Faraday Future Stock Reaches a New 6-Month High as Surge Continues
Written by Cláudio Afonso | LinkedIn | X Shares of the electric vehicle startup Faraday Future surged to a new six-month peak on Friday, extending a multi-day rally of over 5,700 percent. Trading was...
View ArticleTopGear Says Fisker Ocean is “Arguably Better Built” Than Tesla Model Y
Written by Cláudio Afonso | LinkedIn | X In a new review of Fisker‘s inaugural production model, the SUV Ocean, TopGear’s Ollie Marriage affirmed on Friday that the car is “arguably better built,”...
View ArticleRivian Urges Pre-Order Customers to Buy R1S/R1T With Nearly 20% Discount
Written by Cláudio Afonso | LinkedIn | X The EV manufacturer Rivian is urging early pre-order holders to finalize their purchase of an R1 model by the end of September or risk forfeiting their...
View ArticleFisker Announces the Third Dealer Partner in Denmark
Written by Cláudio Afonso | LinkedIn | X On Friday, Fisker revealed the inclusion of Beka Auto, a dealer partnership situated in the Danish town of Sønderborg, into its network. The EV startup has been...
View ArticleFaraday Future to Release Q4 2023 Earnings: What Can Investors Expect?
Written by Cláudio Afonso | LinkedIn | X The California-based electric vehicle startup Faraday Future announced on Friday that will report its financial results from the last quarter of 2023 on May 28....
View ArticleRivian CFO Claire McDonough Sells Company Stock, Totaling Over $32k
Written by Cláudio Afonso | LinkedIn | X Claire McDonough, the CFO of the electric vehicle manufacturer Rivian, sold 3,210 shares according a Form 4 filing with the Securities and Exchange Commission...
View ArticleFisker’s Former Manufacturing Partner Magna in Talks With Chinese OEMs
Written by Cláudio Afonso | LinkedIn | X Magna Steyr, the automotive contract manufacturer, is actively exploring potential collaborations with Chinese OEMs to manufacture their vehicles in Europe....
View ArticlePolestar Gets Nasdaq Notice on Potential Delisting
Written by Cláudio Afonso | LinkedIn | X Geely’s electric vehicle manufacturer Polestar revealed on Friday that it received a deficiency notice from Nasdaq for not filing its annual report for the...
View ArticleXiaomi CEO and Executives Visit Nio, Reviewing Upcoming Rival Onvo L60
Written by Cláudio Afonso | LinkedIn | X Xiaomi CEO, Lei Jun, along with a team of top executives, paid a visit to Nio’s Shanghai headquarters on Monday, keen to get a firsthand look at Nio‘s latest...
View ArticleFisker Cuts Roadside Assistance for US Drivers Following European Precedent
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Fisker issued an email on Sunday to its U.S. customers, informing them of the discontinuation of the roadside assistance service. This...
View ArticleLi Auto Shares Fall Following Q1 Earnings Results
Written by Cláudio Afonso | LinkedIn | X Chinese automaker Li Auto reported its first quarter earnings results on Monday, projecting a delivery range of 105,000 to 110,000 vehicles for the second...
View ArticleCalSTRS Reduces Stake in Lucid by 32% After Selling 427,800 Shares
Written by Cláudio Afonso | LinkedIn | X The California State Teachers Retirement System (CalSTRS), one of the world’s largest pension plans, has reduced its stake in the EV startup Lucid Motors by 32...
View ArticlePolestar Shares Reach a New All Time Low as Pressure Increases
Written by Cláudio Afonso | LinkedIn | X Geely‘s electric vehicle manufacturer Polestar faces intense pressure amid weakening demand, with its stock hitting an all-time low. On Monday, shares dropped...
View ArticleGroup of Investors Urge Tesla Shareholders to Vote Against, SEC Filing
Written by Cláudio Afonso | LinkedIn | X In a new SEC filing this Monday, eight shareholders filed a form with the SEC urging the voting against Tesla CEO Elon Musk’s compensation plan and also on the...
View ArticleYellen Calls for EU-US Cooperation to Counter Surge in Chinese Green-Tech...
Written by Cláudio Afonso | LinkedIn | X U.S. Treasury Secretary Janet Yellen has called on the European Union to collaborate with the United States in addressing the surge of Chinese green-tech...
View ArticleNio CEO Says Subbrand Onvo Will Target Upcoming EV Models from Li Auto
Written by Cláudio Afonso | LinkedIn | X Nio’s Founder and CEO, William Li, anticipates direct competition between Nio‘s subbrand Onvo and Li Auto, a Chinese hybrid manufacturer set to launch its...
View ArticleNikola CEO Buys 1 Million Shares Ahead of Reverse Stock Split Voting
Written by Cláudio Afonso | LinkedIn | X The CEO of the U.S. automaker Nikola Steve Girsky bought on Monday 1 million shares of the company at $0.54 per share, a new SEC Filing shows. The move is...
View ArticleNikola Announces 100 Truck Order from AiLO Logistics
Written by Cláudio Afonso | LinkedIn | X Nikola announced on Tuesday that AiLO Logistics, a drayage carrier operating in the Ports of Los Angeles and Long Beach, has placed an order for 100 Nikola...
View ArticleXpeng Expects 19,600 and 22,600 Units Delivered in May and June Combined
Written by Cláudio Afonso | LinkedIn | X China’s electric vehicle manufacturer Xpeng published its first quarter earnings results on Tuesday reporting a 49.8 percent crash in total revenues quarter...
View ArticleMeme Stock Faraday Future Cools Down Ahead of Upcoming Earnings Report
Written by Cláudio Afonso | LinkedIn | X Faraday Future, an EV startup and one of the meme stocks, saw its shares cool down on Tuesday following a surge of more than 5,200 percent over the past six...
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