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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

. “I went to my accounting department and asked what is the cost of selling a car? We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. “When the consumer comes in to see that car, we want that to be separate.

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Low-cost 5V dual carbon battery development for EV 

Electric Vehicles India

Low-cost 5V dual carbon battery development for EV . It is the most sustainable and low-cost battery that can be used in high-voltage applications, battery-operated medical devices, stationary grids and regenerative braking systems in electric vehicles. CART researching on driverless electric cars.

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SPX and Aker Wade partner to develop new low-cost fast chargers for EVs

Green Car Congress

SPX Service Solutions, a business unit of SPX Corporation ( earlier post ), and Aker Wade Power Technologies, LLC, a designer and manufacturer of advanced fast charging systems ( earlier post ), signed a letter of intent jointly to develop a new family of practical electric vehicle (EV) fast chargers for the global vehicle market.

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. In February, sales of the electric SUV surged 64% year over year. Ford’s Model e electric vehicle unit lost $4.7 Ford Mustang Mach-E (Source: Ford) At least one dealer is seeing the results.

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Ford unveils F-150 Lightning electric pickup; starting at $39,974; arriving in 2022

Green Car Congress

Ford unveiled the F-150 Lightning battery-electric pickup. F-150 Lightning represents all that our country can do when we push for progress. We’re not here to make an electric truck for the few—Ford is committed to building one that solves real problems for real people. —Ford President and CEO Jim Farley.

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Volkswagen Group sets up new group company for energy and charging: Elli

Green Car Congress

The name “Elli” stands for “electric life”, because we intend to enable a lifestyle that fully integrates the electric car in people’s everyday lives. In future, customers will not only meet Volkswagen in dealerships and in their vehicles but also in their homes, where half of all electric car owners charge their vehicles.

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Kia taps former Mercedes, BMW designers to lead the brand’s EV transition in key regions

Baua Electric

Kia EV lineup from left to right: EV6, EV4, EV5, EV3, EV9 (Source: Kia) You can see the brand’s new “Opposites United” design theme in the new all-electric EV6 and EV9. Kia is also planning to release a series of low-cost EVs , starting with the EV3 later this year, with expected prices around $30,000.

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