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Fisker Again Scales Back Production Plans – And Investors Applaud

Fisker Again Scales Back Production Plans – And Investors Applaud

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.

GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins

GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins

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.

First Drive: 2024 BMW i5 M60 – Is This The Ultimate Electric Driving Machine?

First Drive: 2024 BMW i5 M60 – Is This The Ultimate Electric Driving Machine?

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 Rethinks its Costly EV Program – and it’s Not Alone

Ford Rethinks its Costly EV Program – and it’s Not Alone

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.

Here’s What’s Coming to the Nearly All-Electric Japan Mobility Show

Here’s What’s Coming to the Nearly All-Electric Japan Mobility Show

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.

Nissan Hyper Punk Concept Merges Traditional Origami with the Edgy Manga Lifestyle

Nissan Hyper Punk Concept Merges Traditional Origami with the Edgy Manga Lifestyle

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.

Tesla Cybertruck a Bust? “We Dug Our Own Grave,” Says Musk

Tesla Cybertruck a Bust? “We Dug Our Own Grave,” Says Musk

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.”