Fisker Inc. has announced a new EV sales strategy that remains asset-light but can help boost sales of its flagship Ocean model. This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model.
Fisker Inc. ($FSR) is already looking to turn over a new leaf in early 2024, following an encouraging 2023 that still landed well below original production targets. We saw the American automaker slash its output goals several times last year, most recently in early December, as it leaned down to prioritize liquidity.
The final production target sat at 10,000 annual units – a far cry from the 42,400 originally promised, but progress nonetheless. By lowering its targets (four times), Fisker was able to produce over 10,000 Ocean EVs in 2023 and deliver about 4,700 of them, sending company stock soaring.
When Fisker announced its updated production strategy to prioritize capital, it also shared that it was in “advanced discussions” with several automakers about possible strategic partnerships, with more details to come in 2024.
While we have yet to catch wind of any OEM partnerships, Fisker has confirmed a new network of dealer partners across North America and Europe.
Source: Fisker Inc.
Fisker announces dealer partners, beginning sales in Q1
Fisker shared that it has been in discussions with potential dealers since November 2023 and is now putting the (Ocean) wheels in motion to establish a partner network of about 100 dealers across North America and Europe.
Combined with its existing direct sales model, Fisker hopes its dealers can take advantage of larger market territories with less local competition, enabling no-haggle pricing (where permitted). Fisker Inc. chairman and CEO Henrik Fisker spoke:
As we saw throughout 2023, the EV market has changed dramatically. As a high-growth startup, Fisker is transforming its strategic efforts by putting in place the brand accessibility and sales channels required to satisfy increasing demand for the Fisker Ocean and to prepare for launch of additional future models. As a result, we are evolving our business model and intend to add as many as 50 dealer partners in the US and Canada and a similar number of dealer locations in Europe this year. In keeping with our asset light strategy, I expect the Dealer Partnership model should enable Fisker to expand its sales and delivery network at a faster pace.
Fisker says it does not intend to require these new dealer partners to make any major or expensive changes to their existing facilities, helping limit the lead time before EV sales and service can commence. As for Europe, Fisker says it will follow the popular agency model and plans to sign agreements with sales and distribution partners in those respective markets while continuing direct sales.
Lastly, Fisker shared expectations of dealer partners receiving their first electric vehicles by the end of Q1 2024 and plans to have all those initial partners in place when its higher-volume vehicle models like the PEAR arrive.
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Review: The ST3 Pro e-scooter brings serious suspension alongside smart controls and more as Navee’s latest flagship
As a long-time rider of Segway electric scooters, my expectations are quite high for new brands looking to climb their way up to the standard that the household-name has set in stone at this point. Only within the last few months did Navee come onto my radar, with the brand offering me the chance to test out its latest flagship model, the ST3 Pro Electric Scooter, which has been quite the surprise, to say the least. At first, it seemed like it was full of gimmicks that were destined to fail, but after riding around for several weeks now, I can happily say that Segway may just have found a new challenger. Head below to get my hands-on impressions of this high-end e-scooter that still retains accessible pricing for the stunning list of features.
To get our full hands-on impression of this new flagship e-scooter, be sure to check out our review here.
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Save up to 61% on Anker SOLIX power stations and solar bundles during its Labor Day Sale – deals start from $120
Anker has launched its Labor Day Sale running through August 30 and taking up to 61% off the brand’s lineup of power stations, solar bundles, accessories, and more. Coinciding with the new pre-launch promotion on the upcoming C1000 Gen 2 station, we spotted Anker dropping its first-gen C1000 Portable Power Station bundled with a 200W solar panel and protective waterproof bag back to $729 shipped for the second time. This bundle normally fetches $1,598 in full, which we saw discounts take as low as $799 until last month’s Prime Day Sale when it hit this low price for the first time. At Amazon, you’ll only find the station and solar panel pairing for $700 shipped, so you’re getting the waterproof bag (valued at $100) for $30 more. This is a 54% markdown that cuts $869 off the tag for a second chance at the best price we have tracked. Head below to browse this sale’s full lineup.
