65 Hydrogen Trucks in First Half of Fourth Quarter
Written by Cláudio Afonso | LinkedIn | X Nikola said on Wednesday it has produced its 300th hydrogen-powered truck at its Coolidge, Arizona, manufacturing plant. The EV startup, which produces...
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Canoo Reports $900,000 Revenue for Third Quarter, Net Loss of $43 Million
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Canoo reported on Wednesday its third quarter earnings results, posting $900,000 of revenue, an increase from the $605,000 posted in the...
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Canoo CEO Says Executive Team is “Willing to Take Short-Term Pay Cuts”
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Canoo published its third-quarter earnings results on Wednesday, reporting cash and cash equivalents of $1.53 million, down 82% from the...
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Geely Brand Zeekr to Acquire Majority Stake in Lynk & Co
Written by Cláudio Afonso | LinkedIn | X Zeekr, the premium electric car brand of the China giant Geely Holding Group, announced Thursday it plans to take a 51% controlling stake in Lynk & Co as...
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