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California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network.

Fisker adds new dealers as price cuts roll out

After missing an interest payment and expressing “substantial doubt” in its ability to continue operations in March, Fisker announced it paused production for six weeks last month.

The move is to “align inventory levels and progress strategic and financing initiatives,” according to Fisker.

However, a week later, Fisker announced its talks with a “large automaker” over a potential investment had fallen through. To make matters worse, Fisker was de-listed from the NYSE, making it harder to raise funds.

Several days later, the EV maker slashed prices on 2023 Ocean electric SUV models by up to $24,000.

The 2023 Ocean Extreme price was cut from $61,499 to just $37,499. Meanwhile, the 2023 Ultra trim MSRP was reduced from $52,999 to $34,999, while the Sport was priced at $24,999, down from $38,999.

Fisker said the price cuts went into effect Friday, March 29, and similar reductions were implemented in Canada and Europe.

Fisker-price-cuts
Fisker Ocean electric SUV (Source: Fisker)

The EV maker announced Monday it signed Fisker Miami as a dealer partner, its second in Florida following Jacksonville.

“Florida is an important EV market for Fisker, so we are excited that we can welcome Fisker Miami to our growing group of dealer partners,” a Fisker spokesperson said.

With the new addition, Fisker now has six dealer partners in the US amid its strategic shift revealed earlier this year.

Fisker-price-cuts
Fisker Ocean electric SUVs (Source: Fisker)

In addition to the new US dealer, Fisker has signed dealer partners in Hilleord, Denmark, and Innsbruck, Australia, for 12 in Europe. Fisker previously signed dealer partners in Austria, France, Germany, Norway, and Switzerland.

In a separate report from Automotive News, the few Fisker dealers remain optimistic about the brand.

Van Ranguelov, the principal dealer at Fisker Albany in New York, said interest has been good. “As of now, we’re still moving cars.”

Fisker-price-cuts
Fisker Ocean electric SUV (Source: Fisker)

“Time will tell what happens. I love the car, it’s very solid and very well-built. We just hope for the best,” he added.

Fisker told Automotive News it has received a large number of leads following the price cuts. Meanwhile, the EV maker’s cash has dwindled to just $120.9 million (as of March 15, 2024) after it made “significant payments” to suppliers. Wall St analysts warn Fisker is headed for bankruptcy.

After building zero EVs in January, Fisker built about 1,000 from February 1 to March 15. Fisker said it sold about 1,300 vehicles in the first two months of 2024.

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ID. Buzz recall: VW’s third-row bench is too big for its own good

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ID. Buzz recall: VW’s third-row bench is too big for its own good

Volkswagen of America is recalling nearly 5,700 2025 VW ID. Buzz vans because the NHTSA says the third-row bench seat is too spacious. (For real.)

According to the National Highway Traffic Safety Administration (NHTSA), the third-row bench is physically wide enough for three people, but it’s only designed to hold two, so it’s only equipped with two seat belts. That mismatch violates Federal Motor Vehicle Safety Standard number 208, which covers occupant crash protection. A bench that invites three passengers but only protects two isn’t just awkward – it’s a safety risk. It simply makes it too easy to squeeze that third person in the back “just that once” without a seatbelt, and that’s inviting trouble.

Volkswagen will fix the ID. Buzz issue by having dealers install “fixed unpadded trim parts” that adjust the seat’s usable width, and they’ll do it for free, because recall repairs are always free. It’ll probably be hard plastic on the seat to ensure a third person can’t squeeze in. Owner notification letters are expected to go out starting June 20, 2025.

Volkswagen has reported that, to date, there have been “no field claims known” of safety issues caused by the extra-wide third row bench seat. 

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Read more: This is the 2025 VW ID. Buzz’s Electrify America charging package


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Zenobē arrives in North America with a 500 unit EV deal in Canada [part 4]

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Zenobē arrives in North America with a 500 unit EV deal in Canada [part 4]

Electric vehicle charging and battery storage specialists Zenobē have inked a deal with Canadian leasing company 7Gen to fund more than 500 commercial EVs and their associated charging infrastructure.

Last week, Zenobē agreed to provide up to $48 million (Canadian) in debt financing to 7Gen to help expand its vehicle-as-a-service electric truck leasing program across Canada.

7Gen supports fleet operators with a comprehensive set of vehicle leasing and financing solutions that cover EV charger deployment, energy management systems, and ongoing operational support for Canadian fleet customers operating electric trucks, vans, and school buses.

Zenobē secured $1.6 billion in equity from its joint majority shareholders KKR and M&G Infracapital to fuel its global expansion into EVs and grid-scale batteries back in 2023. Since then, it’s grown to support more than 2,000 EVs and 120 charging depots across markets in the UK, Europe, Australia, and New Zealand.