The Anker SOLIX C1000 power station is one of the brand’s best compact backup power companions for camping trips, right alongside the smaller C800 Plus, C300 series, and C200. While not as big as its home backup models, it still brings a solid 1,056Wh LiFePO4 battery (expandable up to 2,112Wh) along for your off-grid adventures with 11 output ports that provide up to 1,800W of steady power that can surge as high as 2,400W. It can refill its own battery to 80% in 43 minutes through a standard AC outlet, with it taking 58 minutes to reach full. There’s also the 600W max solar input that can recharge it in 1.8 hours, so with the included 200W panel, you’re looking at things taking a little longer, around five or so hours. And your solar setup gets the added protection of the waterproof bag that fits the station and keeps it safer from the elements.
Rad Power’s Labor Day Sale takes up to $600 off three legacy e-bikes starting from $999 + 25% accessory discounts
Rad Power has launched its Labor Day Sale promotions through September 3 with up to $600 taken off a selection of e-bikes alongside up to 25% discounts on accessories (applied in cart). Alongside the ongoing $999 low on the RadExpand 5 Folding e-bike that now sports a “last chance” mention, Rad has added one of my favorite models to the deals lineup, the RadRover 6 Plus Step-Thru Fat-Tire e-bike at $1,299 shipped. We last saw this model come off its $1,599 price tag back in June for the brand’s Father’s Day sale with a $200 discount, with today’s deal being the first we’ve seen its $1,299 pricing show up in 2025, which has mostly kept costs at $1,399 or higher, except the brief fall to the $1,199 low at the top of the year. Aside from that low price in January, you’re otherwise looking at the best deal of this year, saving you $300 off the going rate. Head below for more on this and the other models seeing discounts.
Affordable get up to 60 miles of commuting support on Luckeep’s X1 Lite folding all-terrain e-bike at a $466
AliExpress is offering a great deal for commuters shopping for e-bikes on a budget, with the Luckeep X1 Lite Folding Electric Bike currently available for $465.77 shipped, after using the code USAFF100 at checkout for an additional $100 off, which beats out Amazon by $84 and the brand’s direct website pricing by $283. This model normally fetches $1,149 at full price from the brand, and is now seeing a giant $683 price drop for one of the lowest prices we have ever tracked and delivering a much more affordable means to commute to your daily appointments.
Jackery’s Labor Day Sale offers up to 50% off on power stations and more with bonus 5% and 7% savings starting from $89
Jackery has launched its Labor Day Sale through August 28 with up to 50% discounts on its lineup of power stations, as well as bonus 5% and 7% savings on orders over $1,300. Among the offers this holiday season, we spotted Jackery’s legacy Explorer 1000 Plus Portable Power Station bundled with an expansion battery and two 100W solar panels for $1,519.05 shipped, after using the code EMAIL5 at checkout for an extra 5% off your cart’s total. This bundle would normally cost you $2,099 in full, with discounts having usually being on the station and solar panels for $1,299. The addition of the extra battery would cost you $459 right now, meaning you’d normally be spending $1,758 for this same setup. You’re looking at a combined 28% markdown here that cuts $580 off the tag for the best price we can find. Head below to get the full lineup of deals we’re seeing during this sale.
Clear storm debris with Greenworks’ 60V 16-inch cordless chainsaw kit at $190 annual low
Amazon is offering the Greenworks 60V 16-inch Cordless Chainsaw with a 2.5Ah battery at $189.99 shipped, which beats out the brand’s direct website pricing by $50. While it normally carries a $300 MSRP, we’ve been seeing it recently keep down at $240 at Amazon, with discounts having only gone as low as $200 this year. You’re looking at the best price of the year so far on this model, which has shed $50 off the going rate ($110 off the MSRP) and lands as the second-lowest overall price we have tracked – $40 above the low we last saw during Christmas sales.
Save 30% on Goal Zero’s Alta 50 single-zone and Alta 80 dual-zone electric coolers starting from $560
By way of its official Amazon storefront, Goal Zero is offering its Alta 50 Portable Electric Fridge and Freezer for $559.89 shipped, with its larger Alta 80 variant also seeing an equally significant discount (more on that below the fold). This smaller unit normally goes for $800 at full price, which we’ve mostly seen discounts this year drop between $640 and $560, though there was one fall to $559, not to mention the falls to $550 and the $522 low back in 2024. You’re looking at the second-best price of 2025, though, with the 30% markdown here cutting $240 off the going rate, landing it at the fourth-lowest price overall that sits $38 above the one-time all-time low from Black Friday.
