Nio’s Firefly to Arrive in Europe in H1 2025 Through Local Distributors
Written by Cláudio Afonso | LinkedIn | X Nio’s new EV brand Firefly will launch in Europe in the first half of next year. Opposite to Nio’s premium vehicles, the compact model will be sold via a...
View ArticleCanoo Tells Staff to Have ‘Enjoyable Holiday Season’ After Mandatory Unpaid...
Written by Cláudio Afonso | LinkedIn | X Financial problems at Canoo seem to not have an end. The move follows three prior rounds of 12-week furloughs that impacted a substantial portion of its...
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Onvo Adds New Battery Supplier Following BYD’s Disruption
Written by Cláudio Afonso | LinkedIn | X Twelve hours after Nio unveiled its luxury sedan ET9 and the Firefly brand at its annual event, founder and CEO William Li and co-founder and president Lihong...
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Deutsche Bank Expects Firefly to Sell Only 1.5k Units/Month Citing ‘Unique...
Written by Cláudio Afonso | LinkedIn | X Wall Street analysts are already releasing sales forecasts for Firefly, Nio’s compact EV subbrand, even though the official pricing details remain undisclosed....
View ArticleExclusive: Lucid to Adopt New Sales Model in Europe, Expand to Belgium
Written by Cláudio Afonso | LinkedIn | X Lucid Motors plans to adopt a dealership network business model in Europe while increasing the number of its showrooms. Additionally, the company is preparing...
View ArticleHyundai Offers EV Owners Free Adapters for Access to Tesla Superchargers
Written by Cláudio Afonso | LinkedIn | X Starting in the first quarter of next year, Hyundai will offer a free NACS adapter, including shipping, to current and new EV owners who purchase or lease...
View ArticleNio Reshuffles Autonomous Driving Team, Appoints New Leaders
Written by Cláudio Afonso | LinkedIn | X Nio is making a significant reshuffle within its smart driving research and development team, including leadership shifts in its delivery and “end-to-end”...
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Nio Hits Weekly Sales Record As Onvo Brand Eases Ramp-up Issues
Written by Cláudio Afonso | LinkedIn | X Electric carmaker Nio reached on Tuesday a new weekly record of insured units in China with 7,500 vehicles including 5,400 of its main Nio brand and 2,100...
View ArticleLucid’s Director of Retail Europe to Leave the EV Maker
Written by Cláudio Afonso | LinkedIn | X Lucid‘s Director of Retail Europe Hans Mulder has left the EV maker. The executive will join the Alliance Automotive Group Benelux (AAGB) in February next year...
View ArticleHere Are All Models XPeng Will Launch Next Year
Written by Akimoto Yukiko Guangzhou-headquartered carmaker XPeng is planning to launch three new models and four major facelifts next year, according to a leaked production plan shared by the...
View ArticleNio CEO on Battery Swapping: 2k New Stations in 2025, Firefly Strategy, and...
Written by Cláudio Afonso | LinkedIn | X In 2023, electric carmaker Nio built over 1,000 battery swap stations in China. A year ago, the company’s founder and CEO William Li had promised that the...
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Exclusive: Canoo’s Partner Halted Robots in October Over Non-Payment
Written by Cláudio Afonso | LinkedIn | X Two years ago, the EV startup Canoo announced that its order book had grown to “more than $2 billion,” claiming these orders were ready for production, which...
View ArticleNio Notifies Holders of $380 Million Convertible Notes of Repurchase Option
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio announced Thursday it has informed holders of its 0.50% Convertible Senior Notes due 2027 that they have the option to require the...
View ArticleS&P Global Expects China’s NEV Penetration to Reach 58% in 2025
Written by Cláudio Afonso | LinkedIn | X The momentum in China’s new energy vehicle (NEV) market will continue next year supported by trade-in schemes, car purchase incentives and government stimulus,...
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Nio Raises China Subsidiary’s Capital for Second Time This Year
Written by Cláudio Afonso | LinkedIn | X Nio’s China entity, Nio Holdings Ltd., has increased its registered capital from approximately 7.429 billion yuan to 7.857 billion yuan ($1.08 billion), a rise...
View ArticleNio Launches ET9 Signature Edition After $112k Variant Sells Out in 12 Hours
Written by Cláudio Afonso | LinkedIn | X Electric carmaker Nio announced Thursday it is introducing a new Signature edition for its recently unveiled luxurious sedan ET9. After selling all 999 units...
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Nikola Stock Reaches All Time Low as Future Remains Unclear
Written by Cláudio Afonso | LinkedIn | X Nikola shares hit a record low of $1.09 on Thursday, barely above Nasdaq’s $1 minimum listing requirement. With three trading days remaining in 2024, the...
View ArticleLucid Partners with Taqeem in the Middle East to Improve EV Repairs
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors said on Thursday it has partnered with the Saudi Authority for Accredited Valuers (TAQEEM) to enhance repair quality,...
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Onvo Says It Delivered 9,767 Vehicles So Far in December
Written by Cláudio Afonso | LinkedIn | X Nio’s second brand, Onvo, announced on Friday that cumulative deliveries of its debut model, the L60, have reached 20,000 units in under 100 days since...
View ArticleXPeng Claims a Mona M03 Rolls Off Production Line Every 72 Seconds
Written by Cláudio Afonso | LinkedIn | X Electric carmaker XPeng announced on Friday that it has produced 50,000 units of its record-breaking Mona M03 sedan. Just four months after beginning mass...
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