Dealer Ops

Bloomberg: Pivot to SUV Is Hail Mary for Fisker

Henrik Fisker met with Bloomberg to elaborate on plans to build an all-electric SUV by 2021. The story’s headline refers to the concept as Fisker’s “latest Hail Mary for relevancy.” - Photo...

A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.

Trump Budget Kills EV Tax Credit

There is no extension of the tax credit for buyers of the Chevrolet Bolt and other electric vehicles in the federal budget proposed by President Donald Trump for the 2020 fiscal year. - Photo...

The White House’s proposed 2020 budget would allow the federal electric-vehicle tax credit to expire and terminate an Energy Department program that helped fund investments in EV production by three manufacturers in seven states.

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