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”

Shares of Chinese company Xiaomi soared by 16% after the Beijing-based tech company launched an electric sports car to significant market interest. Although there were predictions of Xiaomi losing close to $10,000 per car in 2024, its shares surged as investor interest in the tech firm exploded following its announcement and reached their highest level … Continue reading “Chinese Tech Company Sees Shares Rise 16% After EV Launch”

U.S.-Cuba diplomatic relations took a step forward recently when Texas-based carmaker Tesla exported the first American electric vehicle to Cuba. The arrival of the white Model Y at the Mariel Port dock in Cuba represents a historic moment in the auto industry as well as U.S.-Cuba relations and international trade. With Cuba finally turning away … Continue reading “Film Highlights First EV Export from America to Cuba”

Japanese automaker Honda recently unveiled concepts for two new electric vehicles at Las Vegas’ Consumer Electronics Show (CES). The debut of the two new concept EVs served as an early preview of Honda’s upcoming line of EVs. This line of EVs will begin with the Honda 0 Series, which is slated to begin production in … Continue reading “Honda Unveils Concept Cars in New EV Line”

A couple from Aberdeen recently made history when they completed a pole-to-pole electric vehicle challenge and drove from the Arctic to Antarctica in an EV. The husband and wife team began their over 18,000-mile trip in March in a solar and wind-powered electric car, becoming the first people in the world to complete the trip … Continue reading “Aberdeen Couple Completes Pole-to-Pole EV Challenge”

Americans may soon have to contend with higher electric vehicle prices after the federal government announced new regulations designed to limit the nation’s reliance on Chinese electric vehicle batteries. According to the Biden administration, the proposed rules would cut government subsidies for electric cars with battery components made in China or companies with strong ties … Continue reading “New US Treasury Rules on China-Made Batteries Could Increase EV Prices”

Some experts predict that electric vehicle demand in Europe will drop as potential EV drivers in the region wait for electric cars to become more affordable. Many European Nation countries have pledged to electrify their vehicle fleets over the next few decades as part of a coordinated effort to curb global warming and climate change. … Continue reading “Drop in Demand Expected as European EV Buyers Wait for Less Costly Models”

Japanese automakers are poised to debut a variety of electric vehicle models at an upcoming auto show in a bid to catch up to EV industry leaders Tesla and BYD. Toyota, Japan’s largest vehicle brand, has been slow to take to electrification and is one of the only major automakers with barely any footprint in … Continue reading “Japanese EV Makers to Showcase Upcoming Models at Auto Show”

Drivers in America are only a few months away from gaining instant access to electric vehicle tax relief instead of waiting months for tax season to arrive. Like several other governments, the U.S. government has invested billions of dollars into developing electric vehicle infrastructure in the country and accelerating EV adoption. However, U.S. drivers interested … Continue reading “US Motorists Could Soon Instantly Access EV Tax Relief”

After more than a decade of high electric vehicle prices, oversupply in the nascent EV market is causing EV prices to plummet. Average Tesla prices have fallen by close to 20% over the past year, and other EV makers in other major markets are cutting their prices to remain competitive in an increasingly saturated market. … Continue reading “EV Prices Drop as Inventory Levels Grow”