Lucid Motors CEO Marc Winterhoff has urged Congress to preserve the $7,500 federal electric vehicle (EV) tax credit, warning that its elimination could cripple startups like his in a competitive market. As the Senate prepares to vote on a bill…
On April 24, 2025, Slate Auto, a Michigan-based electric vehicle startup, unveiled its game-changing Blank Slate pickup truck in Long Beach, California, promising to shatter the price barrier for EVs with a base cost of $20,000. Backed by Amazon founder…
Fisker Inc., the bankrupt Southern California electric vehicle maker, has received a subpoena from the Securities and Exchange Commission (SEC), potentially signaling an investigation into the company’s practices. This development, reported by the Los Angeles Times, adds another layer of…
Fisker, the struggling electric vehicle startup, has filed for Chapter 11 bankruptcy amid mounting financial woes and production challenges. The company, known for its Fisker Ocean electric SUV, had previously warned of a potential collapse due to insufficient funds to…
A Desperate Bid to Survive Electric vehicle (EV) manufacturer Fisker Inc. is closing its Manhattan Beach headquarters and relocating employees to La Palma, Orange County, as part of an effort to stave off bankruptcy. This move is coupled with a…
In the competitive world of electric vehicles, securing funds can make all the difference. Fisker Inc. has successfully managed to do just that. The EV startup recently announced it raised a whopping $150 million from a returning institutional investor. And…
Promising news from electric-vehicle pioneer Fisker: the company announced on Thursday an ambitious plan to ramp up production of its Fisker Ocean sports utility vehicle. By the fourth quarter, they’re looking at an impressive “300 units a day,” up from…
Tesla seems to have secured its position as the dominant player in the U.S. electric vehicle (EV) charging scene. With only a few minor battles left to fight, another significant adopter has jumped aboard. On Tuesday, EV newcomer Fisker confirmed…
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