Fisker Files for Bankruptcy Protection
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers.
The $25,000 Electric Car Is Coming to US Soon
With signs of slowing growth in the premium EV market, manufacturers have been working on a pivot from luxury to practicality. The $25,000 economy electric car is the industry’s new target.
Senators Ramp Up EV Pushback
Republicans in the Senate are taking aim at the Biden administration’s promotion of EVs, and Democrats are calling out the administration for a lack of progress on charging infrastructure.
Honda Launches Long-Awaited Electric Van Starting at $15,550
Honda will launch its long-awaited electric van in October, starting at $15,550, as it pushes forward with its decarbonization goals despite a slowdown in electric vehicle sales.
Thieves Target EV Charging Stations for Copper Wiring
Thieves have been targeting EV charging stations, intent on stealing the cables, which contain copper wiring.
Real-World Mileage Standard for New Vehicles Rising
WASHINGTON — New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules.
Some Long-Range EVs Now Cost Less Than Average New Car in US
The automotive industry has produced the first long-range EVs that are cheaper to buy than the average gas-powered car.
ABB Considers Sale of Some Electric Mobility Assets
ABB Ltd. is considering selling part of its e-mobility business, which includes electric vehicle charging stations worldwide, including the U.S.
Poll: Many Americans Still Shying Away From EVs
WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of charging stations are major sticking points, a new poll shows.
Mercedes and Stellantis Press Pause on EV Battery Factories
Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.