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Ford Shares Fall Amid $5.1 Billion Loss in EV Unit This Year
Written by Cláudio Afonso | LinkedIn | X Ford shares fell nearly 5% on early Thursday following the company’s fourth-quarter results. Despite reporting year-over-year revenue growth of 5% to $48.2...
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World’s Largest Asset Manager Cuts Stake in XPeng in Q4 to 4.7%
Written by Cláudio Afonso | LinkedIn | X BlackRock reduced its stake in Chinese carmaker XPeng in Q4 to 4.7%, a new regulatory filing showed late Wednesday. The world’s largest asset manager cut its...
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Tesla UK Sales Drop 7.8% in January to 1,458 Units
Written by Cláudio Afonso | LinkedIn | X Tesla’s UK vehicle registrations dropped 7.78% in January to 1,458 units as the company prepares to start global deliveries of its refreshed Model Y. A year...
View ArticleRivian Opens Orders for Electric Commercial Van, Deliveries Begin in April
Written by Cláudio Afonso | LinkedIn | X Amazon started testing deliveries with Rivian preproduction delivery vans in 2021. The California-based EV maker delivered the first final units in 2022, and...
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Polestar UK Sales Grow 216% in January to 746 Units
Written by Matilde Alves | Edited by Cláudio Afonso EV maker Polestar sold 746 electric vehicles in the UK last month, data from the Society of Motor Manufacturers and Traders (SMMT) showed on...
View ArticleFord Considers Partnership on Autonomous-Driving, CEO Says
Written by Cláudio Afonso | LinkedIn | X Ford Motor Co. reported its fourth-quarter earnings on Wednesday, where CEO Jim Farley was asked during the earnings call about a potential partnership on...
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Nikola Shares Plunge Nearly 50% After Report Says Firm Close to Bankruptcy
Written by Cláudio Afonso | LinkedIn | X Shares of the hydrogen and fully electric truck maker Nikola plunged 47% on Thursday’s after-market session following a Wall Street Journal’s report claiming...
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Tesla China Sales Drop 11% in January to 63,238 Vehicles
Written by Cláudio Afonso | LinkedIn | X Tesla sold 63,238 vehicles from its Shanghai plant in January, including domestic sales and exports, according to preliminary data from the China Passenger Car...
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BYD Launches Atto 2 SUV in Europe, Announces Expansion to Estonia
Written by Matilde Alves | Edited by Cláudio Afonso China giant BYD announced on Thursday it is launching its fully electric compact SUV Atto 2 in Europe and the UK. According to the brand’s executive...
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Onvo Introduces New Incentives to Boost Sales, Offering Up to $4,100
Written by Cláudio Afonso | LinkedIn | X Onvo, the sub-brand of the EV maker Nio, announced on Friday a range of limited-time incentives for its vehicles as it seeks to outsell both local and...
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Tesla Registers 13,400 Vehicles in China Between Jan.20 – Feb.2
Written by Matilde Alves | Edited by Cláudio Afonso Tesla registered 13,400 vehicles in China between January 20 and February 2, data shared by the carmaker Li Auto showed on Friday. Over the first...
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GAC to Launch Firefly’s Rival Aion UT in China, Pre-Sale Prices Start at $12,320
Written by Matilde Alves | Edited by Cláudio Afonso State-owned automaker GAC is preparing to launch a new fully electric compact SUV in China later this month as European expansion nears. The model...
View ArticleNio to Launch Refreshed ES6, EC6, ET5, and ET5 Touring Models in Q2
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio will launch new EV models every quarter from the second quarter through the year-end, the company’s founder and CEO William Li said...
View ArticleNio Offers Up To $137,000 for Information on ‘Malicious PR’ Attacks
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio said on Sunday it is offering rewards of up to 1 million yuan ($137,000) for information related to “malicious PR and online...
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BlackRock Increases Stake in Lucid Motors by 12.7% in Q4
Written by Cláudio Afonso | LinkedIn | X BlackRock, the world’s largest asset manager, disclosed in a quarterly filing on Friday that it added 5.4 million shares in the EV maker Lucid Motors in the...
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Macquarie Cuts Price Target on Nio HK Listed Shares by 10%
Written by Cláudio Afonso | LinkedIn | X Macquarie analyst Eugene Hsiao lowered the firm’s price target on Nio’s Hong Kong-listed shares from HK$38.00 to HK$34.00 in a research note released on...
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BlackRock Raises Stake in Rivian, Holds Now Nearly 50 Million Shares
Written by Matilde Alves | Edited by Cláudio Afonso BlackRock, the world’s largest asset manager, disclosed on Friday that it added nearly 3.79 million shares in Rivian in the fourth quarter of 2024....
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Nearly-New Onvo Vehicles Listed on Second-Hand Market with 39% Discounts
Written by Cláudio Afonso | LinkedIn | X EV maker Nio unveiled its first sub-brand, Onvo, in May last year. Targeted at young families who prioritize technology and safety, the brand debuted with the...
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Nio’s CEO Says CATL’s Investment in Battery Swap Technology is ‘a Positive Sign’
Written by Matilde Alves | Edited by Cláudio Afonso Nio founder and CEO William Li said on Weibo last Sunday that 2025 will be a major year for the expansion of the company’s battery swap network....
View ArticleBYD Rolls Out In-House Self-Driving System for Entire Model Lineup
Written by Cláudio Afonso | LinkedIn | X Chinese automaker BYD announced on Monday its “Intelligent Driving for All” initiative and introduced the “God’s Eye” technology matrix. The car and battery...
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