Trump Team Eyes Federal Framework for Autonomous Vehicles, report
Written by Cláudio Afonso | LinkedIn | X As it continues to set up its team, the recently elected U.S. President Donald Trump that the Trump team is seeking policy leaders for the Department of...
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Nio to Open New Sales and Service Hub in Germany on November 28
Written by Cláudio Afonso | LinkedIn | X Electric vehicle (EV) maker Nio plans to open a new sales and service center, known as a Nio Hub, Germany, on November 28. The facility will be located at...
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Tesla Shares Jump as Trump Pushes for Autonomous Vehicle Framework
Written by Cláudio Afonso | LinkedIn | X Tesla shares soared more than 9% in pre-market trading on Monday, reaching $349.50, following a Bloomberg report on Sunday that President-elect Donald Trump’s...
View ArticleCanoo Teams Up with Northside to Expand Service Network in the UK
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Canoo announced on Monday that it is partnering with Northside, a provider of automotive service, maintenance, and repair, as part of...
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Lucid Motors CEO, Board Sued Over Alleged Misleading Production Claims
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors is facing a shareholder lawsuit that accuses CEO Peter Rawlinson and several current and former board members of misleading...
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Nio Maintains Target of Selling Vehicles in 25 Markets by 2025
Written by Cláudio Afonso | LinkedIn | X Nearly three years ago, Nio’s founder and CEO William Li said that the EV maker would “establish its presence in over 25 countries and regions worldwide.”...
View ArticleNikola Recalls 72 Recently Redelivered BEV Trucks
Written by Cláudio Afonso | LinkedIn | X Nikola shares hit a new all-time low on Monday, falling below $2 for the first time, after the electric truck maker announced a recall of 72 of its 2022-2023...
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Onvo’s Weekly Registrations Rebound to 1,020 Vehicles in China
Written by Cláudio Afonso | LinkedIn | X Nio’s sub-brand, Onvo, registered 1,020 vehicles in China between November 11 and 17, data from new energy vehicle (NEV) maker Li Auto showed on Tuesday. The...
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Li Auto Becomes First Chinese NEV Startup to Sell 1M Units, Led by L7 SUV
Written by Cláudio Afonso | LinkedIn | X China’s new energy vehicle (NEV) maker Li Auto announced on Tuesday that its cumulative sales have surpassed one million units with its SUV L7 as the top seller...
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XPeng Reports Q3 Record Revenue and Gross Margin, Expects Strong Q4
Written by Cláudio Afonso | LinkedIn | X XPeng, the Guangzhou-based electric vehicle (EV) maker, announced its third-quarter earnings results on Tuesday, reporting record revenue and gross margin as...
View ArticleRivian Appoints Stellantis Veteran as VP of Manufacturing Engineering
Written by Cláudio Afonso | LinkedIn | X Rivian’s Chief Operations Officer Javier Varela announced on Tuesday that the electric vehicle maker has hired Krishna Bandaru as its new Vice-President of...
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RBC Capital Turns Bearish on Lucid Despite Praising Cost Control
Written by Cláudio Afonso | LinkedIn | X RBC Capital Markets analyst Tom Narayan published a new research note on Tuesday, lowering the price target for electric vehicle maker Lucid Motors to $2.00...
View ArticleVinFast Starts Deliveries of 7-Seater VF9 in Canada
Written by Cláudio Afonso | LinkedIn | X Vietnamese carmaker VinFast announced on Tuesday the start of deliveries for its VF 9, a fully electric seven-seater SUV, in Canada. The model is now available...
View ArticleAtlanta Fire Rescue Adds Rivian R1T Trucks to Medical Emergencies Fleet
Written by Cláudio Afonso | LinkedIn | X The Atlanta Fire Rescue Department (AFRD) has deployed its first electric vehicles to respond to medical emergencies across the city. Speaking to local media...
View ArticleHow Xiaomi and Li Auto CEOs Went from Nio Investors to Competitors
Written by Cláudio Afonso | LinkedIn | X Ten years ago, in November 2014, William Li decided to invest his $150 million fortune to establish a new electric vehicle startup in China. At the time, Li was...
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Elon Musk Asks Jaguar If It Sells Cars After Controversial Rebranding
Written by Cláudio Afonso | LinkedIn | X Luxury carmaker Jaguar announced a major rebranding on Tuesday. As it nears its 90th anniversary, the British brand plans to transition its entire lineup to...
View ArticleStellantis Delays Ram EV Truck, Unveils New ‘Multi-Energy’ Platform
Written by Cláudio Afonso | LinkedIn | X Stellantis CEO Carlos Tavares announced Tuesday the European Group is delaying the launch of the fully electric Ram pickup truck. The model is now expected to...
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Nio Reports Wider Losses in Q3, Improved Vehicle and Gross Margins
Written by Cláudio Afonso | LinkedIn | X Nio reported Wednesday wider losses for the third quarter of the year while vehicle margins and gross margins improved. The company’s gross margin increased...
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Nio Expects to Deliver Between 51k and 54k EVs in November plus December
Written by Cláudio Afonso | LinkedIn | X Nio reported its third-quarter earnings on Wednesday, falling short of analysts’ consensus estimates for both revenue and earnings per share (EPS). Revenue came...
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XPeng to Launch ‘At Least 4 New Models’ in 2025, CEO Says
Written by Cláudio Afonso | LinkedIn | X XPeng reported on Tuesday its third-quarter earnings results posting a record gross margin of 15.3% while the vehicle margin also increased to 8.6%. The net...
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