Volvo cancels its highest-mpg hybrid. Kia might be thinking Mexico for its upcoming affordable EV. FIsker has gone belly up on the Ocean. And why don’t Americans drive their EVs more? This and more, here at Green Car Reports. The American EV startup automaker Fisker filed for bankruptcy Monday after it failed to gather enough new investment...
The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.
U.S. EVs average less annual mileage than other vehicle types, according to the Department of Energy (DOE). But that isn't the case in other countries with significant EV fleets. According to the 2022 National Household Travel Survey, EVs averaged 12,400 miles per year. That's compared to 14,100 miles for gasoline vehicles and a high of 17,500...
The Kia EV3 electric SUV could be assembled in Mexico for the U.S. market, a move that could allow it to be eligible for a federal tax credit and hit a $30,000 price point, reports Korean Car Blog (via Electrek). "Kia is developing a distinct North American model" of the EV3, to be built at the automaker's factory in Monterey, Mexico, starting...
Fisker filed for bankruptcy protection in Delaware The startup automaker estimates liabilities between $100 million and $500 million Fisker halted production with contract Magna Steyr in March Electric vehicle manufacturer Fisker on Monday filed for bankruptcy after the company failed to secure new investment to help get production of its Ocean...
The Volvo S60 sedan—which in Recharge form is currently the Swedish automaker's most efficient plug-in hybrid—is being discontinued in the U.S. Motor1 first reported that S60 production would end at Volvo's Ridgeville, South Carolina, factory (located near the city of Charleston) this month. That was telegraphed by Volvo in 2021, when...
Last week’s Tesla shareholder buzz brought some product and battery news. And at the same time that EV rejectors keep citing cost as the primary reason why they don’t work, the cost of new EVs keeps settling and used EV prices have plunged. This and more, here at Green Car Reports. We already knew that new EV transaction prices have...
Americans aren't very enthusiastic about EVs, with cost, range anxiety, and charging among the main concerns, according to a new consumer poll by the Associated Press–NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago (EPIC). Researchers polled 6,265 U.S. adults between March 26 and April 10...
Average used EV prices fell below average prices for used gasoline cars in February, and have continued to decrease since then, according to iSeeCars. Used EV prices stabilized in 2023, after roughly two years of surges, but they've fallen significantly so far this year, iSeeCars found in an analysis released earlier this month. That trend is...
Acting quickly after the European Union imposed extra tariffs of up to 38 percent on China’s electric cars, Beijing opened a trade case on Europe’s pork.