electric vehicles News

Fisker to Recall Over 12,000 Ocean Vehicles

Electric-vehicle firm Fisker is recalling more than 12,000 Ocean vehicles to fix an issue where exterior door handles can stick and fail to open, the company said on Friday, marking its third recall this month. The U.S. National Highway Traffic …

New Drivers and Electric-Vehicle Tech Bring New Risks to Auto Insurance Market

High claim severities, persistent risky driving behavior, electric vehicles and shop-and-swap consumers are challenging auto insurers to stay profitable. The challenges will continue through the end of the year and beyond, according to the 2024 U.S Auto Insurance Trends Report …

EV Startup Fisker Files for Bankruptcy, Aims to Sell Assets

Fisker filed for bankruptcy protection late on Monday, as the U.S. electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt to ramp up production of its Ocean SUVs. …

GM, LG Agree on $150M Relief for Chevy Bolt EV Owners Over Faulty Batteries

General Motors and South Korea’s LG Electronics reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents filed in a U.S. court on Thursday showed. General Motors first …

New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again

The first quarter of the year saw the sixth straight quarterly increase (.7%) in overall registrations in California in the first quarter from the same period last year, while the state’s love affair with Tesla’s may be getting old, the …

EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs

Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK, where consumer uptake has stagnated for the better part of two years. A …

Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair: Report

New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more costly and increasing repair times, trends that a new report asserts are “reshaping” the industries. The bottom-line message: Newer vehicles …

High Insurance Premiums Are the Latest Thing Weighing on China’s EV Market

In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now finding themselves paying more for insurance โ€” and are taking to social media to complain. In one report last week, …

US Finalizes New Tailpipe Emissions Limits for Heavy Duty Vehicles

The U.S. government said on Friday it was finalizing tighter tailpipe emissions standards for heavy duty vehicles like semi-trucks and buses, but the new rules would not be as strict as initially proposed in 2023. The Environmental Protection Agency (EPA) …

NTSB Investigates Fatal Crash Involving Ford Electric Vehicle in San Antonio

The National Transportation Safety Board is investigating a fatal crash in San Antonio, Texas, involving a Ford electric vehicle that may have been using a partially automated driving system. The agency said in a statement Friday that a team of …