Search Results for: fsr

Over the next decade, automakers and electric vehicle (“EV”) startups alike will unveil dozens of new electric vehicle models. As the government looks toward achieving a carbon-neutral future, EVs have emerged as one of the best ways to reduce fossil fuel use and cut down greenhouse gas emissions. Companies in the automotive sector have already … Continue reading “Fisker Inc. (NYSE: FSR) Unveils First Fully Electric SUV”

China took the largest car exporter position in the world after it surpassed Japan during the first quarter of 2023. This increase is due to its rising electric vehicle sales and the opportunity to keep doing business with Russia. According to official numbers that were released a week ago, China shipped more than 1 million … Continue reading “China Surpasses Japan as Leading Car Exporter”

Quarter 1 of 2023 saw Hertz achieve a significant milestone in the journey toward electrifying its fleet. By April, the car rental company had 50,000 electric vehicles, accounting for 10% of the company’s whole fleet. By year’s end, rentals of electric vehicles are also expected to rise by five times to reach 2 million trips. … Continue reading “Hertz Global Announces Fleet Now 10% Electric”

The United States Environmental Protection Agency is anticipated to introduce tighter emissions controls to encourage significant reductions in emissions produced by motor vehicles as part of a strategy to encourage carmakers to significantly switch to electric cars. If these controls were to be put into effect, the light-duty cars with model years 2027–2032 are anticipated … Continue reading “EPA Drafts Tighter Emissions Controls to Boost Electric Vehicle Transition”

The cost of lithium, a key element in all EV batteries, has significantly decreased, making electric vehicles relatively affordable. This is great news for consumers. However, experts differ on the duration for how long low costs will persist. Several observers were surprised by the sudden changes because they had assumed that the prices would remain … Continue reading “Declining Lithium Prices Trigger Reductions, Boost EV Affordability”

Battery electric vehicle leases are overly priced, according to a recent T&E study of the used vehicle market. The European leasing deals for battery electric vehicles typically cost 57% more than deals for similar petrol versions. For instance, the monthly lease for a gas-powered Peugeot 208 is 371 euros ($393), while the monthly lease for … Continue reading “New Study Faults Companies for High EV Leasing Costs”

The globe’s first open experiment in “wireless charging” will take place later this year on a kilometer-long strip in Balingen, Germany. Its purpose is to demonstrate the viability of a technology that has long been seen as aspirational and innovative in the EV charging industry. BMW is one of many automakers that already offers cars … Continue reading “Wireless Charging Could Expedite EV Uptake”

Toyota and its management have been staunchly opposed to electric vehicles for nearly two decades, until recently when the company has been signaling that it is getting serious about electric vehicles. Early this month, Toyota presented a vintage concept vehicle that runs entirely on batteries as well as a new hybrid model at the Tokyo … Continue reading “How Toyota Fell Behind in Tapping EV Revolution”

Vintage trucks and cars’ conversion to electric vehicles is possible these days, thanks to Kevin Erickson and a small, rapidly growing network of engineers, tinkerers and businesspeople throughout the nation. Even though the converted cars face ridicule from some who claim they resemble some golf-pusher kind of vehicles, fully electric converters are turning into a … Continue reading “Muscle Car Conversion to EVs Emerges as Growing Trend”