Core Viewpoint - Mullen Automotive has finalized a settlement with GEM Yield Bahamas Limited and GEM Global Yield LLC, resolving all outstanding legal disputes and allowing the company to focus on its operational priorities moving forward [1][2][3] Company Overview - Mullen Automotive is an electric vehicle manufacturer based in Southern California, with two vehicle plants located in Tunica, Mississippi, and Mishawaka, Indiana [4] - The Mishawaka facility spans approximately 780,000 square feet on nearly 58 acres, originally constructed for Hummer H2 production by General Motors [4] Recent Developments - Mullen began commercial vehicle production in Tunica in August 2023, with the Mullen ONE and Mullen THREE receiving CARB and EPA certification as of January 2024 [5] - The company has established a commercial dealer network across key U.S. markets, including the West Coast, Midwest, and New England [5] - Bollinger Motors, a majority-owned subsidiary of Mullen, launched production of its Class 4 electric truck, the B4, on September 16, 2024, and has developed a dealer network with over 50 locations [6]

Financial Data and Key Metrics Changes - Net revenue for Q1 2025 was USD 657 million, a 150% increase year over year and largely in line with Q4 2024 [27] - Cost of goods sold for the quarter was USD 888 million, an increase of 113% year over year and down 25% quarter over quarter [27] - Q1 2025 gross margin was -35%, an improvement from -59% in the same period last year [27] - Net loss for the quarter was USD 712 million, with a net loss margin of -109%, compared to -226% in Q1 2024 [30] Business Line Data and Key Metrics Changes - In Q1 2025, VinFast delivered 36,330 electric vehicles, representing a 296% increase year over year and a 32% decline quarter over quarter [7] - Two-wheeler deliveries reached 44,904 units, marking a 473% year over year increase and a 44% rise quarter over quarter [8] - B2C deliveries accounted for over 70% of total sales for three consecutive quarters through Q1 2025 [9] Market Data and Key Metrics Changes - In Vietnam, VinFast's market share of overall auto sales increased to nearly 40% in Q1 2025 from approximately 20% last year [15] - EV penetration in Vietnam reached nearly 40% in Q1, while BEV adoption in Indonesia was 7% and 3% in The Philippines [11] - Vietnam led Southeast Asia in automotive sales growth with a 24% year over year increase [15] Company Strategy and Development Direction - VinFast aims to double vehicle deliveries in 2025 and maintain strong momentum into 2026 [39] - The company is transitioning from a direct-to-consumer model to a dealer-based model to enhance efficiency [28] - New vehicle platforms and EE architecture are expected to drive long-term cost savings and operational efficiency [26][22] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about improved operating leverage driven by economies of scale [6] - The company is focused on scaling operations, accelerating product development, and executing cost optimization to achieve profitability [39] - Management acknowledged the challenges posed by global macroeconomic and trade uncertainties but remains committed to growth [7] Other Important Information - CapEx for Q1 2025 was USD 147 million, down 24% year over year and 40% quarter over quarter [30] - As of May 31, liquidity stands at approximately USD 2.4 billion, including various loans and grants [32] Q&A Session Summary Question: Timeline on new factories in Vietnam, India, and Indonesia - All facilities in Asia are expected to start operations this year, with the India factory opening in July [36] Question: Key catalysts for investors in 2025 - Growth will be driven by deeper market penetration in key international markets and new product offerings [39] Question: Timing of CapEx and when it might peak - Total CapEx planned for 2025 is USD 800 million, with over 50% allocated to R&D [44] Question: Expansion into the bus market - Deliveries of buses have already started in Vietnam, with plans to expand into other markets [46] Question: Average selling price (ASP) trajectory for the rest of the year - ASP for Q1 2025 was around USD 15,000, expected to remain under USD 20,000 for the full year [49] Question: Variable margin versus fixed costs in production - Variable costs are being optimized, with expectations for improvements in gross margin by 2026 [51] Question: Rationale for closing B2C showrooms in North America and Europe - Transitioning to a dealership model to enhance efficiency and scale globally [61] Question: Liquidity status - Total cash burn for 2025 is expected to be around USD 2 billion to USD 2.5 billion [64]

four or five months in a row now we've seen weakness there and the newer some new numbers came out recently from the various sort of uh auto bodies that are in European countries and you know the numbers are pretty staggering France down 67% Sweden 544% Denmark 30% you know you had a couple things at play here right we had the new Model Y coming out that may have helped sales in Norway unfortunately the the cheapest version is not out yet fully in European markets so we'll see that happen maybe that'll goos ...

Thursday’s dramatic fight between President Trump and Tesla CEO Elon Musk, his political ally and donor, sent Tesla stock down more than 14%.This is just the latest episode in a long string of bad news for Tesla TSLA.The stock, which was trading at around $300 per share on Friday, is down 25% for the year but has gained 11% over the past three months. Poor domestic and international sales, as epitomized by Tesla’s market share in car-mad Germany being down 36% year-to-year, concerns over robot taxi safety a ...

AIEV Received Approval to Trade on the OTCQB Venture Market effective June 5, 2025WILMINGTON, Del., June 6, 2025 /PRNewswire/ -- Thunder Power Holdings, Inc. (OTCQB: AIEV) ("Thunder Power" or the "Company"), a technology innovator and developer of premium passenger Electric Vehicles ("EVs") whose acquisition strategy is focused on addressing strategic gaps in the EV sector with a diversified approach across the clean energy value chain, today provided listing and operational updates.Highlights AIEV received ...

