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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. In September 2023, Fisker shared that it ramped production of the all-electric Ocean crossover SUV to 300 units per day.

Fisker 107
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Hertz announces ‘strategic decision’ to slash EV fleet

Teslarati

Hertz announced on Thursday in a regulatory filing with the SEC that it has made a “strategic decision” to slash its electric vehicle fleet by 20,000 vehicles. The EVs that Hertz has put up for sale will “remain eligible for rental” until they ultimately sell. ” Hertz inked a $4.2

Fleet 122
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Hertz now selling former Tesla rentals at bargain prices

Teslarati

As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices. All Tesla rentals from Hertz now allow mobile app access What are your thoughts? At this time, the lowest price available is $20,200 for a 2021 Model 3 Standard Range Plus.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

Volvo 95
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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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REE electric truck gets US nod for by-wire steering, braking, driving

Baua Electric

Israeli startup REE Automotive on Thursday announced that its P7-C electric chassis-cab truck is the first vehicle with entirely by-wire controls to be certified for sale in the U.S. With all mechanical components contained in the chassis, there are fewer restrictions on the body designs that can be placed on top of it.

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Costco members can save $1,000 on a new 2024 Cadillac LYRIQ for a limited time

Baua Electric

Despite such grand plans, the LYRIQ remains the only Cadillac EV for sale and has found early success. Beginning today, Costco members can save on a new 2024 Cadillac LYRIQ through the company’s auto program. For example, the 2023 and 2024 LYRIQs currently qualify for up to $7,500 in federal tax credits. In fact, 26.2%