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We’re bringing our innovative funding approach to Canada and specifically to 7Gen,” says Steven Meersman, Co-Founder and Director of Zenobē. “We see momentum behind decarbonization in Canada’s supportive government policies and the clean, affordable power that will ensure a lower total cost of ownership for zero-emissions vehicles. We look forward to sharing our global experience electrifying over 120 depots to benefit 7Gen, its fleet customers and the wider electric fleet market in Canada.”

That innovative funding strategy is something Steven and I had a chance to discuss this week at the ACT Expo in Anaheim, California. “We’re being very careful in the way we approach the North American market,” he said (paraphrasing). “The market is fairly littered with the graves of other UK EV companies that have tried to find a foothold here and failed, so we’re being very careful about our partners.”

Despite living just a few minutes from his Chicago HQ, I’d never met Steven before this week. He’s a super-interesting guy and you will definitely learn a thing or two about how to build a multimillion dollar energy management company like Zenobē from our upcoming podcast (stay tuned for that). But the news here is 7Gen.

“Zenobē’s debt financing supports 7Gen’s next growth step and allows us to help our customers step up the pace of their EV adoption and benefit immediately from operational cost savings,” says Frans Tjallingii, CEO, 7Gen. “Zenobē’s team is well aligned with ours and we are thrilled to partner to scale our impact in Canada together.”

The company will begin rolling out its Zenobē-funded electric trucks in the coming weeks, with new partners and projects set to be announced shortly.

SOURCE | IMAGES: Zenobē.


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BYD’s $10,000 Seagull EV was its top seller last month and now it’s headed overseas

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BYD's ,000 Seagull EV was its top seller last month and now it's headed overseas

BYD’s ultra-affordable Seagull was its top-selling EV last month, with over 55,000 units sold. With prices starting at under $10,000 in China, it’s the cheapest EV in BYD’s lineup. And with plans to launch it in new overseas markets soon, the Seagull is expected to see even more demand.

BYD’s top-selling EV in April starts at under $10,000

There’s no denying BYD’s growing presence in the global auto industry. The Chinese auto giant just posted its best month of 2025 in April, selling 380,089 new energy vehicles, including EVs and PHEVs.

For the first time in over a year, fully electric vehicles outsold hybrids. BYD sold 195,740 purely electric cars last month, up 45% from April 2024.

The Seagull was BYD’s top-selling EV with 55,028 models sold last month alone. It’s part of BYD’s Ocean and Dynasty brands, which accounted for 347,053 of its total sales in April. The premium Denza brand added 15,388, while Fang Cheng Bao and Yangwang sold 10,039 and 135 vehicles, respectively.

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Perhaps even more importantly, BYD set a new overseas sales record for the fifth straight month with nearly 80,000 vehicles sold. Through April, BYD has sold 285,170 vehicles overseas, more than doubling from last year.

BYD's-$10,000-EV-top-seller
BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD)

The Seagull EV, which is being sold under the name Dolphin Mini, is already being sold in several countries, including Mexico, Colombia, the Philippines, and Brazil.

Later this year, BYD will launch the low-cost EV in Europe as the “Dolphin Surf” with prices expected to start at under £20,000 ($26,000).

BYD-Seagull-EV
BYD Seagull (Dolphin Mini) EV (Source: BYD)

The Seagull is just 3,780 mm long, 1,715 mm wide, and 1,540 mm tall, with a wheelbase of 2,500 mm, which is even smaller than the Volkswagen ID.3 (4,264 mm long, 1,809 mm wide, 1,568 mm tall).

Designed by Wolfgang Egger, a former Lamborghini and Audi designer, the Seagull has earned the nickname “Mini Lamborghini” in China.

BYD Seagull trim Starting Price Range
(CLTC)
Active $9,700
(69,800 yuan)
190 mi
(305 km)
Free $10,500
(75,800 yuan)
190 mi
(305 km)
Flying $12,000
(85,800 yuan)
252 mi
(405 km)
BYD Seagull EV prices and range in China

In China, the Seagull EV is available in three trims: Vitality, Freedom, and Flying. There are two BYD battery pack options, 30.08 kWh and 38.88 kWh, which provide 305 km (190 miles) and 405 km (252 miles) CLTC range, respectively.

According to S&P Global Mobility, BYD’s sales are expected to double in Europe from 83,000 last year to 186,000 in 2025.

Although it’s not slated for European production, the report notes that “the Seagull’s pricing strategy ensures competitiveness in the EU even with tariffs.”

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