Rachit Vats - Spark Newswire

1 minute read

Nio Said To Be In Discussions With Rivals To License Its Flagship EV Battery-Swap Tech

Today, 12:19 PM

Nio Inc (NYSE: NIO) is in talks with several automakers for licensing its battery-swapping technology, Financial Times reported on Tuesday, citing the electric vehicle maker’s European presi

BYDDY

1 minute read

Cathie Wood Scoops Up $19.7M In This Automation Firm As Shares Crash

By Rachit Vats

Today, 12:19 PM

Tesla Inc (NASDAQ: TSLA) bull Cathie Wood’s Ark Investment Management on Monday raised its exposure in the New York-based software automation company UiPath Inc (NYSE:

ARKK

2 minute read

Ford Mustang Mach-E EV Sales Jump Sequentially In March, Even As Numbers For Gas-Powered Version Drop

By Rachit Vats

Today, 12:19 PM

Ford Motor Co (NYSE: F) on Wednesday reported a sequential jump in Mustang Mach-E sales in March, even as gas-powered versions of the vehicles dropped significantly amid semiconductor shortages and production halts.

2 minute read

News
Tech

Tesla Zips Past The Million Mark For Both Output And Deliveries Over Past 12 Months

By Rachit Vats

Today, 12:19 PM

Tesla Inc’s (NASDAQ: TSLA) production and delivery numbers shot past the one million mark each in the past 12 months, a first for the Elon Musk-led electric vehicle maker.

TSLA

2 minute read

Why Fitch Sees Price Hikes In China Hitting Low-End EV Makers More

By Rachit Vats

Today, 12:19 PM

Ratings agency Fitch said on Monday that the recent price hikes are likely to affect China’s low-end electric vehicles more than high-end ones as buyers for more affordable vehicles are price sensitive.

1 minute read

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Tech

Elon Musk Says Tesla Aiming At 30% Gross Margin For Supercharger Network

By Rachit Vats

Today, 12:19 PM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Sunday that the electric vehicle maker is aiming at a 30% gross margin or about 10% profitability including all costs for its Supercharger network business.

TSLA

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Tech

Elon Musk Says ‘Berlin Rocks,’ Days After Tesla’s First European Gigafactory Goes Online

By Rachit Vats

Today, 12:19 PM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Sunday praised Germany’s capital Berlin, which is also the electric vehicle maker’s first gigafactory site in Europe.

TSLA

2 minute read

Volkswagen Looks To Double US Market Share After Eking Out First Profit In Decades

By Rachit Vats

Today, 12:19 PM

Volkswagen Group (OTC: VWAGY) said on Saturday that the German automaker’s next goal is to double its market share in the United States.

TSLA

2 minute read

Cathie Wood-Backed Xpeng Beats Rivals Nio, Li Auto In March Deliveries, Records 148% Sequential Surge

By Rachit Vats

Today, 12:19 PM

Xpeng Inc (NYSE: XPEV) on Friday reported higher monthly delivery numbers than those of the close local rivals Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) as production bounced

2 minute read

Nio Deliveries Jump 61% Sequentially In March: Here’s What You Need To Know

By Rachit Vats

Today, 12:19 PM

Nio Inc (NYSE: NIO) on Friday reported a rebound in March deliveries as production bounced back after a traditionally slow holiday season and interruption due to a key facility upgrade.

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