Electric Cars
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In a recent interview with Car and Driver magazine, Tesla CEO Elon Musk leaked news that GE would invest funds into Tesla Motors. The news spread quickly. It seemed as though Tesla, who has been in and out of financial trouble constantly, had finally secured a source for some funding. But like other past investors, GE withdrew. On the day that GE was to wire funds to Tesla, they did not. The funds were never sent, no deal was reached, and Tesla Motors would have to continue their search for money. GE cited a budget restructuring and budget constraints as reasons for withholding the...
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Ireland, ESB, and Renault-Nissan Announce AllianceToday, in Dublin, Ireland, Energy Minister Eamon Ryan announced a new alliance that will put electric cars on Irish motorways in two years. Last year, Ryan expressed his intent that by 2020, 10% of vehicles in Ireland would be electric, and this alliance will likely aid Ireland in actually...
Jennifer Knightstep -
Porsche Panamera Sedan Hybrid Expected in 2011In a striking move, Porsche has made a four door car. Porsche, synonymous with performance and 2 door coupes, will be releasing the 4 door Porsche Panamera in 2010. Porsche, releasing a four door does not make news for a web site devoted to electric vehicles. However, just when you thought...
Eric Loveday -
Mitsubishi to Increase iMIEV ProductionMitsubishi has already sold out its first year production of iMiEVs before its official introduction to the Japanese market that is slated for July. Mitsubishi has responded to the increased demand by increasing its own capacity. For 2010, Mitsubishi will increase capacity for the iMiEV to 4,000...
Eric Loveday -
Hyundai To Launch First Plug-in Vehicle in 2012At the opening of the Seoul Auto Show, Hyundai announced they will launch their first plug-in hybrid in 2012. The plug-in is expected to be based upon the BLUE-WILL concept currently on display at the auto show. Previously, we reported that the BLUE-WILL was a plug-in vehicle. Now the attention...
Eric Loveday -
Could An Electric Motorcycle Drive Technological Advancements For Electric Cars?Recently, Honda's President and CEO Takeo Fukui announced that the company plans to introduce a fully electric motorcycle by 2010. Previously, Honda had introduced prototype scooters and mopeds powered by electricity or fuel cell technology. The goal of the electric motorcycle is to provide a...
Eric Loveday -
Honda introduced the 2010 Insight, the lowest priced, mass produced hybrid on the market on March 24th. Over the course of only 8 days, Honda sold 569 Insights. In its first partial month of sales, the 2010 Insight has seen strong sales. With the release of the March sales report by Honda, one thing remains obvious, overall sales are down. Honda shows a sales decrease of 33.7% in March 2009 compared to March 2008, and a year to date decline of 33.6% compared to last year. Though overall sales are down 33.7% from last year, hybrid sales from the company only dropped off by 6.4% for...
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Tesla Takes 520 Reservations for the Model S, Exceeding ExpectationsWithin one week of unveiling the strikingly designed 4-door pure electric Model S sedan, Tesla Motors has announced they have already taken 520 reservations. The vehicle currently exists only in prototype form and will be produced in late 2011 if the company can get $350 million in goverment loans...
Lyle Dennis -
Toyota Targets Magic Number of 400,000 for New PriusToyota Motor Corp. hopes to achieve sales of 400,000 units worldwide of the new Prius by 2010. Toyota plans to accomplish this feat by selling the new Prius in 80 countries, nearly twice that of the outgoing model. From its humble beginnings of only 36,000 units in its first model year, to more...
Eric Loveday -
Subaru Announces Green Roof Option for the 2010 ForesterExpanding on their support of Greensgrow, a leader in the new trend of urban farming, Subaru announced today a new dealer-installed option for their Forester called the "Green Roof." The Green Roof option will include 3" of soil and grass seed, or vegetation, to the customer's specifications. These...
Jennifer Knightstep -
Renault Works on New EV Battery Technology LiFePO4Renault has a standing commitment with Nissan Motor Company to use batteries supplied by them for EVs in the near future, but Renault has started working on a new battery technology still years away from use. Renault's relationship with Nissan and a joint venture with Automotive Energy Supply Corp...
Eric Loveday -
Toyota Predicts 2010 Prius Will No Longer Be a Second CarDebuting nearly nine years ago, the Toyota Prius took front stage on the hybrid scene. Sales quickly outpaced predictions, but Toyota was in a way still disappointed. Research determined that most Prius buyers bought the car as a second car. Most buyers used the Prius for travelling to and...