Core Viewpoint - Fly-E Group, Inc. has successfully closed a public offering of 28,595,553 shares of common stock and 57,191,106 warrants, raising approximately $6.94 million in gross proceeds, which will be used for inventory purchases, production costs, and working capital [1][2]. Group 1: Offering Details - The public offering price was set at $0.2428 per share, with each share sold together with two warrants, each exercisable at an exercise price of $0.2913 [1][2]. - The offering closed on June 4, 2025, and the warrants are exercisable immediately, expiring on the fifth anniversary of the issuance date [1][2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards purchasing inventory, covering production costs of vehicles, and supporting working capital needs [2]. Group 3: Company Overview - Fly-E Group, Inc. specializes in designing, installing, selling, and renting smart electric motorcycles, electric bikes, and electric scooters under the brand "Fly E-Bike," promoting eco-friendly transportation [5].

Core Insights - China's technology sector is expected to show resilience in H2 2025, leveraging global trade pressures to foster indigenous innovation despite facing significant U.S. tariffs and export restrictions [2] - Major Chinese tech companies are pivoting investments towards AI infrastructure and emerging technologies, with strong demand for AI outpacing supply [2] - The semiconductor industry in China has captured over 25% of the global market share in advanced packaging technologies, showcasing its competitive edge [5] Company Highlights - **NetEase**: - Demonstrated strong financial momentum with Q1 2025 gaming revenues increasing by 12.1% year over year to RMB24.0 billion and net income rising by 35% to RMB10.3 billion [9][11] - Upcoming game titles and a robust pipeline position the company for growth in the second half of 2025 [10][11] - **Alibaba**: - Reported Q4 fiscal 2025 non-GAAP earnings surged by 23% year over year to $1.73 per ADS, exceeding estimates by 16.89% [12][13] - The Cloud Intelligence segment achieved 18% revenue growth, with AI-related products maintaining triple-digit growth for seven consecutive quarters [12] - **Taiwan Semiconductor**: - Achieved Q1 2025 revenues of $25.53 billion, a 35% year-over-year increase, with net income rising by 53% to nearly $11 billion [15] - Plans to increase capital spending to between $38 and $42 billion in 2025 to meet growing AI-driven demand for advanced chips [16] - **Tencent**: - Reported Q1 revenues of RMB180 billion, a 13% year-over-year increase, with gaming division growth accelerating [17] - Integrated AI capabilities are enhancing user engagement and advertising effectiveness, positioning the company favorably in the market [18][19] Industry Trends - The robotics sector in China is advancing with innovations such as sophisticated humanoid robots, while the electric vehicle ecosystem is bolstered by companies like Zeekr and Great Wall Motor [6] - Augmented reality companies in Beijing are developing advanced AR solutions, reflecting China's strategy to lead in high-tech sectors [7] - The overall technological advancements and significant investments in development present substantial growth opportunities for investors in the Chinese tech landscape [8]

大家好我是大鱼 今天的资讯 包括下面几个消息 1. 特斯拉进军中国农村！ 2. SpaceX的最新消息 关注这些领域的朋友 不要错过 今天重要的内容 OK let's go 第一部分 特斯拉进军中国农村！ Tesla的Model 3和Y 终于被纳入中国的 农村电动车推广计划了 这可是个大消息！ 这个推广计划是由 中国工业和信息化部（MIIT） 与其他五个部门 共同发起的 目的是在中国的农村地区 推广电动车和混合动力车 汽车下乡活动 在中国已经进行多年 该活动最早于 2009年推出 当时主要针对燃油车 通过提供购车补贴 减免税费等方式 鼓励农村居民购买汽车 以扩大内需 并促进农村经济发展 近年来 随着新能源汽车的普及 该活动逐步转向 推广新能源车 旨在加速农村地区的 绿色交通转型 并支持中国的碳中和目标 当然更重要的目的 也是消化新能源车 行业的过剩产能 活动通常由中国工信部 （MIIT）等部门组织 会发布一份符合补贴 或推广资格的车型名单 涵盖多个品牌和车型 车企需满足一定条件 如车辆价格 技术标准等 才能最终入选 参与活动的车型 通常能享受政府补贴 税收优惠或其他 促销政策 这对农村消费者 来说降低了购车门 ...

ab 31 May 2025 Global Research Global Electric Vehicle Battery Makers Monthly Recharge: EV Survey and US EV Policy Intention to buy BEV declines 5 ppts y/y to 41%, impacting EV battery demand Our UBS EV consumer survey covers six of the largest car markets including the US, China, and Germany. Globally, the share of people considering buying a BEV declined 5 ppts y/y to 41%. Our 2030E Global EV penetration downward revision of 8 ppts to 41% is largely driven by changes in ex-China markets. For the US/EU we ...

大家好我是大鱼 今天的资讯 包括下面几个消息 1. 特斯拉为何不急着 在印度建厂？ 2. 特斯拉生产经营 方面的消息 3.其他车企的消息 Hyundai Nissan Volvo 关注这些领域的朋友 不要错过 今天重要的内容 OK let's go 先说特斯拉的股票 周二收盘是342.69% 全天了下跌3.77%美元 跌幅是1.09% 美国三大股指 纳指上涨0.64% 道指上涨0.1% 标普上涨0.42% 第一部分 特斯拉为何不急着 在印度建厂？ 印度政府最近抛出了 一个电动车激励计划！ 根据Reuters 这项政策允许 汽车公司只要在印度 投资5亿美元 来建电动车工厂 就能每年进口最多 8000辆电动车 关税将从原本的 70%或100%降到15% 这差别有多大？ 比如你买一台 35000美元的电动车 原本得付 24500美元的关税 现在只要5250美元 基本就是以前 买两辆的钱 现在可以买三辆了 政策要求车厂在 三年内开始当地生产 第五年要达到50% 的当地价值增值 确保印度能从中 获得实质的经济效益 而且这政策有可能 不只针对新工厂 印度政府还考虑让车厂 用现有工厂生产 电动车也能 纳入激励计划 这对已经 ...