China Cloud on Tesla’s Q2 2022 Numbers; Fundamentals Remain Strong
Tesla sold more than 254,000 vehicles in Q2 2022, an increase of 27% YoY, which was below general expectations. This was the first time since the…
Global EV Shipments Up 79% YoY in Q1 2022; Tesla Remains Leader
In Q1 2022, global electric passenger vehicle (EV) shipments exceeded 1.95 million units. Passenger battery electric vehicle (BEV) shipments grew…
Tesla Reports Record Revenue in Q1 2022; Rising Raw Material Cost a Challenge
Tesla vehicle deliveries crossed 310,000 units in Q1 2022, a YoY increase of 68%. Revenue reached a record high of $18.8 billion during the……
NIO Registers Nominal Growth in Q4 2021
NIO is a leader in China’s smart electric vehicle (EV) market. After starting its business in 2014, NIO delivered its first model, the ES8, in…
Ukraine Crisis Derails Automotive Recovery
The potholes on the road to post-covid recovery for the global automotive sector seem never-ending. The back-to-back waves of COVID-19, followed by…
Stellantis Bets Big with €30-billion Investment Plan for EV Business
Stellantis, formed in 2021 after the merger of Italian American automaker Fiat Chrysler and France’s PSA, unveiled its electrification plans on July…