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When I visited the Electrify Expo in Long Beach, California last month, the traditional automakers had set up tents and booths buzzing with happy representatives ready to show off their electric and electrified vehicles to the media and the public. And then there was Fisker, where one lonely man sat amid a group of Ocean EVs, wondering whether anyone would talk to him.
The writing was already on the wall that day. This week, the electric startup filed for its inevitable Chapter 11 bankruptcy protection.
In March, Fisker slashed the prices of its vehicles in a desperate attempt to stave off bankruptcy. It did not succeed, nor was there ever a real chance that it would. The collapse marks the second failed car company for founder Henrik Fisker, and the list of reasons makes for an excellent business school case study in what not to do. But for those of us who own an electric vehicle, or may soon buy one, Fisker’s downfall brings up a question that’s especially pointed for anyone buying a car from an EV startup: What happens if the company that made your car isn’t around anymore?
The problem is as old as the car industry. While Ford and Chevrolet feel like they’ve been around since the dawn of time, automotive history is littered with car brands that don’t make cars anymore. Studebaker. Hudson. Pontiac. Oldsmobile. Saturn. Packard. One could go on. When the companies disappeared, their vehicles became “orphan cars” with no parent company around to make parts for or fix them.
Not every orphanage looks the same. Pontiac and Oldsmobile, for example, were divisions of General Motors by the time they were killed off, so GM remained to honor warranty claims on the cars. Plymouth owners had parent company Chrysler to turn to when that marque went to the chrome mausoleum. Sometimes, a car brand like Isuzu or Suzuki quits selling cars in the American market but the company itself remains intact, and so many have been sold previously that plenty of shops and mechanics who know how to work on those vehicles remain.
When a car company that hasn’t operated in the United States for many years disappears entirely, things get dicier. Enthusiasts still collect and drive vehicles from long-dead carmakers. But acquiring parts for them can be a wild goose chase, and maintaining them relies on knowledge passed down among a select few.
Here in the EV era, the few-thousand people who bought (and actually received) a Fisker Ocean are in a tight spot. Their warranty coverage will technically endure as long as Fisker’s court proceedings are ongoing, since it’s always possible that the company could emerge from Chapter 11 and still exist on the other side. As long as Fisker is in limbo, Ocean owners might be able to get the company to fix their cars.
If the company truly goes belly-up, though — which seems like the likeliest outcome — then all bets are off. Fisker’s assets would be liquidated, and owners may be lost in the shuffle as the automaker’s pieces are sold off for pennies on the dollar to anybody who might want them.
Any Fisker-specific parts would be extremely hard to come by if the company (which was slow on its production goals in the first place) vanishes. There would be no more over-the-air software updates to add features or fix bugs; that’s more bad news since right up to the point of bankruptcy, the company was sending out updates just to fix basic operations. Even relatively simple repairs may be hard to achieve once Fisker is no more. The U.S. faces an ongoing shortage of auto mechanics trained to fix electric vehicles, which are an entirely different beast compared to internal combustion. It’s not like any old garage down the street could or would work on an Ocean.
Ocean owners are not silently accepting this crappy outcome. A bunch of them just banded together to form the Fisker Owners Association in the hopes of collectively keeping their rides driveable and viable long after Fisker the company is no more. They are fighting for ongoing support of the Ocean’s software and continued access to the 4G internet the vehicle needs for its in-car navigation system to work. They are tearing apart their Oceans to find out which parts are common and which are proprietary, and using that knowledge to build a database for all Fisker drivers.
Their troubles — and their collective action to take more control over their own cars — should be a note of both warning and hope to other EV drivers. Perhaps the disarray at Fisker makes it a special case that was doomed to fail at some point. But even respected and well-regarded EV startups like Lucid and Rivian aren’t in the rosiest financial situation. The former had to severely slow down its production projections; the latter is trying to navigate the “valley of death” until it can get its mass-market R2 and R3 vehicles on sale. Even EV king Tesla was reportedly “about a month” from bankruptcy during the dire months of 2020 when it tried to scale up manufacturing of the Model 3. Oh, and there was that time in the 2000s that Detroit’s Big Three nearly collapsed.
