Ah, politics. Yesterday, Tesla paid off the balance of its U.S. government loan, using proceeds from its $1 billion-plus offering of stock and warrants last week, as CEO Elon Musk had said Monday it would in a tweet. The amount settled yesterday was $451.8 million, following installments paid by...
While Tesla Motors [NSDQ:TSLA] is on a roll--with a rave review from Consumer Reports and a profitable quarter--other startup automakers aren't faring so well. And now... May 9, 2013 by John Voelcker 5
Fisker Automotive CEO Tony Posawatz didn't attend yesterday's House committee hearing on the company's loan from the U.S. Department of Energy. He's out desperately seeking... April 25, 2013 by John Voelcker 7
The fortunes of the two highest-profile electric-car startups couldn't be diverging more starkly today. Yesterday, Fisker Automotive failed to make a payment of $10 million... April 23, 2013 by John Voelcker 18
In January 2005, legendary car designer Henrik Fisker founded a company to bring innovative new thinking to the automobile industry. Between that date and today, Fisker... April 18, 2013 by VentureBeat's GreenBeat 8
What a difference a few years makes. Startup electric-car maker Tesla Motors [NSDQ:TSLA] said it will repay its $465 million in low-interest loans from the U.S. Department of... March 8, 2013 by John Voelcker 3
The price of gasoline will creep up faster than expected, the U.S. Department of Energy's latest figures show. Its monthly Short-Term Energy Outlook had previously put... February 13, 2013 by Antony Ingram 6
Just two years after the first Nissan Leaf was sold in the U.S., Nissan said today it has opened a plant in Smyrna, Tennessee, to fabricate lithium-ion cells for electric-car... December 12, 2012 by John Voelcker 7
For Fisker Automotive these days, no news is probably good news. Its latest CEO, Tony Posawatz, has been at the helm for four months now. And Fisker is putting all its... December 6, 2012 by John Voelcker 6
Oh, those DoE loans. They arose in the recent U.S. presidential debate--not just once or twice, but three times--and continue to generate debate. So here's more fuel for the... November 26, 2012 by John Voelcker 5
Yesterday, the California Energy Commission approved a $10 million grant to Tesla Motors which it said would help the electric automaker prepare for the launch of its second... October 11, 2012 by Nikki Gordon-Bloomfield 5
Ask most people about Chrysler's plug-in hybrid prototype program, and you'll get something like, "Huh? Chrysler has plug-in hybrids?" In fact, the company does: 23 minivans... September 24, 2012 by John Voelcker 19
There's kind of a running joke within the electric car world that the next generation of batteries is just a decade away. And the next time you ask, it's still a decade away... May 24, 2012 by Antony Ingram 18
Unless you don’t drive a gasoline-powered car, the chances are you’ve noticed the spike in gasoline prices lately. But according to the U.S. Secretary of Energy... February 29, 2012 by Nikki Gordon-Bloomfield 10
The U.S. Department of Energy hasn't made any new loans under its Advanced Technology Vehicle Program in well over a year. At its current rate, it may never do so. The latest... February 16, 2012 by John Voelcker
The bad news just keeps on coming from electric-car startup Fisker Automotive. The company said today that it has laid off employees and contractors at both its new Anaheim... February 6, 2012 by John Voelcker 10
