Volvo Cars will not cut EV prices to follow Tesla's lead
Speaking after the Swedish carmaker posted a lower fourth-quarter profit, Chief Executive Jim Rowan said there was no need to cut prices because demand for Volvo's cars remain high and the company has a solid order backlog for its full EVs.
Yes, because Henrik is also quoted in the same article!
Henrik Fisker, CEO of U.S. EV maker Fisker, told Reuters he also has no plans to lower prices, arguing that the EV startup's cars were already competitively priced.
"I think we already priced our cars well," Fisker said, adding that the carmaker hadn't changed the price of its cars since 2020, while rivals had raised prices several times.
Check out the latest episode of All-Things Fisker.
🌊 Ocean One #0469 | Night Drive | Black Abyss Plus | 22” F3b SlipStreams
Comparison of Volvo C40 Recharge and Tesla MY. I didnt need to read it to confirm what we knew about the lousy range for the Volvo.
Will I get my Fisker One delivered before my VW needs its 100K service?? The race is on..
and…… will we still get the $7500 tax credit? Only HF knows…