Rivian and Lucid owners are surely in a better spot than their Fisker counterparts — both companies are in a better position to succeed than Fisker ever was, and are more likely to receive the investment they’ll need to avoid going to bankruptcy court, should it ever come to that. But there’s never a sure thing in life, and owning an EV from a new company inherently generates some risk of becoming an orphan.
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The Central American country is the now the Americas’ EV leader.
The cars that sit atop the list of best-selling electric vehicles in the world wouldn’t surprise Americans. Through the first three quarters of 2025, Tesla’s Model Y and Model 3 were the number one and two EVs in the world, just as they are in the United States. But after that, the names begin to get a little less familiar.
In America, the top EVs not made by Tesla include battery-powered efforts by legacy car companies like Chevy, Ford, and Hyundai. Global sales figures, however, demonstrate the remarkable reach of upstart Chinese companies selling electric cars not only in China, but also in up and coming car markets around the world. The worldwide top 10 is dominated by EVs by Chinese manufacturers Wuling, Xiaomi, and BYD, with nary a Western carmaker in sight.
With those vehicles still absent from the U.S., the only way to sample how the rest of the world drives is to head abroad and hop in, which I had the chance to do on a recent trip to Costa Rica. To visit here is to see the car market that may be coming soon to many parts of the world. Fully electric vehicles made up around 15% of new sales in Costa Rica in 2024, compared to 8% in the U.S., making it the Americas’ EV adoption leader. Tesla does not operate here, so Chinese brands populate the country’s top 10, as they do in burgeoning EV markets throughout Latin America.
Chinese juggernaut BYD sells plenty of cars in Costa Rica, but doesn’t dominate the market entirely like it does in some parts of the world. Chinese EV-makers Chery, Dongfeng, and Geely sell lots of very affordable cars here. It doesn’t take long in one of these vehicles to see what has Western auto companies so worried. If Americans could buy one of these Chinese-made EVs at the price they sell elsewhere, they absolutely would.
During a November trip, my family stayed with friends who had temporarily relocated to the outskirts of the Costa Rican capital city — and who had traded the two Teslas they drove in the San Francisco Bay Area for a BYD Song Plus, an all-electric crossover with more than 310 miles of range.
On the inside, the Song feels close to the minimalist, touchscreen-driven approach. There are a handful of physical buttons on the steering wheel, but nowhere near the overwhelming array inside one of the electric offerings from the legacy carmakers. The interface in the big center touchscreen isn’t quite as polished as that of a Rivian or Tesla, and you might find yourself preferring to use Waze through Apple CarPlay to find your way around as opposed to the native software. But the setup is functional, clean, and honestly pretty great for a car that could be had for as little as $20,000.
The BYD has plenty of zip when you hit the accelerator, but is sufficiently judicious in its power consumption to get 300-plus miles of range on a relatively small 71.8 kilowatt-hour battery. The ride is cushy enough to endure the endless potholes caused by Costa Rica’s rainy climate. The interior feels plenty luxurious for that price, with cushy materials and a full array of tech features including wireless phone charging and using your phone as the key. In sum, the Song Plus feels modern and fresh like you’d expect from an EV startup, but at a cost that halves what you’d pay for a Tesla in the U.S.
Song Plus charges at just 140 kilowatts, slower than the state of the art in EVs like those from Hyundai or Tesla, which means it takes nearly half an hour to charge from 30% to 80% — but then again, if you’re not relying on public fast chargers to get from here to there, that’s a pretty minor inconvenience.
Costa Rica is known for being among the world’s most nature-friendly nations, having built a thriving eco-tourism industry for travelers who want to see its populations of tropical birds, white-faced capuchin monkeys, and goofy sloths. The whole nation is smaller than the state of West Virginia, meaning that drivers are generally not going on American-style road trips that span hundreds of miles and requiring visits to public fast charging. Instead, most charging is done at home and many trips can be accomplished on a single charge. The tropical warmth means that the performance ding batteries suffer in the cold isn’t an issue.
