Clik here to view.
Nio’s Co-Founder Addresses Shareholders, Reaffirms Profitability Target
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio reported higher revenue and gross margin for the third quarter of the year, enabling the company to achieve positive operating cash...
View ArticleClik here to view.
Tesla Exec Announces Reduced Payment Cycle in China Beating BYD, Nio and XPeng
Written by Cláudio Afonso | LinkedIn | X Tesla’s vice president of Government Affairs and PR for the Chinese market, Grace Tao-Lin, announced Thursday via the Chinese social media platform Weibo that...
View ArticleClik here to view.
Tesla VP Teases Major FSD Upgrade with Upcoming V13
Written by Cláudio Afonso | LinkedIn | X Tesla’s Vice President of AI Software, Ashok Elluswamy, hinted Thursday at a significant update to the company’s Full Self-Driving (FSD) technology as the...
View ArticleClik here to view.
XPeng Produces 10,000 Units of New Sedan P7+ in First 20 Days
Written by Cláudio Afonso | LinkedIn | X After having had production ramp-up issues with previous models, the Guangzhou-based carmaker XPeng announced Thursday it produced ten thousand units of its...
View ArticleNio Opens First Showroom in Abu Dhabi Amid Expansion to MENA Region
Written by Cláudio Afonso | LinkedIn | X Nio opened on Thursday its first showroom in UAE’s capital Abu Dhabi as it accelerates the global expansion hoping to be present in 25 countries by the end of...
View ArticleClik here to view.
Canoo Shares Hit Record Low As it Seeks Second Reverse Stock Split in 2024
Written by Cláudio Afonso | LinkedIn | X Shares of Canoo hit a new record low on Thursday at $0.35 as the company seeks approval for the second reverse stock split in less than a year. As of November...
View ArticleNio to Open First Battery Swap Station in UAE by The Year End
Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle (EV) maker Nio said on Thursday it plans to have its first battery swap station in the Middle East and North Africa (MENA) region...
View ArticlePolestar 3 Awarded Scottish Car of the Year in Executive Premium Category
Written by Cláudio Afonso | LinkedIn | X The Polestar 3 SUV, the second battery-electric model from the Geely-backed brand, was awarded Scottish Car of the Year in the Executive Premium category, the...
View ArticleClik here to view.
Li Auto Launches 3-Year Zero-Interest Financing to Boost Q4 Deliveries
Written by Cláudio Afonso | LinkedIn | X China’s new energy vehicle (NEV) maker Li Auto has launched a limited-time promotion offering three-year zero-interest financing across its entire model...
View ArticleVW Employees to Begin Strikes Across German Plants Next Week
Written by Cláudio Afonso | LinkedIn | X Employees of the Volkswagen Group are gearing up for warning strikes as the peace obligation tied to wage negotiations ends at midnight on Saturday, according...
View ArticleClik here to view.
Onvo President Says No One Accepted Bet, Reaffirms 10K Goal for December
Written by Cláudio Afonso | LinkedIn | X Alan Ai Tiecheng, the president of Nio’s sub-brand Onvo, challenged anyone on Thursday who doubted the brand would deliver 10,000 units of the Onvo L60 SUV in...
View ArticleClik here to view.
DBS Bank Trims Bullish Price Target on Nio, Still Sees 71% Upside Potential
Written by Cláudio Afonso | LinkedIn | X A few days after Goldman Sachs analyst Tina Hou downgraded the firm’s rating on the EV maker Nio, Singapore’s leading consumer bank DBS maintained the Buy...
View ArticleCanoo CEO Expects Next 4-6 Months To Be ‘Very Tough’
Written by Cláudio Afonso | LinkedIn | X Tony Aquila, the chief executive of the struggling EV company Canoo, reaffirmed the company’s goal of “move up production” next year despite admitting that the...
View ArticleClik here to view.
Onvo to Double Compatible Battery Swap Stations Between January and April 2025
Written by Cláudio Afonso | LinkedIn | X Nio’s sub-brand, Onvo, announced on its official app in China on Saturday that it aims to establish over 1,000 compatible battery swap stations by the end of...
View ArticleHuawei to Launch New Premium NEV Brand with GAC Group
Written by Cláudio Afonso | LinkedIn | X China’s GAC Group and the tech giant Huawei on Saturday extended their partnership in smart vehicle technology, and aim now to launch a new premium electric...
View ArticleJPMorgan Drops Lawsuit Against Tesla Over Elon Musk’s 2021 Tweet
Written by Cláudio Afonso | LinkedIn | X JPMorgan Chase & Co. has decided to end its three-year legal battle against Tesla Inc., dropping a lawsuit that sought $162 million in connection with...
View ArticleClik here to view.
Nio Delivers 20,575 EVs in November, Including 5,082 from Onvo
Written by Cláudio Afonso | LinkedIn | X Nio announced Sunday that it delivered 20,575 vehicles in November, including 5,085 units of its mass-market sub-brand Onvo. The figures showed an increase of...
View ArticleClik here to view.
XPeng Records Over 30,000 Deliveries in November
Written by Cláudio Afonso | LinkedIn | X XPeng said on Sunday it delivered 30,895 electric vehicles in November, surpassing the 30,000 mark for the first time and achieving a record for the third...
View ArticleClik here to view.
Zeekr Reaches New Record with 27,011 EVs Delivered in November
Written by Cláudio Afonso | LinkedIn | X Geely’s premium electric vehicle brand Zeekr reported on Sunday it delivered 27,011 vehicles in November, more than double the figure from a year ago and a new...
View ArticleClik here to view.
Onvo Says It Will Double Vehicle Deliveries from November to December
Written by Cláudio Afonso | LinkedIn | X Nio sub-brand Onvo delivered 5,082 electric vehicles in November, the company said on Sunday, as production ramps up at its facility in Hefei, located in...
View Article