Lucid Motors Names New CFO After Former Finance Chief Joins Ford
Written by Cláudio Afonso | LinkedIn | X Lucid Motors said on Tuesday it has appointed Taoufiq Boussaid as its chief financial officer, effective February 25 — the same day when the company will be...
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Volvo Cars Takes Full Control of NOVO Energy After Buying Northvolt’s Stake
Written by Cláudio Afonso | LinkedIn | X Volvo Cars said on Wednesday it signed a purchase agreement with the Swedish battery maker Northvolt to acquire full ownership of their joint venture, Novo...
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Tesla’s Q4 Earnings Miss on Both EPS and Revenue
Written by Cláudio Afonso | LinkedIn | X Tesla on Wednesday reported third-quarter earnings of $0.73 per share, missing analysts’ estimates of $0.76. The company led by Elon Musk also missed the...
View ArticleTesla to Begin Paid Cybercab Rides in Austin This June, Musk Says
Written by Cláudio Afonso | LinkedIn | X Three months after unveiling its fully autonomous Cybercab and Robovan models, Tesla CEO Elon Musk said on Wednesday that the first unsupervised self-driving...
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Nikola Shares Hit New Low as Trevor Milton Continues Defense Against Fraud...
Written by Cláudio Afonso | LinkedIn | X Shares of EV maker Nikola hit a new record low of 76 cents on Wednesday, just hours after founder and former CEO Trevor Milton published another video...
View ArticleVW Postpones Profit Target as Cost Measures Face Board’s Skepticism: report
Written by Cláudio Afonso | LinkedIn | X Volkswagen’s core brand is pushing back its profitability target as doubts grow among some board members about whether recently agreed cost-cutting measures...
View ArticleNikola Sells Battery Production Equipment to EV Startup Mullen
Written by Cláudio Afonso | LinkedIn | X California-based EV startup Mullen Automotive said on Thursday it acquired a high-volume standard battery chemistry production line and an electro-dynamic...
View ArticleTesla Could Be Worth More Than Top Five Companies Combined, Musk Says
Written by Cláudio Afonso | LinkedIn | X Tesla reported its fourth-quarter earnings on Wednesday, and despite both earnings per share (EPS) and revenue falling short of Wall Street consensus, the...
View ArticleNio Completes Buyback of Convertible Notes Due 2027
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio announced on Friday that it has completed its previously planned buyback of its 0.50% Convertible Senior Notes due 2027. Investors...
View ArticleLucid Opens Orders for Gravity GT in Saudi Arabia, Prices Start at $130,000
Written by Cláudio Afonso | LinkedIn | X EV maker Lucid Motors has begun taking orders for the Grand Touring variant of its Gravity SUV in Saudi Arabia, with prices starting at SAR 487,715 ($130,035)....
View ArticleXPeng Expands to Ireland and Finland as European Push Continues
Written by Cláudio Afonso | LinkedIn | X EV maker XPeng has entered Ireland and Finland, further expanding its European footprint as it seeks to grow from 30 to 60 markets globally in 2025. XPeng...
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Nio Lists Used Cars in Danish Car Marketplace After Selling 5 Units in 2024
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio has begun selling used cars on the Danish car marketplace Bilbasen. Denmark is the smallest market for the Shanghai-based EV maker,...
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Nio’s Firefly Brand Says EV Model’s Interior Will Be Revealed ‘Soon’
Written by Cláudio Afonso | LinkedIn | X Firefly, the second sub-brand of the Shanghai-based EV maker Nio, has been officially launched in late December by the group’s founder and CEO William Li....
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Nio’s Main Brand Deliveries Fall 21% in January to 7,951 Vehicles
Written by Cláudio Afonso | LinkedIn | X Shanghai-based EV maker Nio delivered 13,863 electric vehicles in January, the company said on Saturday. Although the group’s deliveries rose 37.9%...
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Nio’s Sub-Brand Onvo Deliveries Drop 44% to 5,912 Vehicles in January
Written by Cláudio Afonso | LinkedIn | X Nio’s mass-market sub-brand Onvo delivered 5,912 units of its debut model, the L60, in January, the company said on Saturday, falling well short of its earlier...
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XPeng Delivers 30,350 Vehicles in January, Up 268% Year-on-Year
Written by Cláudio Afonso | LinkedIn | X Guangzhou-based carmaker maker XPeng said on Saturday it delivered 30,350 vehicles in January — a 268% increase from the same month last year. Over the last...
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Zeekr’s January Deliveries Drop 5% Year over Year to 11,942
Written by Cláudio Afonso | LinkedIn | X Zeekr, a Chinese brand from the giant Geely Holding Group, said on Saturday its deliveries dropped 5% in January to 11,942 units. In December, often the best...
View ArticleBYD Sells 296,500 NEVs in January, Overseas Deliveries Hit Record High
Written by Cláudio Afonso | LinkedIn | X BYD said on Sunday it sold 300,538 vehicles in January, marking a 47.5% increase from a year earlier. Of these, 296,446 were passenger vehicles. Sales of...
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IMC Rebuilds Nio Stake in Q4 by Adding 1.86M Shares, Adjusts Calls/Puts
Written by Cláudio Afonso | LinkedIn | X IMC-Chicago, the U.S. subsidiary of Dutch trading firm IMC, bought 1,862,130 shares of the EV maker Nio in the last quarter of 2024 after exiting its position...
View ArticleXPeng Taps Former BYD Sales Partner for German Expansion
Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle maker XPeng said on Monday it has partnered with Swedish dealership chain Hedin Automotive to expand its sales network in Germany....
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