These favorable factors, plus incentives such as free parking and an exemption from import taxes, led Costa Rica to surge past the U.S. and Canada in recent years to claim the title of top EV country in the Americas.
To putter around in pursuit of crocs and quetzals, then, is to drive amongst an alternate universe of electric cars compared to the one in Los Angeles — small, cheap EV crossovers and even pickup trucks that would upend the American car market if they were allowed to come stateside and undercut our car companies. The simplest way to see them? Book a ticket to San Jose.
Current conditions: A bomb cyclone dumped as much as 16 inches of snow on North Carolina, and more snow could come by midweek • Tampa, Florida, is seeing rare flurries, putting embattled citrus crops at risk • Sri Lanka is being inundated by intense thunderstorms as temperatures surge near 90 degrees Fahrenheit.
As the bomb cyclone bore down on the Southeastern United States with Arctic chills, Duke Energy sent out messages to its millions of customers in Florida and the Carolinas last night asking households to voluntarily turn down the power between certain hours on Monday to avoid blackouts on the grid. “Frigid temperatures are driving extremely high energy demand,” the utility said in a statement to its ratepayers in Florida. “As Florida continues to experience the coldest air in the state since 2018, Duke Energy is asking all customers to voluntarily reduce their energy use” from 5 a.m. to 9 a.m. EST on Monday. The company issued an identical message to customers in the Carolinas, except the window stretched from 4 a.m. to 10 a.m.
“Put simply, cold temperatures stress the grid,” my colleague Jeva Lange and Matthew Zeitlin wrote last week. “That’s because cold can affect the performance of electricity generators as well as the distribution and production of natural gas, the most commonly used grid fuel. And the longer the grid has to operate under these difficult conditions, the more fragile it gets.”
The Department of Energy just proposed exempting advanced nuclear reactors from carrying out reviews under the National Environmental Policy Act, marking yet another step the Trump administration is taking to speed up deployment of new atomic power technologies. Past environmental assessments have demonstrated “that any hazardous waste, radioactive waste, or spent nuclear fuel generated by the project can be managed” and “do not significantly affect the quality of the human environment.” The new categorical exclusion takes effect today, but the agency is taking public comments for the next 30 days and said it may revise the policy depending on the testimony it receives.
When Matthew wrote “everyone wants nuclear now” back in 2024, he was referring to the suddenly ubiquitous popularity of a once taboo energy source. But if you read those four words to instead convey a sense of urgency, you’d be accurately describing the state of affairs in 2026 as electricity demand rapidly eclipses incoming supply, as I wrote last week.
A Canadian company developing what it claims is one of the continent’s first major new sources of alumina, the processed version of bauxite needed to make aluminum, is set to move ahead with the project. The privately-owned Canadian Energy Metals said late last week that the $6.3 billion project contains an estimated 6.8 billion metric tons of alumina within a 230-square-mile stretch of the Prairie province of Saskatchewan. Canada ranks among the top global producers of primary aluminum, but its refineries and smelters rely on imports. The discovery the startup confirmed appears to be large enough to represent more than a third of known alumina globally. “We believe it’s very significant,” Christopher Hopkins, the chief executive at CEM, told The Wall Street Journal.
The Trump administration, meanwhile, is taking stock of the value of friends in the fight to find critical minerals outside of China’s control. Trump officials are trying to rally consensus with allies on a pricing mechanism to boost long-term investments in mineral refining and mining. The effort is set to take place this week during meetings with dozens of foreign ministers in Washington. Under Secretary of State for Economic Affairs Jacob Helberg told Bloomberg he expects a lot of “momentum and excitement” toward “agreeing on a price mechanism that we can all coordinate together on in order to ensure price stability for people in the mineral refining and extraction business.”
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More than 200 people were killed last week when the Rubaya coltan mine in eastern Democratic Republic of the Congo collapsed. Rubaya produces roughly 15% of the world’s coltan, a processed metal needed for electric vehicle batteries, pipelines, and gas turbines. The site, which Reuters said is staffed with locals who dig manually for a few dollars per day, has been under the control of the M23 rebel group since 2024. The actual death toll, which hasn’t been updated since its initial count last week, is likely even higher. The disaster offers a grim reminder of the brutal conditions in the mineral supply chains needed for the energy transition.

