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Fisker Secures $3.5M in Gross Proceeds, Eyes Further Funding Up To $7.5 Million
Written by Cláudio Afonso | LinkedIn | X On Monday, Fisker announced in an 8k filing with the SEC, the completion of a deal to sell senior secured notes due 2025 to an existing institutional investor,...
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Fisker Announces Filing Delay as Its Auditor PWC Declines Re-Appointment
Written by Cláudio Afonso | LinkedIn | X Fisker stated in a new SEC filing on Monday after the market closing that it couldn’t complete its Quarterly Report on Form 10-Q for the first quarter by May...
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Faraday Future Shares Skyrocket 300% as the EV Startup Tries to Avoid Delisting
Written by Cláudio Afonso | LinkedIn | X The stock price of the US electric vehicle (EV) startup Faraday Future is soaring over 300 percent on Tuesday as the company faces the threat of delisting from...
View ArticlePlug Power Shares Surge on Conditional $1.66 Billion Loan Guarantee
Written by Cláudio Afonso | LinkedIn | X Shares of the hydrogen fuel cell manufacturer Plug Power surged more than 25 percent on Tuesday as the company announced that received a conditional commitment...
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Google Showcases Software Integration in a Rivian Model at its I/O Developer...
Written by Cláudio Afonso | LinkedIn | X At Google’s largest developer conference held on Tuesday, attendees were greeted with a sign proclaiming “Experience Google in the car,” placed alongside a...
View ArticleCanoo Reports Q1 Earnings as CEO Sets Sights on Step-Level Manufacturing
Written by Cláudio Afonso | LinkedIn | X The EV startup Canoo published on Tuesday its first-quarter earnings reporting an adjusted Net Loss Per Share of $1.13, a 34.6 percent improvement from $1.73...
View ArticleNio and Xpeng Stocks Rise Despite Major Increase in US Tariffs on EVs
Written by Cláudio Afonso | LinkedIn | X The shares of the Chinese EV makers Nio and Xpeng closed higher on Tuesday despite the confirmation of the huge increase in China-made energy goods including...
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Onvo To Open Pre-Orders for its First Model L60 at the Launch Event
Written by Cláudio Afonso | LinkedIn | X On Wednesday, as the world celebrates International Family Day, Nio is set to officially launch its subbrand Onvo, with a strong focus on families. The event...
View ArticleGermany, Sweden Leaders Critic US Tariffs on Chinese EVs
Written by Cláudio Afonso | LinkedIn | X On Tuesday, the US administration announced tariffs of 25 percent on steel and aluminum, 50 percent on semiconductors, 100 percent on electric vehicles, and 50...
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Nio Launches Subbrand Onvo, First Model L60 Starts at $30,500 in China
Written by Cláudio Afonso | LinkedIn | X On International Family Day, Nio officially unveiled its subbrand aimed at families. The subbrand is named Onvo and the pre-sale price of its first model, a...
View ArticleJP Morgan Raises Nio’s Price Target, Citing Positive Developments
Written by Cláudio Afonso | LinkedIn | X JP Morgan analyst Nick Lai upgraded the firm’s rating on Nio shares from Underweight to Neutral while raising the price target from $4.80 to $5.40. The analyst...
View ArticleRoth Capital Adjusts PT on Canoo Shares, Expects “Impressive” Deliveries
Written by Cláudio Afonso | LinkedIn | X Roth Capital/MKM analyst Craig Irwin lowered on Wednesday the price target on Canoo shares from $4.00 to $3.00 while maintaining a Neutral rating. The price...
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Rivian Partners with Google to Integrate YouTube and Google Cast
Written by Cláudio Afonso | LinkedIn | X The EV manufacturer Rivian confirmed on Wednesday that is partnering with Google on Google Cast and YouTube integration. Drivers will now have the capability to...
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Faraday Future Stock Skyrockets Over 1,800% in 3 Days
Written by Cláudio Afonso | LinkedIn | X Shares of Faraday Future, an electric vehicle startup fighting for survival, have been soaring over 1,750 percent over the last 3 days. On May 10, the stock...
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Morgan Stanley Reaffirms Bullish PT on Nio After “Cheaper Than Expected” Onvo...
Written by Cláudio Afonso | LinkedIn | X Morgan Stanley analyst Tim Hsiao released a new research note on Nio commenting on the launch of Onvo, the new subbrand of Nio. The firm has a price target of...
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Fisker Announces Arrival of Ocean Model to its First UK Dealer Partner
Written by Cláudio Afonso | LinkedIn | X The EV startup Fisker announced on Thursday the arrival of its Ocean EV model at its first dealer partner in the UK. As it continued the transition from direct...
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Faraday Future Stock Suspended After Soaring 5,240% in 4 Days
Written by Cláudio Afonso | LinkedIn | X Trading of Faraday Future stock was suspended multiple times on Thursday after surging over 200 percent during the session. One of the last trading halts...
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Faraday Future Announces Quarterly Report Delay Over Form 10-K Issue
Written by Cláudio Afonso | LinkedIn | X The EV startup Faraday Future said on Thursday after the market close that it is “unable to file its Quarterly Report” on Form 10-Q for the first quarter of the...
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China’s Tencent Holdings Reduces Nio Stake as It Sells 28.4 Million Shares
Written by Cláudio Afonso | LinkedIn | X The Chinese conglomerate, Tencent Holdings, submitted a form to the Securities and Exchange Commission (SEC) on Thursday, revealing the sale of 28,454,077...
View ArticleCiti Cuts Polestar’s Price Target Citing Delayed Financials and Soft Deliveries
Written by Cláudio Afonso | LinkedIn | X Citi analyst Itay Michaeli lowered on Thursday the firm’s price target on Polestar shares from $2.50 to $1.70 per share while maintaining a Neutral rating. In a...
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