Musk Calls Trump Adviser Navarro ‘Truly a Moron’ After Sharp Criticism of Tesla
Written by Cláudio Afonso | LinkedIn | X Tesla CEO Elon Musk lashed out at U.S. President Donald Trump’s trade adviser Peter Navarro on Tuesday, calling him “truly a moron” after Navarro questioned on...
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Nio’s Brand Onvo Dismisses Two Employees Following Ad Controversy in China
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio has “persuaded to resign” two employees and issued “severe warnings” to four senior managers after a promotional campaign from its...
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Li Auto Weekly Sales Dip 30% From Late March to 6,200 NEVs, Expands to...
Li Auto registered 6,200 vehicles from March 31 to April 6, a decline of 29.5% from the 8,800 units listed in the previous week and the lowest since February, according to data revealed on Tuesday on...
View ArticleJeff Bezos Backs Secretive New EV Startup ‘Slate,’ Production to Start in...
Written by Cláudio Afonso | LinkedIn | X Amazon founder and executive chair Jeff Bezos is backing a Michigan-based electric vehicle startup called Slate Auto, which aims to build a $25,000 two-seat...
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Firefly’s Battery Swap Station Revealed: Nio Targets Faster, Cheaper Rollout
Written by Cláudio Afonso | LinkedIn | X Shanghai-based Nio Group is moving closer to the rollout of its Firefly brand with the first image of a dedicated battery swap station for the low-cost EV line...
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Tesla’s China Sales Jump in March but Trail Year-Ago Levels
Written by Cláudio Afonso | LinkedIn | X Tesla sold 74,127 vehicles in China last month, while exports from its Shanghai plant stood at 4,701 units, according to data released Wednesday by the China...
View ArticleMusk’s Brother Attacks Trump Trade Adviser on Tariffs, Urges His Firing
Tesla’s Board member and Elon Musk’s brother Kimbal attacked on Wednesday Donald Trump’s top trade adviser Peter Navarro after he criticized Tesla‘s CEO earlier in the week, saying that Musk is not “a...
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Zeekr Weekly Sales in China Fall 21% Sequentially to 2,700 EVs
Chinese carmaker Zeekr saw its weekly sales in China fall 20.6% to 2,700 vehicles last week, industry data showed on Tuesday. In the final week of March, the Hangzhou-based company had registered...
View ArticleNio Power Exec Comments on CATL Rumor, Says Unit Attracts Interest From Top...
Written by Cláudio Afonso | LinkedIn | X Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, is reportedly in talks to acquire a controlling stake in Nio’s...
View ArticleRivian Rolls Out Software Update with Upgraded Suspension System and More
Rivian started on Tuesday rolling out a new software update bringing an improved suspension system for both Gen-1 and Gen-2 vehicles that using “intelligent algorithms that can better analyze the data...
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Bernstein Cuts Ford’s Price Target to $7 Over Tariff Headwinds
Bernstein analyst Daniel Roeska on Wednesday downgraded Ford‘s price target to $7.00, a 25.5% cut from $9.40. The stock’s rating was also cut from Market Perform to Underperform. “It is time to...
View ArticleU.S. Stocks Rally After Trump Approves 90-Day Tariff Pause
U.S. stocks jumped on Wednesday afternoon after President Donald Trump announced a 90 day pause on the recently announced tariffs. On Truth Social platform, Trump wrote: “Based on the lack of respect...
View ArticleOnvo and XPeng EVs Achieve Top Score in China’s Energy Efficiency Test
Written by Cláudio Afonso | LinkedIn | X EV models from XPeng and Onvo received the highest energy efficiency ratings under China’s national assessment of battery electric vehicles, results published...
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Exclusive: Nio Replaces Onvo’s Top Exec Amid Wider Restructure
About a week after Onvo brand head Alan Ai stepped down, Nio Group has implemented a new series of executive changes affecting its mass-market Onvo brand and broader marketing departments, according...
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Mizuho Cuts Price Targets on Nio, Tesla, Rivian, and GM
Mizuho analyst Vijay Rakesh released on Wednesday a new research note lowering the firm’s price targets on four carmakers including Tesla, Nio, Rivian and GM. One day after Tesla shares closed up...
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UBS Reduces GM’s Price Target Over Tariffs Impact
UBS analyst Joseph Spak lowered on Thursday General Motors‘ price target by 20.3% to $51. In a new research note, Spak stated that the firm now estimates GM‘s volumes to decline 9% year over year in...
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XPeng Sells 36 EVs in UK in March After February Market Debut
XPeng sold 36 electric vehicles in the UK in March, according to official industry data, following the brand’s official market entry in mid-February. The Chinese EV maker began UK deliveries with its...
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Polestar Q1 Sales Jump 76% to 12,300 Vehicles
Polestar said on Thursday its global sales surged 76% year over year in the first quarter of 2025 to “an estimated 12,304” vehicles. The Michael Lohscheller-led company noted in a statement that it is...
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Goldman Sachs Trims Ford’s PT Despite Seeing ‘Long-Term Opportunity’
Goldman Sachs’ analyst Mark Delaney downgraded Ford’s price target on Thursday by 18.2% to $9 citing increased global competition, weaker consumer demand, and higher costs from tariffs. In a new...
View ArticleKia Slashes 2030 EV Sales Target by 21% to 1.26 Million Units
South Korea’s Kia announced on Wednesday that it aims to sell 1.26 million pure EVs by 2030, a 21.2% cut from the previous goal of reaching 1.6 million units. At its annual CEO Investor Day, the brand...
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