Navee GT3 Max Smart Electric Scooter (code SCHOOL15): $561 (Reg. $750)
Best new Green Deals landing this week
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
Fort Polk, a US Army installation in Louisiana, is about to get a big solar power boost. Clean energy developer Onyx Renewables has wrapped up construction on two 13 megawatt ground-mount solar projects. The solar arrays are scheduled to come online this fall.
Despite Republican opposition to solar, the Army recognizes its benefits. Developed in partnership with sustainable infrastructure company Corvias, the project at Fort Polk (formerly Fort Johnson) is part of a push to help the Army cut energy costs and improve resiliency. The solar systems are designed to deliver stable electricity prices for the base under a 25-year power purchase agreement – and in their first year, they’re projected to meet 40% of the electricity needs for on-base housing.
Fort Polk’s solar arrays sit on 97 acres and will be financed, owned, and operated long-term by Onyx. Battery storage and microgrid tech will also be added later to help strengthen the base’s energy independence.
“By increasing onsite energy capacity with distributed resources, we are not only bolstering crucial resilience across the base but also generating savings that will benefit the military community stationed there,” said Kevin Cox, SVP of Origination at Onyx.
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Onyx and Corvias have worked with the Army before, such as on projects at Fort Riley. Corvias CEO Chris Wilson said the company’s work across military housing reflects how critical energy resilience is to national security. “By enhancing the energy infrastructure of military installations, we are helping to meet tomorrow’s defense needs.”
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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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South Korea’s top automakers and battery companies are teaming up for the first time to take on China and advance new technology. Hyundai and Kia announced a new alliance with three EV battery giants to help Korea gain an edge.
Hyundai and Kia form new EV battery alliance in Korea
The global EV market is a “national competition,” warned Kim Dong-myung, CEO of LG Energy Solution, on Friday.
Kim is also the chairman of the Korean Battery Industry Alliance, which aims to solidify the country’s leadership in electric vehicle battery technology.
According to Kim, “The government and companies must become one team,” he added that “LG Energy Solution will also run until the end to ensure Korea’s future competitiveness.”
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LG Energy Solutions is one of the three major Korean battery companies, along with Samsung SDI and SK On, which have joined forces with Hyundai and Kia to remain competitive. It’s the first time the country’s top carmakers and battery companies have joined forces.
After proposing a “Battery Safety Task Force” last year, Hyundai and Kia made it official on Friday, signing a new business agreement to “further enhance cooperation in the future.”
Hyundai, Kia, LG Energy Solution, Samsung SDI, and SK On join forces to advance EV battery tech (Source: Hyundai)
The companies announced the collaboration at Hyundai Motor’s Namyang R&D Center in South Korea, with several government officials and company officials in attendance.
At the event, Hyundai, Kia, and the battery companies revealed several projects where “each company will leverage its own specialized technologies.” The partnership will focus on five areas, including new safety patents, digital battery passports, design quality, manufacturing quality, and firefighting technology.
Kia EV4 testing in Europe (Source: Kia)
Developing safer battery tech, Hyundai said, the new partnership will “further contribute to strengthening national competitiveness.”
The partnership comes after Hyundai and Kia launched a joint project in September to develop lower-cost lithium-iron-phosphate (LFP) batteries, aiming to challenge BYD’s Blade batteries and other Chinese leaders.
Electrek’s Take
According to SNE Research, China is widening its lead in the global electric vehicle battery market. In the first half of the year, CATL and BYD alone accounted for over 55% of global EV battery sales, up from 53% compared to the same period in 2024.
Meanwhile, the combined market share of LG Energy, SK On, and Samsung SDI decreased to 16.4%, a 5.4% decline from the same period last year.
With Hyundai and Kia preparing to launch a series of lower-cost, mass-market EVs, the new alliance could be beneficial for everyone involved.
China is still leading the global EV race by a wide margin, but South Korea has ambitious plans for the future. Can they close the gap? Hyundai and Kia are quickly becoming top-selling EV brands in a number of global markets, but so are China’s BYD, Geely, XPeng, NIO, Li Auto, and others.
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