Fisker has slashed prices on its Ocean electric SUV as it looks to relieve a glut of unsold vehicles. In a move that it calls "strategically positioning Ocean to be a more affordable and compelling EV choice," the company on Wednesday announced significant price cuts on the 2023-model-year vehicles that represent the majority of the current Ocean...
Fisker has slashed prices on its Ocean electric SUV as it looks to relieve a glut of unsold vehicles. In a move that it calls "strategically positioning Ocean to be a more affordable and compelling EV choice," the company on Wednesday announced significant price cuts on the 2023-model-year vehicles that represent the majority of the current Ocean...
The 2025 Polestar 4 electric SUV coupe will be available to order in April with a starting price of $56,300. U.S. deliveries are scheduled to start in the fourth quarter. The starting price, which includes a $1,400 destination charge, applies to base Long Range Single Motor models. Polestar will also offer Pilot Pack ($57,800), Pro Pack ($58,300)...
Ferrari on Tuesday signed a memorandum of understanding with battery supplier SK On for future battery development. The two companies will partner to "explore new possibilities and potential solutions to advance cell technology," according to an SK On press release. This is in addition to an existing battery-supply arrangement in place since 2019...
China has filed a complaint against the Biden administration's EV incentive policy with the World Trade Organization (WTO), Bloomberg reports. New rules for the federal EV tax credit enacted in 2022 as part of the Inflation Reduction Act are "discriminatory" and "seriously distorted" the global EV supply chain, the Chinese Ministry of Commerce...
Battery supplier CATL is developing faster-charging battery cells for Tesla, according to Bloomberg (via Automotive News). CATL chairman Robin Zeng mentioned this project in an interview with Bloomberg in Hong Kong on Monday, in which he also confirmed that CATL is supplying equipment for Tesla's Nevada battery factory. Zeng also mentioned Tesla's...
Jaguar is recalling a small number of earlier-build I-Pace electric SUVs due to "multiple technical issues" that elevate the risk of battery fires. Just 258 U.S. vehicles made between March 1, 2018 and May 31, 2018 (all 2019 models) are included in the recall. Jaguar delivered the first I-Pace in North America in October 2018, and it was the first...
BMW continues to preview its next-generation EVs with a new concept car, while also providing a bit more detail on some of the engineering for these new models, which are due to start production next year. The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025. It follows the...
Hyundai, Kia, and Genesis are recalling nearly 150,000 EVs in the U.S. over an electronics issue that may cause 12-volt batteries to lose charge while driving. The recall population includes 98,878 Hyundai and Genesis EVs from model years 2023 and 2024—including the Hyundai Ioniq 5, Hyundai Ioniq 6, Genesis GV60, Genesis Electrified GV70...
Shell plans to eliminate some of its current gas stations while putting further emphasis on EV charging. "We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs," Shell said in its 2024 Energy Transition Strategy report (via Yahoo! Finance). That includes plans to...