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X @The Economist
The Economist· 2025-09-17 01:00
Europe is becoming the main target of China’s electric-vehicle giants. Sharpened by ruthless competition at home, the Chinese can withstand the EU’s tariffs https://t.co/DQBHNDpMp2 ...
Did You Lose Money in FLYE? Shareholders Who Lost Money in FLYE Should Contact Robbins LLP for Information About the Fly-E Group, Inc. Class Action Lawsuit
Prnewswire· 2025-09-17 00:50
Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly misleading investors about its revenue projections and sales performance during a specific period in 2025 [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that Fly-E Group's management created a false impression of having reliable information regarding the company's revenue outlook and sales expectations [2]. - It is alleged that the company downplayed risks associated with lithium batteries, supply chain changes, and regulatory challenges while promoting its brand reputation and cost reductions as key growth factors [2]. Group 2: Financial Performance and Impact - On August 14, 2025, Fly-E filed a notification with the SEC indicating a significant 32% decrease in net revenue compared to the same period in 2024, primarily due to a decline in total units sold [3]. - The decline in sales was attributed to a decrease in customer purchases of E-Bikes, linked to an increase in lithium battery explosion incidents in New York [3]. - Following the revenue announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share within a single day [3]. Group 3: Class Action Participation - Shareholders who purchased Fly-E securities during the specified period may be eligible to participate in the class action lawsuit [4]. - Interested shareholders can contact Robbins LLP to serve as lead plaintiffs or remain as absent class members without participating in the case [4].
Shareholders that lost money on Fly-E Group, Inc.(FLYE) should contact Levi & Korsinsky about pending Class Action - FLYE
Globenewswire· 2025-09-16 21:12
Core Viewpoint - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that defendants made false statements and concealed information regarding the Company's projected revenue outlook and anticipated sales, leading to a misleading impression of Fly-E's financial health [2]. - It is alleged that Fly-E's optimistic revenue goals and demand for its electric vehicle (EV) products fell short of reality, with defendants downplaying risks related to lithium battery supply chains and regulatory challenges [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, ensuring no financial obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities cases [4].
X @The Wall Street Journal
Rivian broke ground on a Georgia plant that is expected to start production in 2028. The factory is a crucial part of the EV maker’s growth plan. https://t.co/VSmq0w2hB8 ...
X @The Economist
The Economist· 2025-09-16 19:20
Industry Overview - Chinese electric-vehicle manufacturers are experiencing overcapacity [1] - This overcapacity has led to a fierce price war in the electric vehicle market [1] Financial Performance - Despite growing sales, electric vehicle firms' profits are decreasing [1]
Rivian moves ahead with new plant in Georgia
CNBC Television· 2025-09-16 19:00
Rivian's Future and Challenges - Rivian shares experienced a nearly 7% increase [1] - Rivian anticipates a slowdown in EV sales after September 30th, with a dip expected in Q4 and stabilization in 2026 [2] - Rivian is optimistic about future EV sales growth, especially with the $45,000 R2 model, with production starting next year in Illinois and in 2028 at the new facility [3] - Rivian aims for profitability and growing EV sales in the US with potential R3 model [3] - The Department of Energy has granted Rivian a $6.17 billion loan for facility construction [9] - The loan's future is uncertain, depending on the current administration's support [10][11] - A potential recession could impact EV sales [11] - There's no guarantee the plant will be producing 200,000-400,000 vehicles by 2030 [12] Corvette Recall - Approximately 100,000 Corvettes have been recalled due to a fire risk [4] - A cooling fan near the gas tank was spraying gasoline onto the engine during fueling, causing fires [6] - Despite the issue, GM is addressing the defect with a recall and stop sale [6] - The Corvette recall has not materially impacted the company's stock, which is down about 0.9% [7]
Zapp EV Provides Business Update and Sets Date of Annual Meeting
Globenewswire· 2025-09-16 15:43
Core Viewpoint - Zapp Electric Vehicles Group Limited is set to deliver its i300 Oxford Street Edition in the UK and aims to expand its product lineup to target high-growth segments in both Europe and Asia [1][2]. Business Update - The company is under new management, focusing on building and selling a limited production run of the i300 Oxford Street Edition [2]. - Plans are in place to expand the product lineup, providing a wider range of options to customers in high-growth segments [2]. - Continuous improvements to the i300 model are intended to meet the demands of various market segments, creating a balanced product portfolio optimized for growth [2][6]. Annual Meeting Details - The Annual Meeting of shareholders is scheduled for October 1, 2025, at 2 p.m. GMT [1]. - Shareholders as of the record date, September 12, 2025, are entitled to vote and are encouraged to vote their proxies beforehand [3]. Company Overview - Zapp EV is focused on electrifying personal urban mobility with modern two-wheelers that combine design and performance [4]. - The debut model, i300, features removable batteries that can be charged from standard electrical outlets [4].
