As EV charging networks grow, Nio plans to keep boosting battery swapping

Nio battery stationChinese automaker Nio is the only company to achieve any real success with battery swapping, and it has no plans to stop anytime soon, according to a recent Reuters report. Nio plans to have 4,000 battery-swapping stations globally by 2025, according to the brief report, which quoted Nio president Qin Lihong. The company also plans to have 700...

Foxconn and Fisker confirm talks about making $30,000 EV in Wisconsin

Henrik Fisker with Project PEAR EVFoxconn and Fisker are in talks to build a $30,000 electric car in Wisconsin, local newspaper The Journal Times confirmed Thursday. Known as a contract manufacturer for the Apple iPhone, Foxconn announced plans for a Wisconsin factory in 2017, originally for large LCD screens. Reports about the Wisconsin factory as a possibility for EV production...

The 50-mpg club: 8 affordable cars making the best of high gas prices

2020 Hyundai Sonata HybridPandemic year or not, gas prices run on supply and demand. Those simple rules have again pushed up prices at the pump, leading many more Americans to once again think about fuel efficiency. Several unexpected things have driven the price hikes this time, including OPEC drama on the supply side, and a spike in demand due to a rapid recovery from...