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Citi More Than Doubles XPeng’s Price Target, Expects 480k EVs in 2025

Written by Cláudio Afonso | LinkedIn | X Citi analyst Jeff Chung upgraded on Monday the firm’s rating on the Chinese carmaker XPeng increasing its delivery estimates for this year by 85% to nearly...

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Nio Accelerates Cost-Cutting Measures, Local Media Reports

Written by Cláudio Afonso | LinkedIn | X EV maker Nio is implementing sweeping cost-cutting measures and restructuring its operations in an effort to curb mounting losses, CEO William Li told...

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Volkswagen Selects Portugal Plant to Build ID. Every1 EV for European Markets

Written by Cláudio Afonso | LinkedIn | X Last week, the German car giant Volkswagen unveiled its ID. EVERY1 concept car, the first model to use electric architecture jointly developed with the U.S. EV...

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Tesla Shares Drop 51% From Record High

Written by Cláudio Afonso | LinkedIn | X Tesla shares fell sharply on Monday, dropping to $238 in early trading and extending their losing streak to an eighth consecutive week. Despite the surge...

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Elon Musk Reacts to Kia’s Controversial Campaign in Norway

Written by Cláudio Afonso | LinkedIn | X Tesla CEO Elon Musk responded on Monday to Kia Norway’s latest ad campaign, which features a sticker on the rear of the EV3 reading: “I bought this after Elon...

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XPeng to Launch Refreshed G6 and G9 SUVs on March 13

Written by Cláudio Afonso | LinkedIn | X XPeng said on Monday that it will launch its refreshed G6 and G9 models on Thursday, March 13. While preparing to unveil its first extended-range model later...

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Nio to Report Fourth-Quarter Results on March 21

Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle maker Nio said on Tuesday it will release its fourth-quarter financial results on March 21, before U.S. markets open. The company will...

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Nio Group’s Weekly Registrations Drop 39% in China

Written by Cláudio Afonso | LinkedIn | X Nio Group saw its weekly vehicle registrations decline 39% between March 3 and 9 to 3,000 units, data from rival automaker Li Auto showed on Tuesday. The...

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Trump Says He’s Buying a Tesla to Support ‘Truly Great American’ Elon Musk

Written by Cláudio Afonso | LinkedIn | X U.S. President Donald Trump said late on Monday that he plans to buy a Tesla on Tuesday morning, calling it “a show of confidence and support” for the...

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XPeng’s Weekly EV Registrations Surge 27% to 8,500 Units

Written by Cláudio Afonso | LinkedIn | X Chinese automaker XPeng registered 8,500 vehicles between March 3 and 9, according to data released by Li Auto on Tuesday, marking a 27% increase from the...

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Lucid’s Institutional Ownership Hits Record High Despite Stock Slump

Written by Cláudio Afonso | LinkedIn | X Despite shares of electric vehicle maker Lucid Motors hitting new record lows last November at below $2, all of its top 12 institutional shareholders increased...

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XPeng Shares Surge 273% Since CEO Increased Stake Last August

Written by Cláudio Afonso | LinkedIn | X XPeng shares have soared 273% since founder and CEO He Xiaopeng increased his stake in the company last August, purchasing a total of $13.5 million worth of...

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Trump Takes Delivery of Tesla Model S as Musk Promises to Double US Production

Written by Cláudio Afonso | LinkedIn | X U.S. President Donald Trump announced on Monday that he planned to buy a Tesla vehicle on early Tuesday to show support for the company’s CEO, Elon Musk — a...

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Exclusive: Nio Job Reductions Extend to US and European Offices Amid...

Written by Cláudio Afonso | LinkedIn | X Electric vehicle (EV) maker Nio has been restructuring its operations as competition in China, its main market, continues increasing. Over the next few months,...

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Leaked Poster Reveals Price of XPeng’s Refreshed G6 SUV

Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker XPeng is preparing to launch a refreshed version of its G6 coupe SUV, with a leaked poster suggesting a starting price of 202,800 yuan...

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Tesla Ramps up Model Y Production in China, March Sales Expected to Rebound

Written by Cláudio Afonso | LinkedIn | X Tesla is ramping up production of the refreshed Model Y in China, with weekly registrations rising steadily as the company transitions to the refreshed...

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Bernstein Warns Rivian’s Demand Issues Are Back in Focus

Written by Cláudio Afonso | LinkedIn | X Bernstein released a research note on Wednesday assessing U.S. auto sector performance, noting a slowdown in February for most automakers except General...

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JP Morgan Cuts Tesla’s Price Target, Expects Q1 Deliveries to Fall 8%

Written by Cláudio Afonso | LinkedIn | X JPMorgan analyst Ryan Brinkman lowered the firm’s price target on Tesla to $120 from $135 on Wednesday, while maintaining an Underweight rating, citing a...

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Kia Says Post Attacking Musk Was ‘Humor,’ Not Meant to Offend Tesla CEO

Written by Cláudio Afonso | LinkedIn | X Kia’s Norway unit said on Wednesday that the controversial social media post attacking Tesla CEO Elon Musk was intended as humor and not meant to offend,...

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Tesla Sales Soar in Spain, on Track to Beat February Figures by Mid-March

Written by Cláudio Afonso | LinkedIn | X Tesla registered 819 electric vehicles in Spain during the first 12 days of March, positioning it to surpass February’s total before mid-month, data from...

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