Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers

Tech Insider
Fisker warned staff they might be laid off if efforts to course correct are unsuccessful.
Fisker filed for Chapter 11 bankruptcy after years of unprofitable operations.

Michael Tullberg

Tesla's sales slumped for the 2nd quarter in a row, but things weren't as bad as investors feared

Tech Insider
Elon Musk standing against a backdrop that says Breakthrough Prize at a Breakthrough Prize ceremony
Tesla has sought to increase its sales with financing offers and reduced prices.

Kevin Winter/Getty Images

Hybrids are having a moment. Here's what you need to know if you're in the market.

Tech Insider
A woman shopping for a car at a dealership.
More car shoppers are heading to dealer lots in search of hybrids.

Maskot/Getty Images

The lack of EV charging infrastructure is so bad it's driving owners back to gas-powered cars

Tech Insider
An electric vehicle charges in California
A Volkswagen ID.4 electric vehicle (EV) charges via a CCS DC fast charger from Electrify America at a shopping mall parking lot in Torrance, California, on February 23, 2024.

PATRICK T. FALLON/AFP via Getty Images

Trade between the US and Germany is growing. Concerns over China might be driving the shift.

Tech Insider : Economy, Politics, Economy
The United States flag and German flag fly in the wind against a background with blue skies and clouds.
The US became Germany's top trading partner in the first quarter of 2024.

Vector/Getty Images

Used-EV prices are crashing as buyers shift back towards hybrid vehicles

Tech Insider
Tesla vehicles in a parking lot

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Elon Musk talks Tesla's $30 trillion future, Trump the Cybertruck fan, and robot buddies at annual meeting

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Elon Musk.
Elon Musk.

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Ford will no longer require dealers to invest $500,000+ just to sell EVs

Tech Insider
Ford Mustang Mach-E electric vehicles on a dealer lot
Only about half of Ford's roughly 3,000 dealerships had signed on to Ford's expensive EV certification program.

Scott Olson/Getty Images

The EU slapped massive tariff hikes on China's EV giants. Investors don't seem to care.

Tech Insider
Employees work on an EV factory assembly line in China.
Employees work on an EV factory assembly line in China.

VCG/Getty Images

China became the world's factory by selling cheap goods. This strategy won't work for EVs.

Tech Insider : Economy, Economy
A large number of Chinese-made cars and construction machinery are gathering at the port of Yantai, waiting to be loaded for export, in Yantai, China, on April 1, 2024.
A large number of Chinese-made cars and construction machinery are gathering at the port of Yantai, waiting to be loaded for export.

Costfoto/NurPhoto/Getty Images

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