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Zeekr March Deliveries Rise 19% as Lynk&Co Boosts Group Total to Over 40,000
Written by Cláudio Afonso | LinkedIn | X Zeekr Group, the premium electric vehicle unit under Geely, said on Tuesday it delivered 15,422 vehicles in March under its main Zeekr brand, up 18.5% from a...
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Nio Brand Sees Deliveries Fall 13% in March, Onvo Delivers 4,800 EVs
Written by Cláudio Afonso | LinkedIn | X EV maker Nio delivered 10,219 premium vehicles in March, down 13% from the same month last year. Its new sub-brand Onvo delivered 4,820 units of its first...
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BYD Sales Surge 25% in March to 377.4k NEVs, Overseas Figures Reach 72.4k Units
Written by Cláudio Afonso | LinkedIn | X BYD said Tuesday its March vehicle sales rose both year over year and sequentially to 377,420 units. The figures, which represent a 24.8% year over year...
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Li Auto Delivers 36,674 Vehicles in March, Up 26.5% Year over Year
Written by Matilde Alves | LinkedIn | X Beijing-based carmaker Li Auto reported on Tuesday that it delivered 36,674 vehicles in March, an increase of 26.5% year-over-year. The company, which is mostly...
View ArticleWells Fargo Names Tesla New ‘Tactical Short Idea,’ Expects Stock to Sink 50%
Written by Cláudio Afonso | LinkedIn | X Wells Fargo published on Tuesday a new research note on Tesla naming the stock the firm’s ‘New Tactical Short Idea’ as it reiterates its underweight rating and...
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Lucid Hits Monthly Sales Record in Netherlands With 12 EVs in March
Written by Cláudio Afonso | LinkedIn | X Lucid Motors posted its best-ever monthly performance in the Netherlands last month, registering 12 vehicles in March, according to official data. The gain...
View ArticleChina’s State-Owned Changan, Dongfeng Discuss Potential Merger: report
Written by Cláudio Afonso | LinkedIn | X China’s state-owned automakers Changan Automobile Co. and Dongfeng Motor Group Co. are in advanced discussions to merge, the New York Times reported Tuesday,...
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XPeng Sales in Netherlands Fall 6% YoY in March to 87 Vehicles
XPeng sold 87 vehicles in the Dutch market in March, down 6.5% from a year earlier, according to official data released on Tuesday. The Guangzhou-based EV maker registered 246 vehicles in the...
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Lucid US Sales Reach New Record in March for Second Consecutive Month
Written by Cláudio Afonso | LinkedIn | X Lucid Motors saw its U.S. sales reach a new record in March with 942 units, according to Motor Intelligence estimates published on Tuesday. The figures include...
View ArticleLeapmotor Delivers 37,095 Vehicles in March as it Prepares European Expansion
Written by Cláudio Afonso | LinkedIn | X Stellantis-backed Chinese carmaker Leapmotor said Tuesday it delivered 37,095 vehicles in March, up 154% from a year earlier, as the company pushes toward a...
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Chief of Nio’s Brand Onvo Steps Down Amid Missed Sales Targets
Written by Cláudio Afonso | LinkedIn | X Alan Ai, head of Nio’s mass-market sub-brand Onvo, has stepped down as the family-focused marque continues to struggle with weak demand for its debut SUV and a...
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BYD Dutch Sales Increase 58% YoY in March to 270 Units
China giant BYD sold 270 vehicles in the Netherlands in March, up 58% from the same period in 2024 — according to official data released on Tuesday. Of the registered vehicles, 171 were BYD’s Seal U...
View ArticleCATL Partners with Oil Giant Sinopec to Build 10,000 Battery Swap Stations
Written by Cláudio Afonso | LinkedIn | X The world’s largest battery maker CATL signed an expanded agreement with Chinese state-owned oil giant Sinopec on Wednesday to jointly build at least 500...
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Rivian U.S. Sales in March Drop 20% Year over Year to 3,910 Units
EV maker Rivian sold 3,910 vehicles in the United States last month, down 20.1% year over year, estimates from ‘Motor Intelligence’ showed on Tuesday. Sales of the California-based manufacturer...
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Rivian Deliveries Fall 36% to 8,640 EVs in Q1, EV Maker Reaffirms Annual Target
Rivian said on Wednesday it produced 14,611 vehicles in the first quarter of the year while delivering 8,640 units while reiterating its annual target of between 46,000 and 51,000 vehicles delivered...
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Tesla China Sales Decline 11% in March, Model Y Claims Best-Seller Spot
Tesla sold 78,828 vehicles in China in March, a decline of 11.5% year over year, according to data released on Wednesday from the China Passenger Car Association (CPCA). In the first quarter, Tesla’s...
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Tesla Shares Jump on Report Musk Will Soon Exit DOGE Role
Written by Cláudio Afonso | LinkedIn | X Tesla shares fell more than 6% early Wednesday after the Elon Musk-led company reported first-quarter vehicle deliveries that missed expectations. The company...
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Who Is Nio Veteran Fei Shen, the New Head of Onvo Brand
Written by Cláudio Afonso and Matilde Alves EV maker Nio has tapped longtime executive Fei Shen to lead its mass-market brand Onvo, replacing Alan Ai after the unit missed key sales targets in early...
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Lucid Delivers 3,109 Vehicles Globally in Q1, Up 58% Year on Year
Written by Cláudio Afonso | LinkedIn | X Lucid Motors said on Wednesday it delivered 3,109 vehicles in the first quarter of the year while production stood at 2,212 units. Deliveries surged 58% year...
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EV Maker Lucid Announces $1 Billion Raise in Convertible Notes
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Lucid Motors said Wednesday it plans to raise $1 billion through a private offering of convertible senior notes due 2030, alongside...
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