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Nio to Start ET9 Deliveries in March 2025, CEO Says
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio reported its third-quarter financial results on Wednesday, announcing that it achieved positive free cash flow. Both gross margins...
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Nio “Very Confident” About Doubling Sales in 2025, CEO Hints at 442k+ EVs
Written by Cláudio Afonso | LinkedIn | X Shanghai-headquartered EV maker Nio reported its third-quarter financial results on Wednesday, with management forecasting a sales record for the final quarter...
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Ford to Cut 4,000 Jobs in Europe Over the Next 3 Years
Written by Cláudio Afonso | LinkedIn | X Ford Motor Co. said on Wednesday it plans to cut 4,000 jobs in Europe over the next three years, primarily in Germany and the UK, as it addresses weak EV...
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Exclusive: Lucid to Start Gravity Deliveries in 2025
Written by Cláudio Afonso | LinkedIn | X Premium EV maker Lucid Motors will start deliveries of its second model, the Lucid Gravity, next year. Despite an official date is not yet communicated, sources...
View ArticleNikola Explores Sourcing Alternatives Amid Possible Trump Tariffs
Written by Cláudio Afonso | LinkedIn | X EV truck maker Nikola is considering “all alternatives” for sourcing components amid concerns over potential tariffs under the incoming Trump administration,...
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Macquarie Downgrades Nio Over Orders Loss, Weak Q4 Revenue Guidance
Written by Cláudio Afonso | LinkedIn | X With some local electric vehicle subsidies set to expire at the end of the year, consumers are rushing to secure delivery of their new car in China,...
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Lucid Counters Jaguar’s EV Teaser With Sapphire, Says It ‘Compromises Nothing’
Written by Cláudio Afonso | LinkedIn | X Jaguar’s rebranding campaign has generated a lot of controversy over the last 24 hours. The British luxury carmaker deleted all the posts across the social...
View ArticleVW Workers Propose Pay Cuts to Prevent Plant Closures
Written by Cláudio Afonso | LinkedIn | X Workers’ representatives at the German car giant Volkswagen Group have urged for an agreement before Christmas, as Europe’s largest carmaker warns of the...
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China’s Ministry of Commerce Accelerates 2025 Car Trade-In Policy
Written by Cláudio Afonso | LinkedIn | X China’s Ministry of Commerce plans to finalize its 2025 car trade-in follow-up policy in advance to stabilize market expectations and facilitate used vehicle...
View ArticleMercedes-Benz to Slash Costs by Billions Over the Next Years, report
Written by Cláudio Afonso | LinkedIn | X Mercedes-Benz plans to cut costs by several billion euros annually in the coming years, the German media outlet Handelsblatt reported on Thursday citing a...
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Nio to Open First Battery Swap Station in Belgium in December
Written by Cláudio Afonso | LinkedIn | X [Update: Nio has contacted EV clarifying that the station has not yet opened despite the customer’s post. Today was a photoshoot day, and the station is...
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Canoo Shares Fall as EV Maker Seeks Approval for Another Reverse Stock Split
Written by Cláudio Afonso | LinkedIn | X Shares of the EV startup Canoo are falling 5% on Thursday’s session to $0.45, 20% above the new all-time low reached earlier this month. In less than 24 hours,...
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Lucid Appoints New Legal Chief After Matthew Everitt’s Departure
Written by Cláudio Afonso | LinkedIn | X Lucid Motors has appointed Brian K. Tomkiel as its new General Counsel, Corporate Secretary, and Compliance Officer, effective October 28, following the...
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Nio Executive Denies Rumors of Joint Venture with BYD
Written by Cláudio Afonso | LinkedIn | X Nio’s Associate Vice President for Brand and Communications, Ma Lin, denied on Friday the rumors that have been circulating on Chinese social media regarding...
View ArticleTesla Offers 3 Months of Free FSD and Supercharging for Year-End Deliveries
Written by Cláudio Afonso | LinkedIn | X Tesla announced on Friday it is offering three months of Full Self-Driving (Supervised) and free Supercharging for customers who take delivery of a new Model S,...
View ArticleNio Reaches 100,000 Battery Swaps in Europe Since 2022 Launch
Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle (EV) maker Nio provided the 100,000th battery swap in Europe on Friday, approximately 20 months (607 days) after opening the first...
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Canoo Reschedules Shareholders Meeting Due to Insufficient Votes
Written by Cláudio Afonso | LinkedIn | X EV struggling startup Canoo said on Friday it announced it had adjourned its Annual Meeting of Stockholders to provide shareholders additional time to vote on...
View ArticleRivian to Integrate Google Cast, YouTube in Upcoming Software Update
Written by Cláudio Afonso | LinkedIn | X Rivian is preparing to integrate Google Cast in its next update, the company’s Chief Software Officer Wassym Bensaid revealed in an event held at Rivian’s...
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Lucid Makes Progress with ‘Lucid Ocean’ Trademark
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors has made progress in its trademark application for “Lucid Ocean,” with the U.S. Patent and Trademark Office (USPTO) issuing...
View ArticleNio Takes Legal Action Against Rumors of BYD Joint Venture
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio announced Saturday on Weibo that it is pursuing legal action against “multiple online accounts” for spreading false information...
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