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Fisker Automotive to Buy Shuttered GM Assembly Plant for Project NINA Production

Green Car Congress

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Fisker Automotive has signed a letter of intent with Motors Liquidation Co.

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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Green Car Reports

Which EVs made the tax-credit shortlist in 2024? The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. Which company faced a $1.7 billion fine for diesel emissions cheating? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 5, 2024.

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Fisker Karma EREV. Fisker Nina EREV. The strategy includes: Make electric vehicles more affordable with a rebate up to $7,500: The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale. Ford Focus EV.

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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. At its Q3 2023 earnings call, Fisker admitted having trouble following through with deliveries.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

It did not include CODA and Fisker nor models introduced after the survey period such as the Chevy Spark; Fiat 500e; BMW i3 and i8, or the Cadillac ELR. New retail approaches, including new methods for building dealer competence, could improve the PEV buying experience. A dealer’s primary interest is to close a sale.

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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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Nissan Leaf – Taking Reservations

Revenge of the Electric Car

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Others include the Fisker Karma, the Aptera 2e, the Coda sedan, Chevy’s Volt and Tesla’s Model S. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income tax credit.

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