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Canoo SPAC Merger Fraud Claims Rejected by Delaware Supreme Court
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Canoo and its SPAC sponsors secured a fresh legal victory on Monday as the Delaware Supreme Court upheld the dismissal of investor...
View ArticleHonda and Nissan to Discuss Merger, MoU to Be Signed ‘Soon’
Written by Cláudio Afonso | LinkedIn | X Japanese automakers Honda Motor and Nissan Motor will enter negotiations toward a merger aiming to fight competition from global rivals Tesla and Chinese...
View ArticleNio Starts Teasing New Sub-Brand ‘Firefly’ Ahead of the Launch on Dec. 21
Written by Cláudio Afonso and Akimoto Yukiko EV maker Nio started on Wednesday teasing its second sub-brand, Firefly. Seven months after unveiling the mass market family-oriented brand Onvo, the...
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Nikola to Open First Hydrogen Station in Northern California in January
Written by Cláudio Afonso | LinkedIn | X Hyla, the sub-brand of the hydrogen and battery electric truck maker Nikola, announced Wednesday that it will open its first station in Northern California...
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Huawei-Backed Aito Reaches 190,000 Sales of M7 SUV in 2024
Written by Akimoto Yukiko Chinese automaker Aito said on Wednesday that cumulative deliveries of its M7 SUV crossed 190,000 units this year. The Shenzhen-headquartered brand claimed in a social media...
View ArticleNio’s Brand Firefly to Have Exclusive Battery Swap Stations, Chief Says
Written by Akimoto Yukiko Daniel Jin, the president of Nio‘s new sub-brand Firefly, joined Nio in January 2022 to “create a brand-new platform for the global market.” After having spent over a decade...
View ArticleRAM Delays Launch of BEV Pickup Truck to Prioritize Extended Range Version
Written by Cláudio Afonso | LinkedIn | X Stellantis brand RAM said on Wednesday that it is delaying the launch of its fully electric pickup truck to 2026 as it prioritizes the extended-range variant...
View ArticleCanoo Shuts Down Factories, Announces Another Major Staff Furlough
Written by Cláudio Afonso | LinkedIn | X Struggling EV startup Canoo on Wednesday that it has furloughed another 82 employees, just one week after confirming the second temporary workforce reduction....
View ArticleLucid Establishes Middle East HQ in Saudi Arabia
Written by Cláudio Afonso | LinkedIn | X Lucid Motors, the electric vehicle (EV) startup backed by Saudi Arabia’s Public Investment Fund (PIF), has established its Middle East headquarters in Riyadh,...
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Tesla to Begin 2025 Model Y Production in January, 6-Seater in Q4
Written by Akimoto Yukiko The Tesla Shanghai factory is set to produce two upgraded versions of the Model Y. One is the refreshed Model Y, which is scheduled for mass production in January 2025, with...
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XPeng Files New Trademark for its Humanoid Robot
Written by Akimoto Yukiko Chinese carmaker XPeng continues to prepare for the launch of its humanoid robot — following Tesla’s steps. The company has secured a new design patent for its humanoid...
View ArticleExclusive: Canoo Payroll Includes Employees Tied to CEO’s AFV Firm, Source
Written by Cláudio Afonso | LinkedIn | X Tony Aquila became the chief executive officer (CEO) of the EV maker Canoo in April 2021. Three and a half years later, the startup is facing its toughest...
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Exclusive: Nio Denies Report on UK as Entry Market for Onvo Brand
Written by Cláudio Afonso | LinkedIn | X Electric vehicle (EV) maker Nio has denied reports suggesting that the UK will be the first European market for its sub-brand, Onvo. Automotive News Europe...
View ArticleCanoo: Oklahoma Commerce Department Admits Clawing Back Incentives
Written by Cláudio Afonso | LinkedIn | X After a third round of furloughs and a factory shutdown at EV startup Canoo, the Oklahoma State Department of Commerce warned it is taking steps to safeguard...
View ArticleTesla GigaShanghai Chief Joins Envision
Written by Akimoto Yukiko Tesla’s Vice President of Manufacturing and Director of the GigaShanghai plant, Song Gang, is moving to the renewable energy firm Envision after having resigned from Tesla....
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XPeng Becomes First Chinese EV Maker to Reach 10,000 Sales in Europe
Written by Cláudio Afonso and Akimoto Yukiko The Guangzhou-based carmaker Xpeng delivered on Friday its 10,000th vehicle in Europe, four years after having exported the first units to Europe. The...
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Last-Minute Images Reveal New Details of Firefly’s Debut Model [Video]
Written by Cláudio Afonso | LinkedIn | X Less than 24 hours before Nio’s annual event in Guangzhou, China, founder and CEO William Li led the final rehearsal for the largest ‘Nio Day’ ever organized...
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Nio Officially Launches ET9, Prices Start at $90,500 in China with BaaS
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio has entered the luxury segment with the launch of its flagship sedan, the Nio ET9. Initially unveiled in December 2023, the model...
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Nio Launches New Brand ‘Firefly,’ Opens Pre-Sales for $20,400 Compact EV
Written by Cláudio Afonso | LinkedIn | X After two and a half years of preparation, Nio founder and CEO William Li officially launched on Saturday the group’s third brand — Firefly. At Nio Day 2024,...
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Nio Sells Out $112,000 ET9 Limited Edition in Just 12 Hours
Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle maker Nio unveiled the ET9, a luxury sedan priced at 788,000 yuan ($107,900), during its annual event in Guangzhou on Saturday. The...
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