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Fisker completes $50M financing; Huhnke named CTO

Green Car Congress

recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. The proceeds will be used to support the next phase of engineering work on the Fisker Ocean all-electric luxury SUV, due for launch in 2022. Fisker Inc.

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Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US).

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Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

The production increase is a key part of the Ford+ Plan, underscoring the company’s commitment to increase the value of its EVs for customers, continuing to position Mustang Mach-E as a compelling option for those looking for an electric SUV, and growing market share. The Mustang Mach-E was the No.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. The all-electric SUV will come standard with a range target of approximately 250 to 300 miles, depending on driving conditions, enabled by an approx.

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Hyundai cuts IONIQ 5 price with rare 0% finance offer

Electrek

In a fire sale, Hyundai is offering a rare 0% finance offer on the 2024 IONIQ 5 electric SUV. Hyundai’s new incentive could mean up to $7,800 in savings compared to a same-priced Tesla model.

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Kia EV9 gets a special financing rate as low as 3.25%, new rebate

Electrek

Kia’s first three-row electric SUV is already racking up the deals ahead of deliveries in the US. The 2024 Kia EV9 is now available for a special financing rate as low as 3.25%. more… The post Kia EV9 gets a special financing rate as low as 3.25%, new rebate appeared first on Electrek.

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Average price of new light trucks in 2019 was 43% higher than average price of new cars

Green Car Congress

Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. Finance charges or finance incentives are excluded. From 1990 to 1995, cars had a higher average price than light trucks. Sources: Cars – U.S.

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