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Musk Says Bill Gates’ Tesla Short Position Could Lead to His Bankruptcy

Written by Cláudio Afonso | LinkedIn | X Elon Musk’s 2023 biography by Walter Isaacson revealed that Bill Gates, co-founder of Microsoft, has incurred a $1.5 billion loss over the past few years due...

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Onvo L60 Receives 5-Star Safety Rating in China

Written by Cláudio Afonso | LinkedIn | X L60, the debut model of Nio’s sub-brand Onvo, became on Friday the first battery electric vehicle (BEV) to achieve a 5-star safety rating under the new 2024...

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How Nio’s New EV Brand ‘Firefly’ Will Differ from Onvo

Written by Cláudio Afonso | LinkedIn | X Nio’s second sub-brand, Firefly, will launch with a single model featuring slight variations depending on the region of sale, Chinese media outlet ITHome...

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Canoo Executive Confirms Major Staff Furlough

Written by Cláudio Afonso | LinkedIn | X As reported by EV on Wednesday, Canoo has started another round of staff reduction this week. In early November, the company had furloughed 30 factory workers...

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Canoo Board Member Resigns as EV Maker Warns of Potential Insolvency

Written by Cláudio Afonso | LinkedIn | X Canoo’s independent director, James C. Chen, resigned earlier this week, with his resignation set to take effect by the end of the month, the company disclosed...

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Tesla Cybertruck Can Now Achieve 325kW Charging on Some V4 Superchargers

Written by Cláudio Afonso | LinkedIn | X Tesla’s Cybertruck can now charge at up to 325 kW on select V4 Supercharger posts, the company announced on X. The V4 Supercharger post is capable of providing...

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Nio Sues Three Individuals Over BYD Acquisition Rumor

Written by Cláudio Afonso | LinkedIn | X Nio has filed lawsuits against individuals accused of creating and spreading false rumors about the automaker, the company announced on Saturday. The rumors,...

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Google CEO Says Tesla Leads AVs, While ‘His’ Waymo Follows

Written by Cláudio Afonso | LinkedIn | X Google CEO Sundar Pichai described Tesla as a leader in the autonomous vehicle sector, positioning it alongside Waymo, during his appearance at the New York...

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Lucid Buys Nio, Xiaomi, Zeekr Vehicles to Reverse Engineer Chinese Rivals

Written by Cláudio Afonso | LinkedIn | X A few months after Ford CEO Jim Farley praised China-based automakers, including the world’s largest NEV maker BYD and newcomer tech giant Xiaomi, U.S. EV...

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Zeekr Adds 7X SUV to European Lineup, Deliveries to Start in Mid 2025

Written by Cláudio Afonso | LinkedIn | X After having expanded to Europe with the 001 and the X models, Zeekr announced Monday it is introducing the five-seater SUV 7X in its European markets. The...

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Tesla Pushes Model Y Standard Range Deliveries in France to May 2025

Written by Cláudio Afonso | LinkedIn | X Tesla has extended the estimated delivery time for the Model Y Standard Range in France to May 2025, according to its local website. In contrast, immediate...

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Wedbush Raises Tesla’s Price Target to $515, 2025 Bull Case to $650

Written by Cláudio Afonso | LinkedIn | X Wedbush analyst Daniel Ives, in a research note published on Sunday, said that Tesla could achieve a $2 trillion market cap by the end of next year. Ives...

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Shaquille O’Neal Turns Lucid Air Into a Unique Two-Door Coupe [Video]

Written by Cláudio Afonso | LinkedIn | X Shaquille O’Neal announced Sunday that he’s added a Lucid Air to his car collection but with a twist. In a social media post, O’Neal shared his new fully...

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Nio Introduces Major Discounts in Germany, ET5 Starts Now Below €50,000

Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio announced Monday it is bringing major year-end incentives in Germany, Europe’s largest automotive market. After having extended in...

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Canoo’s Market Cap Drop to $11 Million as Shares Hit Record Low

Written by Cláudio Afonso | LinkedIn | X Shares of struggling EV startup Canoo hit a new record low early Monday at $0.114 per share, after the company announced that James C. Chen, a former Tesla and...

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Nio’s Brand Onvo Registers 1,700 EVs in China in Second Week of December

Written by Cláudio Afonso | LinkedIn | X Nio’s sub-brand Onvo registered 1,700 units of its debut model, the L60, in China between December 9 and 15, marking its second-best weekly performance since...

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Porsche to Cut 30% of Workforce in China as Sales Slump

Written by Cláudio Afonso | LinkedIn | X Porsche plans to lay off 30% of its workforce in China, following reports that the cuts will impact both regular employees and outsourced staff, Chinese media...

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Nio Prepares to Adopt Apple’s Digital Car Key Feature

Written by Cláudio Afonso | LinkedIn | X Shanghai-headquartered EV maker Nio is set to support Apple’s digital car key functionality, which allows iPhone and Apple Watch users to unlock, lock, and...

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Tesla Surpasses 2023 China Sales After Recording 18,500 EVs in One Week

Written by Cláudio Afonso | LinkedIn | X Tesla registered 18,500 vehicles in China during the week of December 9-15, marking its third-highest weekly result this quarter, according to data shared by...

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Polestar Names Jonas Engström its New Chief Operations Officer

Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Polestar announced Tuesday it has appointed Jonas Engström as its new chief operating officer (COO). The executive replaces Dennis...

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