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NIO CFO says confident of meeting this year's sales target

CN EV Post

| NIO US | NIO HK | NIO SG An NIO (NYSE: NIO) executive re-emphasized the electric vehicle (EV) maker's confidence that it will meet its goal of doubling sales this year, at a time when the Chinese auto industry has been weak overall so far this year. "We We expect the industry to go through some profound consolidation," Feng said."It's

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Volvo enters autonomous driving market via company acquisition

Teslarati

While many automakers now view autonomous driving products as the auto industry’s future, recent history has shown that it can be a highly volatile market. Now Volvo hopes to try its hand, buying out autonomous driving software and hardware supplier Zenseact. What do you think of the article?

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

The auto industry is a relatively small chip end-user, but it’s growing fast. By the time car makers realized people still wanted to buy their goods they found themselves at the back of the line for the chips they needed. This article appears in the August 2021 print issue as “How and When the Chip Shortage Will End.”

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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

I’m estimating 28,000 as an executive with a leading auto analyst firm confirmed to me privately that their registration estimates for 2021 put the RAV4 Prime and Wrangler 4xe as a toss up. Auto Industry Analyst. I can’t tell you our exact number but if they beat RAV it was very narrow. Flip a coin. Leased mine.

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Tesla shares rebound over 9% from post-earnings pullback

Teslarati

Past post-EC trading days have treated Tesla investors with the perfect inner struggle: Buy more or keep what I have? Nevertheless, Tesla shares are on their way back up, along with many others in the auto industry, including Ford ( NYSE: F ), which gained nearly 4% at the time of writing, and Rivian ( NASDAQ: RIVN ) up almost 12%.

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Opinion: Politicians Are Lying About Biden's EPA Rule

The Truth About Cars

I get fired up about this kind of stuff not because I approve of the rule -- I honestly haven't given thought to whether it will be effective or not, and any opinion/analysis discussion about it is best set aside for a separate article -- but because I am tired of self-interested politicians blatantly lying to our faces. Fear is effective.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Here’s a quick timeline of the key incentives based on information from the Norwegian Electric Vehicle Association : The key benefit for EV owners remains the green tax deals on buying (no purchase or import tax), leasing (no VAT on leased EVs) and owning EVs (no road tax, reduced company car tax).

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