Things were already looking bad for Drax as the wood pellet energy giant faced mounting scrutiny over its pollution. Last week, I told you that Japan, one of the world’s largest markets burning wood pellets for electricity and heat, was souring on the energy source. Now a senior policy specialist at the company’s flagship biomass power station has spoken out about the accuracy of public statements the company made about where it was sourcing its wood. In theory, biomass energy could be low carbon if it uses wood that would otherwise rot and release the carbon trapped inside. But investigations into Drax previously found that the company was felling old-growth forests in the U.S. and Canada, the types of mature trees that absorb the most carbon through photosynthesis, calling its claims of carbon neutrality into question. Drax insisted that didn’t have even licenses to extract trees from such woodlands at all, meaning the company wasn't harvesting them, but the senior employee said that wasn’t true.
Past studies of polar bear of Svalbard found that the population declined when sea ice disappeared. But new research in the journal Scientific Reports based on hundreds of specimens of Ursus maritimus, discovered that the physical conditions of the bear population on the Norwegian Arctic island improved despite sea ice losses. Without sea ice, the bears were previously thought to struggle to hunt and grow thinner. But the authors suggested that the Svalbard bears may be recovering as populations of land-based prey that were previously over-hunted by humans, such as reindeer and walrus, returns.
What to watch for when the agency releases its final decision on the greenhouse gas endangerment finding.
Any day now, Trump’s Environmental Protection Agency is expected to officially rescind what climate advocates refer to as “the endangerment finding,” its 2009 determination that greenhouse gas emissions threaten Americans’ public health and welfare and therefore require regulation.
Whether the decision holds up to the inevitable legal challenges and what it all means for climate policy, however, will hinge on the justification the EPA provides for reversing course.
The EPA deployed a battery of arguments when it initially proposed revoking the finding last July. It reinterpreted Supreme Court readings of the Clean Air Act and claimed it did not have the authority to regulate carbon pollution. It questioned climate science and posited that curbing U.S. climate pollution would do little to affect global warming.
The 2009 endangerment finding is not unique — all U.S. pollution regulations under the Clean Air Act start with an endangerment finding. The EPA must review the scientific literature, hold hearings, and take public comments on whether emissions of a given pollutant threaten public health and welfare before it can regulate that substance.
The endangerment finding on greenhouse gases paved the way for the EPA to regulate vehicle emissions, specifically, but it was later used to support rules for power plants and oil and gas drilling. By reversing it, the agency will not only clear the way to repealing these standards, it will deny future administrations the legal authority to replace them. That’s a significant escalation from what Trump managed during his first term, when he rolled back greenhouse gas regulations established by the Obama administration, replacing them with weaker provisions.
Here’s what I’ll be looking out for when the decision comes out.
The agency’s primary argument for revoking the endangerment finding was based on its reinterpretation of the Clean Air Act. The agency asserted that the law applies to pollutants that directly threaten public health and welfare through local or regional exposure, and that indirect harms from global climate change do not fit this bill.
Moreover, it argued, the statute required that it make an endangerment finding for each individual greenhouse gas from each specific class of new vehicle to justify regulations, rather than assess the dangers of greenhouse gases from cars generally. The latter approach artificially inflated the case for regulation, the agency implied.
There are many legal experts, such as this trio of lawyers at Harvard’s Environmental and Energy Law Program, who say that the Supreme Court decisively rejected these exact arguments in the 2007 case Massachusetts v. EPA. The main outcome of that case was confirmation that greenhouse gases do, in fact, qualify as pollutants covered by the Clean Air Act, requiring the EPA to regulate them if it determines that they present a threat to public health and welfare. Following that ruling, the agency conducted an extensive review of climate science, held multiple public hearings, and sifted through thousands of public comments, before ultimately publishing the endangerment finding.
