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Nikola Explores Sale, Partnerships, and Fundraising to Avoid Bankruptcy
Written by Cláudio Afonso | LinkedIn | X Nikola is exploring various options, including the possibility of a sale, forming partnerships, or raising additional capital, as the electric truck maker...
View ArticleXiaomi To Fix Software on 31,000 Vehicles Over Smart Parking Issue
Written by Cláudio Afonso | LinkedIn | X Tech giant and EV maker Xiaomi said on Friday it is releasing a new over the air software update on 30,931 SU7 sedans to address a potential defect in its...
View ArticleNio Finishes ET9 Winter Tests Ahead of First Deliveries, Exec Says
Written by Cláudio Afonso | LinkedIn | X Nio has completed final winter testing for its most luxurious and expensive model to date, the ET9, as it prepares to begin deliveries — the company’s...
View ArticleTesla Launches New Model Y in US, Europe and Canada With Deliveries Set for...
Written by Cláudio Afonso | LinkedIn | X Two weeks after debuting its refreshed Model Y in China, Tesla is bringing the redesigned version of the world’s best-selling car to the United States, Europe,...
View ArticleChina Announces Three-Year Pilot Program for Auto Market Reforms
Written by Cláudio Afonso | LinkedIn | X China’s Ministry of Commerce said on Friday it will roll out pilot reforms from 2025 to 2027 to promote automobile consumption and circulation as part of...
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Nikola’s Canada Head Exits in Latest Round of Trouble
Written by Cláudio Afonso | LinkedIn | X Nikola’s chief for the Canadian market said late Thursday he has left the company after spending four years at the EV maker. Earlier in the day, multiple...
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Wedbush Predicted Last Year Canoo Stock Would Soar 1,800%—It’s Down 99% Since
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Canoo, which filed for bankruptcy and ceased operations last week, disclosed in its filings that it owes $1.1 million to the...
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Tesla Begins European Production of New Model Y at Giga Berlin
Written by Cláudio Afonso | LinkedIn | X Tesla has begun producing the refreshed Model Y at its European plant in Germany, marking the start of the production ramp-up for the world’s current...
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Onvo Promises to Add 100+ Batteries to Nio Swap Stations Until Chinese New Year
Written by Cláudio Afonso | LinkedIn | X As the Lunar New Year approaches and millions of Chinese travel to their hometowns for family reunions, EV maker Onvo promises to accelerate the deployment of...
View ArticleFaraday Future’s Founder Says Canoo’s Bankruptcy ‘Seemed Inevitable From the...
Written by Cláudio Afonso | LinkedIn | X Texas-based electric vehicle startup Canoo filed for Chapter 7 bankruptcy and ceased operations last Friday seeing its shares plunging to just 25 cents on the...
View ArticleTesla Shows Behind the Scenes of First GigaBerlin-Made Model Y [Video]
Written by Cláudio Afonso | LinkedIn | X Tesla shared a video on Sunday showing behind-the-scenes footage of the very first refreshed Model Y produced at its Giga Berlin factory in Germany. As...
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Nio Alleges ‘Large-Scale Malicious Attacks’ Targeting Its Brands on Social Media
Written by Cláudio Afonso | LinkedIn | X The legal department of the EV maker Nio released a statement on Sunday claiming that ‘a new wave of organized and large-scale malicious attacks’ has appeared...
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Nio’s Firefly EV Spotted in Sweden As it Prepares for European Launch
Written by Cláudio Afonso | LinkedIn | X Two vehicles from Nio’s sub-brand Firefly were spotted in Sweden, partially covered in camouflage tape, according to an image shared on the social media...
View ArticleTesla Starts Testing Full Self Driving Technology in China: report
Written by Cláudio Afonso | LinkedIn | X Tesla has started to test its full self driving (FSD) software in China as it looks to expand its advanced software to both Europe and the Asian regions. Last...
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Nio Helps Draft First EV Battery Swapping Standards in Germany
Written by Cláudio Afonso | LinkedIn | X EV maker Nio said on Monday it has helped develop a draft German standard for battery swapping systems for electric vehicles. Since entering the German market...
View ArticleUS Vehicle Sales Expected to Grow 4.8% in January, J.D. Power Says
Written by Cláudio Afonso | LinkedIn | X U.S. vehicle retail sales for January are expected to increase 4.8% from a year ago, consulting firm J.D. Power said in a new report. For January, typically...
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Nikola Loses Another Two Executives Amid Bankruptcy Risk
Written by Cláudio Afonso | LinkedIn | X Electric truck maker Nikola has seen two more executives depart as it continues to delay reporting its fourth-quarter 2024 sales figures. The company has not...
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Nio’s Institutional Ownership Drops to Lowest Level Since 2019
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio, which celebrated its 10th anniversary in late 2024, listed its shares on the New York Stock Exchange in September 2018. At the...
View ArticleLucid Gravity to Gain Access to Tesla’s Supercharger Network on Jan. 31
Written by Cláudio Afonso | LinkedIn | X Electric carmaker Lucid Motors said on Tuesday that its newly launched SUV, the Lucid Gravity, will become the first non-Tesla vehicle to feature a NACS...
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General Motors Shares Plunge as Profit Falls 40.6% in 2024
Written by Cláudio Afonso | LinkedIn | X General Motors Co (GM) shares tumbled more than 10% in early Tuesday trading after the U.S. automaker reported a sharp decline in fourth-quarter net income,...
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