Eric Loveday -
Tesla Motors' CEO Elon Musk argues the Model S is a bargain. Still lobbying for $350 million in federal funding, Musk pleads his case to customers and those in Washington, D.C. But do the numbers support Musk's assertion? According to him, the Model S is a value proposition when you consider the money saved over the course of several years of ownership. The car has a base price of $57,400. Factor in the $7,500 federal tax credit and you can get it for only $49,900. Nearly 50k doesn't seem like a great deal, but there are other things to consider when you purchase an electric vehicle. One, an...
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Detroit Electric to Introduce $25,000 Electric Sedan Next YearDetroit Electric recently partnered with Malaysian company Proton Holdings in a joint venture with the intent of producing an all electric vehicle. Detroit Electric would provide the means of propulsion, while Proton Holdings would supply a working chassis from a production vehicle. Additional...
Eric Loveday -
Charge Your Car From the SunNot relying on gasoline and all of its political and environmental baggage is the key advantage of driving an electric car. But one British company called Romag adds another compelling possibility; being able to charge your car directly from the Sun. The plastics and glass manufacturing company...
Lyle Dennis -
Video: Tesla Model S Test DriveHow would you like to test drive a Tesla Model S today? Too bad. Unless you've already committed to buying one, this video is probably as close as you'll get - at least until it reaches showrooms in 2011. Venture capitalist, and first Model S customer, Steve Jurvetson, on the other hand, sat...
Robert Scardino -
Ford Commits Additional Funding to EV's, Downplays Fuel Cell TechnologyAccording to a top engineer at Ford, the company will be moving funds from hydrogen fuel cell research to focus on hybrid and electric vehicles. The move comes on the heels of the auto industry's rapid involvement into hybrid-electric and full-electric and Ford has no plans of being left behind...
Eric Loveday -
The Numbers Are In, Hybrid Sales Break Records in 08Buyers have shown increasing interest in hybrid vehicles during the past few years and 2008 is no exception. Despite economic downturn, hybrid sales still increased dramatically in 2008. Consumers want hybrid vehicles. The numbers prove it. Amidst slumping vehicle sales, hybrid vehicles still...
Eric Loveday -
The opening of the Seoul Auto Show in South Korea is just days away now and several unveilings will take place. Notably, the unveiling of the Kia Forte LPI hybrid has garnered a lot of interest. Kia, owned by Hyundai, will introduce the Forte LPI Hybrid to the public at the Seoul Auto Show, but also will announce plans to produce its first full hybrid car and many other eco-friendly vehicles over the next few years through a sub brand called Eco-Dynamics. The Forte LPI Hybrid will feature a 1.6 liter liquified petroleum engine that outputs 114 horsepower. The LP motor is paired with an...
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Ford Partners with Smith EV to Build Commercial BEVs in U.S.Ford and Smith Electric Vehicle announced plans to partner together to build battery electric vehicles at a new site in Kansas City. Smith EV purchased a portion of an unused overhaul base at Kansas City International Airport to use as its factory for converting vehicles to BEVs and plans to...
Eric Loveday -
Detroit Electric and Proton Holdings to Sign Deal For EVAccording to Reuters News Service, the Malaysian automaker Proton Holdings is close to signing a deal with battery developer Detroit Electric. The deal includes a possible electric vehicle produced as a joint venture between the two companies. Detroit Electric would become the manufacturer of...
Eric Loveday -
iMiev Headed to MonacoToday, the Principality of Monaco signed an Memorandum of Understanding (MoU) with Mitsubishi that will make it first in line to receive the European iMiev test vehicles by the end of this year. The zero on-road emissions iMievs test vehicles will be used by the Monte Carlo SBM hotels and...
Jennifer Knightstep -
Hyundai Confirms BLUE-WILL is a Plug-InHyundai announced that it will premier its plug-in concept the BLUE-WILL at the upcoming Seoul Auto Show. The premier of the BLUE-WILL at the Seoul Auto Show is no surprise as that has been reported here before, but what is surprising is the announcement that the vehicle will be a plug-in electric...
Eric Loveday -
Toyota to Sell 2 Versions of Prius in JapanToyota has decided to sell both the current Prius, and the upcoming 2010 Prius side by side in Japan for now. Toyota believes that the outgoing Prius can provide them with competition to the Honda Insight. Toyota has stated that there will likely be rebates on the old Prius to keep in...
Eric Loveday