Li Auto CEO Says Autonomous Driving Tech Should Be Prioritized Over Robots
Written by Akimoto Yukiko At the “2024 Li Auto AI Talk” series, the chief executive of the carmaker Li Auto, Li Xiang, said that cars will evolve from tools for transportation into AI-powered robots....
View ArticleOnvo to Launch Largest Software Update, Introducing 20 New Features
Written by Cláudio Afonso | LinkedIn | X Onvo, Nio’s first sub-brand unveiled in May, will start Saturday rolling out its largest software update. The 1.1.0 update of the ‘Coconut’ operating system...
View ArticleNio Expects Firefly Brand to Deliver 50,000 Units in 2025, Goldman Sachs Says
Written by Cláudio Afonso | LinkedIn | X Goldman Sachs analyst Tina Hou reiterated a Sell rating and a HK$30.00 price target on the Hong Kong-listed shares of Chinese electric vehicle maker Nio in a...
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Canoo Auctions Manufacturing Equipment After Factory Idle
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Canoo is auctioning engineering and manufacturing equipment from its EV and battery facilities in Oklahoma. Following the recent three...
View ArticleNio Opens First Showroom in Dubai, Second in the UAE
Written by Cláudio Afonso | LinkedIn | X In late November, electric carmaker Nio opened its first showroom in the United Arab Emirates (UAE) shortly after starting vehicle deliveries in the country....
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Wall Street Analysts Expect Tesla to Deliver 506,800 Vehicles in Q4
Written by Cláudio Afonso | LinkedIn | X Analysts estimate Tesla will deliver 506,763 vehicles in the fourth quarter, according to consensus data. The company’s Head of Investor Relations Travis...
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MKBHD Sells Tesla Cybertruck, Says ‘I Like the Rivian Better’
Written by Cláudio Afonso | LinkedIn | X Tech YouTuber Marques Brownlee, widely known as MKBHD, said on Sunday via Instagram that he has sold his Tesla Cybertruck. The post featured an image of the...
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Nio ET5 Touring Dominates Public Vote to Become 2024’s EV of the Year
Written by Cláudio Afonso | LinkedIn | X The Dutch platform ‘e-Drivers’ shared on Monday the winners of the 2024 ‘Electric Car of the Year’ with Nio seeing two of its models among the winners. The EV...
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Lucid Partners with Major Saudi Car Rental Firm
Written by Cláudio Afonso | LinkedIn | X Electric carmaker Lucid Motors is expanding its presence in the Middle East, a region playing an increasingly significant role in the company’s revenue. In the...
View ArticleLucid Starts Gravity Deliveries to Employees, Customer Deliveries to Follow
Written by Cláudio Afonso | LinkedIn | X Just before the year’s end, electric vehicle maker Lucid Motors began delivering its second model, the Gravity SUV, to employees, friends, and families last...
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Nio Hits Weekly Sales Record in China for the Second Time in a Row
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio achieved a new weekly high for insured units in China for the second consecutive week, with 10,700 vehicles registered between...
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XPeng Surpasses 10,000 Weekly Vehicle Registrations for the First Time
Written by Cláudio Afonso | LinkedIn | X XPeng recorded 10,100 vehicle registrations between December 23 and 29, marking the first time the electric vehicle manufacturer has exceeded the 10,000...
View ArticleStifel Slashes Canoo’s Price Target by 89% After Factory Shutdown
Written by Cláudio Afonso | LinkedIn | X Stifel analyst Stephen Gengaro downgraded the firm’s rating on Canoo shares from “Buy” to “Hold” and slashed the price target by 89%, from $4.50 to $0.50....
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Zeekr Opens First Showroom in Brazil as Global Expansion Continues
Written by Akimoto Yukiko | Edited by Cláudio Afonso Zeekr, the premium electric vehicle brand under Geely Holding Group, has opened its first store in Brazil after having expanded to the South...
View ArticleFaraday Future Shares Surge 250% in 5 Days Despite Bankruptcy Concerns
Written by Cláudio Afonso | LinkedIn | X Shares of electric vehicle maker Faraday Future had a tumultuous 2024, marked by dramatic stock surges (quickly followed by sharp declines) and two reverse...
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Xiaomi Closes 2024 with 135k Vehicles Delivered, Targets 300k for 2025
Written by Cláudio Afonso | LinkedIn | X Xiaomi CEO Lei Jun said Tuesday that the company delivered 135,000 electric vehicles in 2024 while revealing that 300,000 is the sales goal for the Chinese...
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Nio’s VP of Design Explains Firefly Model and Honda E Comparisons
Written by Cláudio Afonso | LinkedIn | X Over the past ten years, New York designer Kris Tomasson has been translating Nio’s ideas onto paper. His work began with the brand’s logo and the rebranding...
View ArticleNio Opens 254 Battery Swap Stations in December as Production Ramps Up
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio closed out 2024 by opening 63 new battery swap stations in China, bringing its total to 2,995—just five short of the 3,000 mark. In...
View ArticleNio Delivers 31,138 EVs in December, Including 10,528 From Its Onvo Brand
Written by Cláudio Afonso | LinkedIn | X Nio said Wednesday it delivered 31,138 electric vehicles in December, a new monthly record for the Shanghai-based carmaker. Deliveries included 20,610 units...
View ArticleXPeng Delivers 36,695 Vehicles in December, Q4 Exceeds Guidance
Written by Cláudio Afonso | LinkedIn | X Electric carmaker XPeng reported an 82% year-on-year increase in December deliveries, reaching 36,695 vehicles. After a slower-than-anticipated start to 2024,...
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