Author: Stephen Edelstein

Report: EV inventories are swelling, and prices may drop soon

Polestar staging at Volvo dealershipDespite strong sales, dealership EV inventories are growing, according to data from Cox Automotive (via Automotive News). EVs are approaching 7% of the U.S. new car market, and they're on track to surpass sales of one million units in the U.S. for the first time this year, Cox Automotive estimates. But the data also show that EVs aren't flying off...

Speedy Audi compact EV project taps brand’s NSU heritage

Audi EP4 concept based on the NSU Prinz 4Audi has turned a vintage car from one of its predecessors into a speedy EV concept. Revealed Saturday, the concept updates and electrifies an NSU Prinz 4, which entered production in 1961. Dubbed EP4 (Electric Prinz 4), the project was undertaken by apprentices at Audi's plant in Neckarsulm, Germany, to mark 150 years of manufacturing at the...

Fisker points to suppliers in slow production ramp of Ocean EV

2023 Fisker Ocean pre-production at Magna Steyr plant in Graz, AustriaFisker is pointing to supplier issues as the reason behind a slow production ramp-up of its Ocean electric SUV. The company on Friday reported that just 1,022 Oceans were produced in the second quarter at contractor Magna's facility in Austria. This included a mix of customer cars and vehicles intended for "marketing and engineering purposes," a...

GM has issues with EPA rules seeking 50% EVs by 2030

2024 Cadillac LyriqGeneral Motors on Wednesday said it would have trouble complying with proposed emissions rules that would require vastly greater EV sales over the next decade. As reported by Reuters, GM said in comments to the EPA that there are six state and federal regulations that "could require each automaker to exceed 50% EVs in at least a dozen vehicle...

NHTSA reopens investigation into Tesla unintended acceleration

Tesla SuperchargerThe National Highway Traffic Safety Administration (NHTSA) has reopened an investigation into alleged Tesla unintended acceleration in response to a petition. The investigation covers nearly every Tesla Model S, Model X, Model 3, and Model Y built, encompassing around 1.8 million vehicles in the U.S. It's a reversal of an earlier decision by the...