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Tesla China Employees See “FSD Beta Registered” Message Post-Update
Written by Cláudio Afonso | LinkedIn | X Tesla employees in China have noticed a new message on their vehicles following the recent “Spring update” to Tesla’s operating system version 12. The update...
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Fisker Closes US Flagship Store Amid Ongoing Cost-Cutting Efforts
Written by Cláudio Afonso |LinkedIn | X Fisker, the U.S. startup founded by the renowned automotive designer Henrik Fisker, has reportedly closed its showroom at The Grove in Los Angeles, just three...
View ArticleSwiss Central Bank Cuts Lucid Stake by 36%, Trims Rivian and Tesla
Written by Cláudio Afonso | LinkedIn | X Switzerland’s central bank reduced its position in luxury electric vehicle maker Lucid by 36 percent while also trimming its stakes in Rivian and Tesla by 3...
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Fisker: Prices of the Ocean Model Plunge to $21,000 at Auctions
Written by Cláudio Afonso |LinkedIn | X Fisker Ocean, the SUV capable of driving up to 360 miles per charge, is currently suffering significant discounts at dealer auctions with prices decreasing from...
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Lucid Prepares to Announce Partnership with Hyundai on Electric Motors
Written by Cláudio Afonso | LinkedIn | X Luxury electric vehicle startup Lucid Motors is reportedly gearing up to announce a partnership providing Hyundai’s premium brand, Genesis, with electric...
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Faraday Future’s Q4 Results Expected Today as Investors Eye Update
Written by Cláudio Afonso | LinkedIn | X California-based electric vehicle startup Faraday Future is set to announce its Q4 2023 financial results later today, as shareholders await updates on...
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Nio’s brand ‘Firefly’ Arrives in Europe Mid-2025, Dealership Model in Review
Written by Cláudio Afonso | LinkedIn | X The electric vehicle manufacturer Nio is exploring various distribution methods for its new car brand, codenamed “Firefly,” set to launch in Europe in the...
View ArticleBank of America Raises Nio’s 2024 Sales Forecast but Lowers Price Target
Written by Cláudio Afonso | LinkedIn | X Bank of America Securities analyst Ming Hsun Lee has lowered on Tuesday the price target on Nio shares to $5.90 from $6.50, while maintaining a Neutral rating...
View ArticleLucid CEO Says Tesla “Seems to be Distracted”, “Kind of Losing Its Way”
Written by Cláudio Afonso | LinkedIn | X Lucid Motors‘ CEO Peter Rawlinson criticized Tesla on Monday, suggesting the company is “distracted” and “losing its way” adding that it “really falls to Lucid...
View ArticleToyota Teams Up With Mazda, Subaru on New Combustion Engine
Written by Cláudio Afonso | LinkedIn | X Subaru, Toyota, and Mazda are joining forces to develop new engines designed for electrification and carbon neutrality. On Tuesday, the automotive giants...
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Tesla Offers Factory Tour with Musk to Selected Shareholder Voters
Written by Cláudio Afonso | LinkedIn | X Tesla announced on Tuesday that voters of its upcoming annual shareholder meeting can win a tour of the Giga Texas factory. Scheduled for June 12, the day...
View ArticleGreat Wall Motor Closes European HQ, Lays Off All Employees
Written by Cláudio Afonso | LinkedIn | X Great Wall Motor (GWM) is reportedly closing its European headquarters and laying off all 100 employees, including the entire top management team, the German...
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Rivian Owners Face Up To 4-Month Wait for Service Appointments
Written by Cláudio Afonso | LinkedIn | X Rivian customers are experiencing significant delays in securing service appointments, with some facing nearly four-month waits. On Reddit, one of the Rivian...
View ArticleFaraday Future Grants Extended Nasdaq Suspension Amid Compliance Hearing
Written by Cláudio Afonso | LinkedIn | X The embattled electric vehicle startup Faraday Future announced on Tuesday that Nasdaq granted an extended stay of the suspension pending a hearing with...
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Faraday Future Reports 4 Vehicles Sold, 6 Leased For the Full Year of 2023
Written by Cláudio Afonso | LinkedIn | X The EV startup Faraday Future published on Tuesday its 2023 10-K form reporting a total of 6 FF91 EV models sold and six leased for the full year of 2023. The...
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Nio’s Onvo Brand to Unveil Six- and Seven-Seat Models, President Says
Written by Cláudio Afonso | LinkedIn | X Alan Ai, senior vice-president of Nio and president of its sub-brand Onvo, announced on Wednesday that the brand is developing six-seat and seven-seat models...
View ArticleChina to Invest $820 Million in All-Solid-State Battery Research
Written by Cláudio Afonso | LinkedIn | X China is set to invest around 6 billion yuan ($820 million) to promote research and development in all-solid-state batteries, the local media outlet China Daily...
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Faraday Future Stock Crashes 25% After Withdrawing 2024 Production Guidance
Written by Cláudio Afonso | LinkedIn | X The California-based electric vehicle (EV) maker Faraday Future published on Tuesday its fourth quarter and full year financial results disclosing that it is...
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Toyota and EVgo Collaborate to Install 350kW Fast Chargers in California
Written by Cláudio Afonso | LinkedIn | X Toyota Motor announced on Wednesday a collaboration with EVgo to install DC fast chargers in Baldwin Park, and Sacramento, both areas located in California. The...
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Nio Introduces Temporary Discounts of Up to $11,100 in Germany
Written by Cláudio Afonso | LinkedIn | X Nio sent on Wednesday an email announcing that is temporarily cutting prices of two of its models in Germany. In April, and according to official data from the...
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