Fisker on Thursday said it would add franchised dealerships alongside company-owned showrooms, pivoting away from the pure direct-sales model previously discussed.
"We are evolving our business model and intend to add as many as 50 dealer partners in the U.S. and Canada and a similar number of dealer locations in Europe this year," CEO Henrik…
It seems Tesla didn't just have a great year on the new car sales front. The electric brand's most affordable electric car, the Model 3, was the most popular used EV in the United States in 2023, according to data provided by online sales aggregator iSeeCars. This isn't a new trend. The Model 3 also held the top…
Hyundai, Kia, and Samsung announced a partnership Thursday to expand connectivity between vehicles and in-home devices—with potential benefits for EV owners.
The aim is to allow Hyundai and Kia owners to remotely control appliances via their cars' infotainment systems, and also use smart speakers and televisions or smartphone apps to control certain vehicle functions from…
At the end of last year, Tesla hit a new record moving more metal than it ever has in one quarter. The king of the pack, the group leader, is the Model Y, which is by some metrics the world’s best-selling car. But in the face of a radically changed EV market, will the Model…
Nissan vehicle sales in the United States during the fourth quarter of 2023 increased by 4.8% year-over-year to 185,878. The total result in 2023 amounted to 834,097 units (up 22.2% year-over-year). This positive general outcome has been accompanied by a significant increase in all-electric car sales during the quarter and in 2023. …
Trekking bikes, also known as hybrid bikes, have been around for a long time. Blurring the lines between a mountain bike and a road bike, trekking bikes occupy more of a niche market following the mainstream popularity of gravel bikes. While mountain bikes and gravel bikes cater to more serious, performance-oriented riders, trekking bikes are…
In December, Ford and Lincoln sold 192,343 vehicles in the U.S., along with almost 2 million units moved for all of 2023. Both represent a 7% increase year-over-year and a noticeable rebound from the pandemic for the Ford Motor Company. Meanwhile, sales of Ford battery-electric vehicles (BEV) improved basically on all metrics, leading to a…
This week, Ford announced updated pricing for the 2024 Ford F-150 Lightning pickup, which in the case of most versions, has become more expensive. Another thing is that the number of versions has been reduced by one (from 7 in 2023MY to 6 in 2024MY). The all-electric Ford F-150 Lightning is currently available in…
General Motors ended 2023 with disappointing EV delivery figures.
The automaker reported Wednesday that it delivered 75,883 EVs in 2023, but 62,045 of those were Bolt EV and Bolt EUV models that GM discontinued at the end of the year. That leaves just 13,341 of the Ultium EVs that are supposed to set the tone…
It's Thursday, which means that you've almost made it to the end of the week (congratulations, by the way)! It also means one last chance to read Critical Materials—your daily news roundup featuring a few of today's must-know EV and tech stories—until Monday. Today, we'll talk about some cybersecurity challenges for auto dealerships and how…