Electric Cars
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Tesla Motors has accomplished many remarkable things in its short life as a startup maker of electric cars. But, to clear up a common misperception, its supporters should understand that it has not--yet--made a profit in its core business: designing, building, and selling the Model S all-electric luxury sport sedan. The confusion seems to have come about because Tesla Motors [NSDQ:TSLA] reported a profitable first quarter, to the surprise of many and the elation of its shareholders. It also took advantage a classic "short squeeze" in its stock to raise more than $1 billion in fresh equity...
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2013 Smart Fortwo Electric Drive: Yes, Better Without GasolineIf you’re still smitten with the design and styling of the Smart Fortwo, you’re probably going to be happier with the version that never needs a gas station. That’s the conclusion we emerged even more confident about, after the hour earlier this month we spent with the Smart...
Bengt Halvorson -
Garcetti: An EV Fanboy, Now The Mayor-Elect Of Los AngelesDespite major reductions in air-pollution levels, the Los Angeles basin still has the worst smog problem in the nation. While you might debate over what exactly is the longer-term solution for reducing that smog, vehicles with internal-combustion engines are still contributing to problem. And it's...
Bengt Halvorson -
Audi: "R8 e-tron Electric Supercar Won't Go On Sale"Good news: Audi's off-again, on-again electric supercar--the R8 e-tron--is now confirmed for production. Bad news: You won't be able to buy one, as the company has decided to make just ten vehicles, all for research purposes only. The company confirmed to Autocar that it has produced ten R8 e-tron...
Antony Ingram -
Where Are The Electric Cars Today (In CA!)? How About 100 Years Ago?Today, California is generally accepted as the hub for electric car activity. Not only are high-profile electric car companies like Tesla Motors [NSDQ:TSLA] based there, but healthy incentives and clement weather make owning an electric car in the Golden State about as easy as anywhere else in the...
Antony Ingram -
Renault's Electric Car Plans Unfazed By Better Place BankruptcyThat battery-swapping electric infrastructure firm Better Place filed for bankruptcy at the weekend won't come as a surprise to many. The firm has struggled to find customers and suffered several setbacks over the past year, including the ousting of its CEO and delayed rollout in other countries...
Antony Ingram -
Better Place, the electric-car service that pioneered battery swapping for passenger cars, filed for bankruptcy yesterday in Israel. A statement on the Better Place website said it had applied to a court for an orderly dissolution of the company to protect "the rights of its employees, customers and creditors." Today is the first business day of the week in Israel. Over its five years of existence, Better Place raised roughly $800 million in venture capital and assistance from national governments in multiple countries. The service finally launched in Israel early last year, and since then it...
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Tesla Supercharger Coming To Midwest Too, Not Just CoastsThe long-promised announcement from Tesla Motors on expansion of its Supercharger network has been delayed by the company's billion-dollar fundraising, and this week's payoff of its entire Department of Energy loan. But Tesla Motors [NSDQ:TSLA] still plans a rapid expansion of the network of...
John Voelcker -
Nissan Leaf, Solar-Canopy Charging Station In New SIMS GameThe Nissan Leaf is no stranger to videogames. Last year, we had a little race between a Leaf and the Toyota Prius--albeit in the realistic but completely virtual world of Gran Turismo 5. But what you can't do in Gran Turismo is virtually charge your virtual Leaf with virtual solar panels--something...
Antony Ingram -
BYD e6 Electric Taxi Fleet Launched In Hong Kong To Cut PollutionIt might not be going on sale to U.S. consumers, but the BYD e6 will eventually appear in the U.S. in commercial fleets--perhaps to a taxi stand near you. Taxi duties seem to be the e6's true calling, and it's already operating in China in just such a role. Now it's going on duty in Hong Kong too...
Antony Ingram -
CA: Electric Cars Get Carpool-Lane Access Til 2020, Plug-In Hybrids Til 2018?Owners of electric cars and plug-in hybrids enjoy plenty of benefits: tax breaks, lower fuel costs, and the satisfaction that comes from driving a low- or zero-emission vehicle, to name a few. In California, owners also enjoy easier commutes: they can apply for special stickers that allow them to...
