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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
AI Technology and Strategy - Tesla is integrating a high-performance AI supercomputer into its vehicles, representing a significant hardware upgrade and a revolution in autonomous driving capabilities [1] - The next-generation AI chip, AI5 or HW 5.0, will utilize HBM (High Bandwidth Memory), significantly increasing data processing speed and efficiency to meet the demands of large language models [1] - FSD (Full Self-Driving) version 14 is expected to improve performance by 2 to 3 times, enabled by the advanced hardware capabilities [1] - Tesla's AI chip business, focusing on inference, could potentially be more valuable than the RoboTaxi business, with each chip potentially generating $36,000 per year [1] Robotaxi and Operational Expansion - Tesla has received approval for Robotaxi operations in Nevada, expanding its service area from Texas and California [1] - A job posting indicates Tesla is developing a real-time pricing algorithm for Robotaxi services, including global airport integration [2] - Tesla is extending the testing period for its Robotaxi service in Austin, Texas, increasing operating hours to 20 hours per day and expanding the service area to approximately 170 square miles [2] Market Performance and Production - Electric vehicles achieved a record 98.4% market share in Norway in August, with Tesla Model Y outselling competitors [2] - Giga Berlin has revised its production plans upwards for the third and fourth quarters due to strong sales data across more than 30 markets [2] Industry Impact and Partnerships - Tesla's adoption of HBM memory could create a new demand source, potentially influencing other automakers to follow suit [1] - Samsung could benefit significantly by providing both chip manufacturing and HBM memory solutions to Tesla and other customers [1]
50万电车过保,修一次电池=加10年油?
Hu Xiu· 2025-09-15 06:34
Core Viewpoint - The article discusses the financial implications of owning electric vehicles (EVs), particularly focusing on the costs associated with battery maintenance and the potential hidden expenses that can offset savings from fuel costs [1] Group 1: Cost Analysis - Electric vehicles save on fuel costs, but these savings may be negated by high maintenance and repair costs, especially after the warranty period expires [1] - The article highlights the significant expenses related to battery repairs, which can be substantial enough to eliminate years of fuel savings [1] Group 2: Industry Challenges - The discussion emphasizes the "electric vehicle dilemma," where consumers may face unexpected financial burdens despite the initial appeal of lower operating costs [1] - The article raises concerns about the long-term sustainability of electric vehicle ownership in light of these potential hidden costs [1]
【Tesla每日快訊】 一體式壓鑄,「撞了就報廢」的謠言,被一拳打臉!🔥Tesla多頭的最新表態(2025/9/15-1)
大鱼聊电动· 2025-09-15 03:58
Gigacasting Impact on Automotive Industry - Thatcham Research's study reveals that repairing a Model Y with Gigacasting can be cheaper than repairing a traditional multi-part steel Model 3 under specific conditions [1] - Gigacasting optimizes force transmission, leading to more localized damage during impacts compared to traditional multi-part car bodies [1] - Tesla employs Gigacast Sectioning, a surgical repair method involving precise cutting and replacement of damaged sections with prefabricated parts [1] - The adoption of Gigacasting by Tesla is prompting other automakers, including Ford, General Motors, Volvo, and Chinese companies, to follow suit, potentially reshaping industry standards [1] Tesla's Future Prospects According to Analysts - Wedbush's Dan Ives maintains a $500 target price for Tesla, with an outperform rating, emphasizing the company's transition towards AI and Robotaxi dominance [2] - Ives predicts Robotaxi expansion to 30-35 US cities within a year, highlighting Tesla's first-mover advantage in the autonomous driving market [2] - Morgan Stanley's Adam Jonas, after driving 2200 kilometers with FSD v12.4.1, reports 99% autonomous driving completion, praising the experience and considering FSD a valuable investment [2] - Jonas expresses that he cannot imagine buying another EV without FSD [2] Musk's Vision for AI - Elon Musk views AI as a continuously evolving form of overall intelligence, rather than a final destination [2] - Musk believes AI will advance to the point where it can harness nearly all the energy in the galaxy [2]
X @Bloomberg
Bloomberg· 2025-09-12 23:25
Industry Trend - Hong Kong is discussing with multiple Chinese electric-vehicle makers to establish local EV manufacturing [1] - Hong Kong aims to diversify its ailing economy by developing advanced industries [1]
Fly-E Group, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before November 7, 2025 to Discuss Your Rights - FLYE
Prnewswire· 2025-09-12 12:45
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 [2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by false statements regarding the company's revenue outlook and sales projections [2][3]. - Defendants allegedly created a false impression of reliable information about Fly-E's projected revenue, while the actual demand for its electric vehicle (EV) products fell short [3]. - The complaint highlights that the defendants downplayed risks associated with lithium battery supply chains, regulatory environments, and demand fluctuations for Fly-E's E-Bikes and E-Scooters [3]. Group 2: Investor Information - Investors affected by the alleged fraud have until November 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions 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 U.S. [5].
X @Bloomberg
Bloomberg· 2025-09-11 22:06
Legal & Regulatory - The US SEC has moved to drop its case against the former head of Nikola [1] Company Status - Nikola, once a buzzy electric vehicle startup, has faced a stunning downfall [1]