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Fisker Shares Collapse After Bankruptcy Report

Fisker Shares Collapse After Bankruptcy Report

Danish automotive designer and entrepreneur Henrik Fisker may be heading for a second bankruptcy. Shares of Fisker went into freefall Thursday after the Wall Street Journal reported the executive’s latest car company is seeking the help of restructuring experts in preparation for a possible bankruptcy. Earlier this month, Fisker advised analysts and investors the startup is facing going-concern risks due to slow sales and weak revenues. It is unclear whether a potential tie-up with Nissan will be enough to overcome a fast-worsening cash crunch.

“High Likelihood” Nissan Will Invest $400 Million in Alliance with Fisker

“High Likelihood” Nissan Will Invest $400 Million in Alliance with Fisker

Struggling Fisker Inc. could get tossed a lifeline by Japan’s second-largest automaker. In turn, Nissan could gain some much-needed momentum as it struggles to catch up to key competitors in the EV market, according to a new report. A deep source, meanwhile, tells Headlight.News “there is a high likelihood” the alliance could come together in the coming month.

Q&A: Chris & Julie Ramsey Talk About Their 10-Month, Pole-to-Pole Journey in an EV

Q&A: Chris & Julie Ramsey Talk About Their 10-Month, Pole-to-Pole Journey in an EV

Julie Ramsay had no idea what to expect when husband Chris Ramsey bought his first Nissan Leaf a decade ago — but the two quickly fell in love with EVs and, since then, have headed out on a series of adventures to test the limits of the technology and disprove many of the myths about battery technology. They first drove entirely around England, then took a 10,000-mile adventure to Mongolia. Their latest adventure set a new record, driving 22,000 miles over 10 months from the North to South poles. In an exclusive interview, Headlight.News spoke with the Ramseys about their pole-to-pole adventure – and what might be next.

Mitsubishi Turns to Allies to Flesh Out its Meager Lineup

Mitsubishi Turns to Allies to Flesh Out its Meager Lineup

Despite a modest increase in sales last year, Mitsubishi Motors earnings took a tumble during the most recent quarter. Bargain-basement pricing and rising incentives took much of the blame. But it hasn’t helped that the automaker has a miniscule product lineup that leaves little for dealers to sell. Company officials now hope to tap allies Nissan and Renault to help add new products to help put Mitsubishi back on the radar, especially in the critical U.S. market.

EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.

Dozens More EVs Coming in 2025 and 2026

Dozens More EVs Coming in 2025 and 2026

At least 40 new battery-electric vehicles are due to reach U.S. showrooms in 2024 — and that’s a conservative estimate as we’ve had a number of surprises dropped on us by both domestic and foreign-owned brands. If anything, the flood of EV offerings will likely accelerate going forward. Here’s a look at some of the models we’re expecting in 2025 and 2026. Headlight.News checks out 45 of them.