Richard Read -
Wanxiang-VL Offer For Fisker Reported To Be Just $20 MillionYesterday we reported that two companies, VL Automotive and China's Wanxiang Group, had put in a bid for struggling automaker Fisker Automotive. It's now become clear just how little the ailing plug-in carmaker is worth to investors and buyers, with Reuters revealing the VL and Wanxiang bid...
Antony Ingram -
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 Tesla last year and in the first quarter of this year. Loans to Ford, Nissan, Tesla The company had been granted $465 million in low-interest loans by the U.S. Department of Energy in June 2009, through its advanced technology vehicle manufacturing program. Other carmakers who got loans included...
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Gasoline, Diesel, Hybrids And Plug-Ins: The Efficiency LeadersIt's official: Cars really are getting more efficient. Not that there isn't a long way still to go, but virtually every month statistics emerge to suggest the average fuel efficiency of vehicles in the U.S. has gone up another few fractions of a percent. There are still winners and losers though...
Antony Ingram -
2014 Chevrolet Spark EV Electric Car Priced At $27,495One of the biggest hurdles for the proliferation of electric cars has been their high relative cost. While that is to be expected with any new technology, electric cars have received a lot of flak for being just too pricey for the market. That’s starting to change, however, especially now...
Viknesh Vijayenthiran -
Electric-Car Charging Station Locator App Companies To MergeTwo companies that make apps to let electric-car drivers locate nearby charging stations will merge, they announced today. Recargo and Xatori will combine their communities and unify their apps, creating a single directory of more than 20,000 charging points across the country. Recargo currently...
John Voelcker -
Audi Startled By Tesla Sales Success? Deleted Press Release Seems To Say SoIt may be that short sellers and naysayers aren't the only ones a bit surprised these days at the positive press received by electric-car maker Tesla. Yesterday, Germany luxury-car maker Audi issued a rather unusual press release in which it pointed out that it sells more cars than Tesla Motors...
John Voelcker -
One Year With Better Place: Electric-Car Driver's ReportToday marks my first anniversary driving a Better Place Renault Fluence ZE battery-electric car. So it seemed appropriate to summarize my experience to date with the Better Place service, which has had some challenges but is still very much in operation. I paid around $45,000 upfront for my car and...
Brian of London -
It's been a few years since Infiniti confirmed it was working on a luxury sedan based on the Nissan Leaf, but little extra information has emerged since then. Autocar reports the firm is still working on such a vehicle--it's just waiting for inductive charging technology to become commonplace, first. Infiniti's luxury electric vehicle would be a compact-sized sedan, based on the same platform and running gear as the Nissan Leaf--Nissan being Infiniti's parent company. Previewed in the 2012 Infiniti LE Concept, the all-electric sedan would be far more dramatically styled than the Leaf, with...
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NJ Per-Mile Tax Already Scrapped, Electric Car Fee Proposed InsteadA New Jersey senator's plan to drop gas tax and charge all vehicles a per-mile fee has already been scrapped, according to reports. Instead, Asbury Park Press reports the state is now looking towards a flat fee of $50 for electric vehicles. The state is one of several exploring ways to account for...
Antony Ingram -
Home Depot To Refund Taxes To Electric-Car Charging Station BuyersMany states offer discounts, rebates, and other incentives for the purchase of infrastructure improvements that encourage electric-car ownership. Washington is one such state, providing tax breaks on charging stations and similar EV-related devices. Unfortunately, Home Depot sales associates...
Richard Read -
How Are Electric-Car Batteries Made? Photos From Nissan's New PlantMaking a battery for an electric car is more like assembling microelectronics than the kind of auto-plant scenes we think of, involving huge steel stamping presses and battalions of automated welding robots. Last month, in addition to driving a 2013 Nissan Leaf through the Tennessee countryside, we...
John Voelcker -
Sales Of Renault Zoe Off To Strong Start In France, Trounces LeafTesla's Model S might be making all the headlines, but there's a smaller, more accessible electric car with equally high expectations placed upon it. That electric car is the Renault Zoe, sold only in Europe and tasked with making electric cars a usable proposition for the masses. And to a small...
Antony Ingram -
California Drivers Very Happy With Their Plug-In Electric CarsWith Chevy's Volt topping customer satisfaction surveys for the last few years running, it's no surprise to hear that other plug-in electric cars are also popular with owners. A new survey from the California Center for Sustainable Energy (CCSE) shows that over 9 in every 10 plug-in drivers reports...
Antony Ingram