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Lynk & Co to Launch Plug-In Hybrid Model 08 in Europe this June, Prices Start...
Written by Cláudio Afonso | LinkedIn | X Lynk & Co, which now belongs to the Zeekr Group, said on Wednesday it is launching a new plug-in hybrid model in Europe this June. Named 08, the SUV...
View ArticleLucid Exec ‘Not Aware’ of Any Agreements That Could Cut PIF Stake Below 50%
Written by Cláudio Afonso | LinkedIn | X A senior Lucid executive said on Tuesday he was not aware of any agreements that would reduce Saudi Arabia’s Public Investment Fund (PIF) stake in the electric...
View ArticleLucid’s Interim CEO Says Orders for $95k Gravity ‘Exceed’ His Expectations
Written by Cláudio Afonso | LinkedIn | X Luxury electric carmaker Lucid Motors opened U.S. orders for the high-end variant of its second model, the Gravity SUV, in November 2024. Although the variant...
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BofA Slashes Lucid’s Price Target to $1 After CEO Departure, Q4 Results
Written by Cláudio Afonso | LinkedIn | X Bank of America (BofA) analyst John Murphy released on Wednesday a new research note slashing the firm’s price target on the EV maker Lucid Motors to $1.00....
View ArticleNio Opens First Battery Swap Station in UAE at Yas Marina F1 Circuit
Written by Cláudio Afonso | LinkedIn | X Shanghai-based electric vehicle (EV) maker Nio opened on Wednesday its first battery swap station in the Middle East region. The station is located in the...
View ArticleLucid’s Former CEO Rawlinson to Receive $120k Monthly in New Role
Written by Cláudio Afonso | LinkedIn | X Lucid Motors disclosed in a regulatory filing on Tuesday that its former Chief Executive Officer and Chief Technology Officer, Peter Rawlinson, will receive a...
View ArticleBYD’s Premium Brand Denza Confirms Expansion to Europe
Written by Cláudio Afonso | LinkedIn | X Denza, the premium sub-brand of the Chinese giant BYD, teased on Wednesday its expansion to the European market. In a newly created LinkedIn account under the...
View ArticleNio Launches Discounts in UAE, Offers Savings of up to $3,400
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio has launched its first Ramadan promotion in the United Arab Emirates, offering discounts of up to AED 12,500 ($3,400) on the three...
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Stifel Lowers Lucid Price Target to $3, Cites Critical Launches Ahead
Written by Cláudio Afonso | LinkedIn | X Stifel analyst Stephen Gengaro lowered his price target on luxury electric vehicle (EV) maker Lucid Motors to $3.00 from $3.50, maintaining a Hold rating on...
View ArticleXPeng Expands to Poland With Local Distributor, Sales to Start in Q2
Written by Cláudio Afonso | LinkedIn | X Chinese carmaker XPeng said on Wednesday it is expanding into Poland through a partnership with local distributor Inchcape. In a statement, the brand says the...
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Meet Marc Winterhoff, Lucid’s New Interim CEO
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors announced earlier this week that Peter Rawlinson will step down as Chief Executive Officer and Chief Technology Officer,...
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Xiaomi Launches SU7 Ultra, Secures 6,900 Pre-Orders Within 10 Minutes
Written by Cláudio Afonso | LinkedIn | X Xiaomi launched on Thursday its high-performance Ultra variant of the debut model SU7, securing 6,900 pre-orders within 10 minutes. The Chinese tech giant...
View ArticlePolestar Starts New Round of Layoffs in China
Written by Cláudio Afonso | LinkedIn | X Polestar has begun layoffs in China, affecting around 50 employees, including sales and operations staff, Chinese media outlet LatePost reported on Friday,...
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XPeng Unveils Refreshed G6 With 5C Charging, Deliveries Begin in March
Written by Cláudio Afonso | LinkedIn | X Chinese carmaker XPeng unveiled on Friday the refreshed version of its SUV model G6, describing it as a full-scale upgrade with changes to exterior, interior,...
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Lucid to Introduce Importers, Agency Model in Europe, Interim CEO Says
Written by Cláudio Afonso | LinkedIn | X As exclusively reported by EV in December, EV maker Lucid Motors is expanding its business model in Europe by adding importers and agency models in select...
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Polestar Delays Q4 Earnings Results to April, Secures New $450M Loan
Written by Cláudio Afonso | LinkedIn | X Polestar announced on Friday it is delaying its fourth-quarter results to April along with its annual filing for fiscal 2024. In a statement, the struggling...
View ArticleNio to Start ET9 Deliveries and Test Drives in March
Written by Cláudio Afonso | LinkedIn | X Nio confirmed on Friday that it will begin customer deliveries and test drives of its ET9 executive sedan in March, reiterating its timeline amid a new...
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Onvo Offers 5-Year 0%-Interest Incentive to Ramp Up Deliveries
Written by Cláudio Afonso | LinkedIn | X Nio’s family-oriented sub-brand, Onvo, announced on Friday that customers who place a deposit for the Onvo L60 can take advantage of a limited-time special...
View ArticleElon Musk Says FSD Rollout Europe is ‘Waiting for Regulatory Approval’
Written by Cláudio Afonso | LinkedIn | X A few days after Tesla started its Full Self-Driving (FSD) software in China, Chief Executive Elon Musk said the company is “waiting for regulatory approval”...
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Nio’s Brand Onvo Delivers 4,049 EVs in February, Down 31% Sequentially
Written by Cláudio Afonso | LinkedIn | X Onvo, the mass-market sub-brand of the premium EV maker Nio, said on Saturday it delivered 4,049 units of its debut model in February. In total, the Nio group...
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