For the second time this year, EV start-up Fisker has scaled back production plans, and now expects to roll out half as many Ocean SUVs as it planned at the beginning of the year. But that was fine with Wall Street, its stock price rising nearly 9% as the week came to a close. Headlight.News looks at what’s behind the cutback, and why it pleases investors.
The race is on to build a better EV, one delivering enhanced range and lower costs, among other things. Most of the attention has focused on next-generation batteries. But Hyundai is betting it has come up with a critical breakthrough by, quite literally, reinventing the wheel. Headlight.News checks out the Hyundai Uni Wheel.
With EV sales growth slowing down, General Motors “is currently assessing” its massive investment in battery-electric vehicles. And, while it remains committed to CEO Mary Barra’s “path to an all-electric future,” it will shift more emphasis to the hybrids and plug-ins it was planning to abandon. And other automakers, including Ford and Stellantis, are likewise shifting direction. If anything, this validates Toyota’s strategy calling for a mix of EVs, hybrids and PHEVs, reports Headlight.News.
After a long delay, BMW is flooding the market with EVs, and the i5 is one generating plenty of buzz, especially the top-trim M60 edition. Like all M models, it promises a blend of power and luxury. But does it all come together? That’s what Headlight.News set out to discover during a day’s drive of the 2024 BMW i5 M60 near the automaker’s manufacturing complex in Spartanburg, South Carolina.
Ford is rethinking its commitment to battery-electric vehicles, at least in the near term, company officials revealed during an earnings call. It might seem a logical move considering the automaker lost about $37,000 on every EV it sold during the third quarter. But Ford is by no means the only automaker rethinking its commitment as growth in the electric vehicle market slows. Read the story at Headlight.News.
It’s four years since the last Tokyo Motor Show took place, and even then, it was fading into obscurity. Organizers hope to give it a boost of adrenaline in an updated form — and with a new name. While foreign brands are largely absent, again, there’ll be lots happening at the new Japan Mobility Show as the nation’s automakers charge in with an assortment of all-electric concepts and production models.
When the 2022 Ford Maverick went on sale and became a huge hit, you could hear the scrambling of competing automotive executives rushing to their design studios to come up with something similar. Of course, coming up with a new compact pickup takes years, and in the...
The Nissan Hyper Punk is easily the edgiest of four EV concepts the automaker will formally reveal at the Japan Mobility Show in Tokyo next week. The body looks like it emerged from an origami studio. But the Hyper Punk concept could easily find a fit in Japanese manga – or, as it turns out, the Fortnite online game.
Within a week of its 2019 launch, Tesla claimed to have logged 250,000 advance reservations for the Cybertruck, and CEO Musk claims the number is now up to 1 million. Yet, even with the all-electric pickup finally in production, it very well could turn into a bust, CEO Elon Musk telling investors and analysts “We dug our own grave with the Cybertruck.”
As Hyundai, Genesis and Kia Sign On, Here Are the Automakers Adopting Tesla’s NACS Charging Standard
Hyundai, Genesis and Kia are the latest brands set to migrate to Tesla’s NACS plug and Supercharger network. Headlight.News looks at why, and also lists the other EV manufacturers partnering with Tesla.