The Energy Absurdity of the Week: Nothing to See Here, Just Another Random Exploding EV

Ho hum. The past week was just another week in EV world. One big event was the news that Fisker cut the price of its Ocean SUV by [checks notes] FORTY PERCENT as part of its desperation plan to avoid bankruptcy.

Yeah, that’s probably not going to work. But hey, if you want to get a really great looking SUV at fire sale prices (you will recognize that metaphor as being intentional here in a moment), you can get the top-end build-out of the Ocean for $37,000, and that really is a bargain, no joke. It’s so cheap my wife and I were actually thinking about it, and that’s saying something.

Then again, I’m not sure it’s a great idea to fork over $37K for a car from an automaker that doesn’t seem likely to be around much longer. Sort of diminishes the value of that 100,000-mile power train warranty when you aren’t likely to get 12,000 miles on the odometer before the manufacturer goes belly up. On the other hand, you could take the $24k you’re saving on the front-end purchase, put it in an investment account, and save it for the rainy day when the battery inevitably runs out of juice.