“Fisker’s Desperate Measures: Cannibalizing Cars for Warranty Repairs”

Struggling electric vehicle company, Fisker, is facing financial challenges and resorting to slashing prices on its electric SUV and seeking a buyout. Reports suggest that Fisker is using parts from unsellable cars to fix issues on vehicles already sold to customers, raising concerns about the quality and safety of the Fisker Ocean. If the company fails to find a buyer, owners may face difficulties getting repairs as parts supplies would likely dry up. The best hope for owners is for the company or its assets to be purchased by another entity.

Fisker Inc. Announces Layoffs to Preserve Cash as Bankruptcy Looms

Facing financial difficulties and potential bankruptcy, EV startup Fisker Inc. is laying off employees to preserve cash and explore options. Founder and CEO Henrik Fisker is committed to finding buyers or capital infusion. With a recent workforce reduction and limited cash on hand, the company hired a chief restructuring officer to oversee budget approval and potential sale decisions. Fisker Inc.'s struggles highlight the challenges of the competitive EV industry and the need for substantial investments. While success is not guaranteed, startups must manage finances, secure partnerships, and deliver innovative products to compete. Fisker Inc. must strategically navigate these challenges to establish itself in the EV industry.

Tesla’s Product Roadmap Shifts to Focus on More Affordable Models, Accelerated Launch Expected

"Discover why Tesla is revamping its product roadmap in response to pressure on electric vehicle (EV) sales. CEO Elon Musk reveals plans for more affordable models and accelerated production, causing Tesla's stock to soar. Learn about the challenges and trade-offs involved, as well as the potential for substantial growth. Find out more on August 8th."

Tesla Unveils New Performance Model 3 with Enhanced Features

Discover the new Tesla Model 3 Performance, designed to combat declining demand. With upgrades such as an active damping system, adaptive suspension, and improved battery range, this high-performance sedan offers an exhilarating driving experience. Learn how Tesla's commitment to innovation and customer satisfaction shines through in this article.

The US Government Expresses Concern over Mexico’s Support of Chinese Automakers

Discover why Mexican government officials have halted meetings with Chinese carmakers amid concerns from American politicians. Learn how China's investments in Mexico's automotive sector could bypass import tariffs and gain cheap access to the US market. Find out how the United States is pressuring Mexico to reconsider its relationship with China and the implications this could have on the North American automotive industry.

Rivian’s Innovative Approach: Public Charger Ratings Shared Among EV Owners

Looking for reliable public charging stations for your electric vehicle? Rivian has developed a grading system to assess charging stations based on factors like speed, payment ease, and functionality. By sharing this valuable information with customers, Rivian aims to eliminate charging anxiety and provide a stress-free experience. With plans to expand their charging infrastructure and incorporate customer feedback, Rivian is committed to enhancing the electric vehicle ownership journey. Discover how this innovative approach is revolutionizing the public charging landscape.

Nissan Aims to Beat Toyota in Solid-State Battery Technology

Discover how Nissan is aiming to surpass its competitors in the electric vehicle (EV) industry by developing highly energy-dense solid-state batteries. With plans to produce its first prototype batteries by 2025 and commercially available batteries by 2028, Nissan is setting an aggressive timeline that puts it ahead of Toyota. Learn about Nissan's projected production capacity and the challenges associated with solid-state battery technology. If successful, Nissan's ambitious plans could shape the future of the EV industry. Read more here.

Ford’s BlueCruise System Active in Fatal Texas Crash: NTSB Report

Discover the latest on the Ford Mustang Mach-E crash in Texas involving the BlueCruise system. The incident raises concerns about Ford's hands-free driver assistance technology and marks the first known death related to BlueCruise. Similar to Tesla's Autopilot, the system is now under investigation by the NTSB and the NHTSA. Get the details on the crash, the investigation, and the ongoing scrutiny of Ford's technology.