Fly-E Group, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - FLYE
Prnewswire· 2025-09-16 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Fly-E Group, Inc. due to alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by false statements regarding Fly-E Group's projected revenue and sales outlook [2][3]. - Defendants allegedly created a false impression of reliable information about the company's revenue goals and demand for its electric vehicle (EV) products, which did not align with actual performance [3]. - The complaint highlights that the defendants downplayed risks related to lithium battery supply chains, regulatory challenges, and demand fluctuations for Fly-E's E-Bikes and E-Scooters [3]. Group 2: Investor Information - Investors who suffered losses during the specified period have until November 7, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the United States [5].
FLYE LAWSUIT ALERT: The Gross Law Firm Notifies Fly-E Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Globenewswire· 2025-09-15 20:02
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fly-E Group, Inc. regarding a class action lawsuit due to alleged false statements and concealment of information related to the company's revenue outlook and sales performance [1][3]. Group 1: Allegations and Class Action Details - The class period for the lawsuit is from July 15, 2025, to August 14, 2025 [3]. - Allegations include that defendants misrepresented the reliability of information regarding Fly-E's projected revenue and sales, leading to an inflated perception of the company's performance [3]. - The complaint states that Fly-E's optimistic revenue goals and demand for its electric vehicle (EV) products did not align with actual performance, with risks related to lithium batteries, supply chain changes, and regulatory environments being downplayed [3]. Group 2: Shareholder Actions and Deadlines - Shareholders are encouraged to register for the class action by November 7, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
【Tesla每日快訊】 三星洩密!特斯拉 AI 晶片藏著「終極武器」🔥Robotaxi新進展(2025/9/15-2)
大鱼聊电动· 2025-09-15 10:04
大家好我是大鱼 特斯拉 正在做一件 比造车 比Robotaxi 更疯狂的事 就是把一台 真正的AI超级电脑 塞进你的车里 这将不只是 一次硬体升级 而是一场 革命的开始 最近三星的 一份报告 泄漏了细节 证明Tesla的 护城河将在 一夜之间 加深十米 大家不要错过 今天的精彩内容 OK let's go 韩国三星证券 的一份报告 爆了一个超级大料 我认为这件事 的重要性 可能超过了 特斯拉今年 任何一次的销量报告 或股价波动 报告里直白地指出 特斯拉下一代 的AI 晶片 也就是大家说的 AI5 或HW 5.0% 将会采用HBM 高频宽记忆体 很多人听到这 可能没什么感觉 不就是换个 记忆体吗? 有什么了不起的? 如果你也这么想 那这支影片 你一定要看完 因为这个看似 微小的改变 实际上揭示了 马斯克一个 巨大无比的野心 这不只是 一次硬体升级 这是一场把 AI 超级电脑 塞进汽车里的革命 也是特斯拉 自动驾驶护城河 突然加深 十米的明确讯号 为什么说 HBM 是一个 核弹级的升级? 我们先用人话 来解释一下 HBM 到底是什么 过去特斯拉的 晶片用的是 GDDR记忆体 你可以把它 想像成一条 普通的城市道路 ...