Now, however, the agency claims that its previous read of Massachusetts v. EPA was wrong, especially in light of subsequent Supreme Court decisions, such as West Virginia v. EPA and Loper Bright v. Raimondo. The former limited the EPA's toolbox for regulating power plants, and the latter required courts to defer to agency expertise in cases where the law is vague.
If the EPA clings to this argument, it may seek to get the Court to revisit that case. As the Harvard lawyers point out, none of the five justices who were in the majority on that case remain on the Supreme Court, which ups the odds of the administration getting a more favorable ruling.
If the EPA does repeal the endangerment finding on the grounds that climate risks from greenhouse gases are not covered by the Clean Air Act, that could empower state and local governments to issue their own emissions regulations, since greenhouse gas regulation would no longer be the purview of the federal government. California, for example, could argue that it no longer needs a waiver from the EPA to enact its own emissions standards for vehicles, an issue that became a political football last spring.
Revoking the endangerment finding this way may also make fossil fuel companies more vulnerable to lawsuits brought by cities and states — and undercut the Trump administration’s own efforts to sue the cities and states that are trying to sue fossil fuel companies. Some 20 to 30 state and local governments have attempted to sue oil and gas companies for damages related to climate change. The industry has responded by arguing that these cases are roundabout attempts to regulate greenhouse gas emissions, which is the job of the federal government, per the Clean Air Act. But if the federal government abdicates that responsibility, this reasoning falls apart.
In the EPA’s proposal to rescind the endangerment finding — which also included a proposal to revoke vehicle emissions standards — the agency tried to get ahead of these issues. It argued that even though it wasn’t required to issue greenhouse gas emission standards for new vehicles, states would still be preempted from doing so because the Clean Air Act still delegates that authority to the EPA.
It’s difficult to see how the agency can have it both ways. As Amanda Lineberry, a senior associate at Georgetown University’s Climate Center put it, the EPA is attempting to deem the Clean Air Act “insufficient to enable federal regulation of GHG emissions to address climate change but sufficient enough to prevent state efforts to address those emissions.”
Nonetheless, in comments responding to the proposal, industry groups such as the American Petroleum Institute and American Gas Association explicitly support this reading, and some asked EPA to strengthen it. “EPA’s rationale would be strengthened by recognizing the long history establishing federal law as the exclusive source of authority over interstate pollution,” the AGA wrote.
Even if, hypothetically, the Clean Air Act does apply to greenhouse gas emissions, the agency would still propose revoking the endangerment finding on scientific grounds, its proposal last summer said. According to a new review of climate science, it said, the EPA could no longer conclude that greenhouse gases from vehicles endanger Americans’ public health and welfare.
The proposal cited a Department of Energy report, published on the very same day as the EPA’s proposal, which provided “a critical assessment of the conventional narrative on climate change.” The report was written by a working group consisting of five scientists who have a track record of pushing back on mainstream climate science. They concluded that the warming caused by greenhouse gases is not as dangerous or bad for the economy as previously thought, and that regulating such emissions will have “undetectably small direct impacts on the global climate.”
The Environmental Defense Fund and the Union of Concerned Scientists have since sued the administration for assembling this group in secret, a violation of the Federal Advisory Committee Act. Records released as a result of that lawsuit suggest that the group was explicitly formed to support the administration’s goal of repealing the endangerment finding. (A judge sided with the environmental groups on Friday, declaring that the working group was subject to FACA.)
Separately, a group of 85 scientists, some of whose research the working group cited, conducted an independent review and deemed the report biased and riddled with errors, including misinterpretations of the reviewers’ own findings. The National Academies, an independent institution that provides expert advice to the U.S. government on scientific and technical issues, also followed up with its own report concluding that “the evidence for current and future harm to human health and welfare created by human-caused greenhouse gases is beyond scientific dispute.”
Given this response, I’ll be looking to see if EPA maintains its position on climate science in the final decision, and if it does, how it responds to the mountain of criticism it has received. It’s possible the courts would defer to the agency’s assessment, but they could also side with the substantially larger volume of evidence disagreeing with it, bruising the agency’s credibility.
Editor’s note: This story has been updated to reflect Friday’s ruling on the working group.