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...
View ArticleNio 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...
View ArticleVolkswagen 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...
View ArticleTesla 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...
View ArticleElon 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...
View ArticleXPeng 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...
View ArticleNio 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...
View ArticleNio 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...
View ArticleTrump 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...
View ArticleXPeng’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...
View ArticleLucid’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...
View ArticleXPeng 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...
View ArticleTrump 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...
View ArticleExclusive: 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,...
View ArticleLeaked 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...
View ArticleTesla 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...
View ArticleBernstein 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...
View ArticleJP 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...
View ArticleKia 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,...
View ArticleTesla 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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