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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

The startup is now turning to auto dealerships for sales and services. “I went to my accounting department and asked what is the cost of selling a car? We want it to be a low-cost entry for dealers,” the CEO said, If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.

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Li-Metal successfully produces lithium metal directly from lithium carbonate at Ontario pilot plant

Green Car Congress

This reduces the environmental impact of Li-Metal’s lithium metal production and minimizes the need for costly treatment equipment, enhancing the cost-effectiveness of the Company’s technology.

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Cost Parity?: Two Dozen EVs “Available” in the US Start At Less Than $45,000

EV Adoption

One of the top hurdles to EV adoption in the US is the often touted issue that EVs simply cost more than similar gas-powered vehicles. But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000.

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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

CARB’s ZEP Executive Order is a certificate of compliance with CARB regulations for zero-emission powertrains determined to meet specific emissions standards required for sale in California. HVIP is intended to advance commercialization and to help reduce the total cost of ownership of advanced commercial vehicles in the state of California.

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Lucid Motors (LCID) updates its 2024 model year Airs, including lower prices and a RWD Pure

Electrek

This morning, Lucid Motors shared details of its 2024 model year Air sedans, which are available for sale starting today. While the updates are minimal, Lucid is offering more customization options across its flagship EV, three of which (should) see lower pricing… some at the cost of some performance.

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Hertz continues to feel EV losses, plans to dump more from its fleet

Teslarati

Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale. 119 of the $339 was related to EVs held for sale. Additionally, higher-than-expected maintenance costs put pressure on margins. The losses continued in Q1. Tesla inks $4.2B

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Delaware adopting California’s ZEV regulations

Green Car Congress

The regulations mandate that a certain percentage of the vehicles delivered for sale in a state are ZEV vehicles. Each year, manufacturers must meet a ZEV credit amount that is based on average annual sales. Electric vehicles also tend to have lower maintenance costs than gasoline cars, which also reduces ownership costs.

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