Electric Cars
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The system of Energy Department loans set up in 2007 to promote the development of green technology has come under plenty of criticism, both ideological and political. Following the high-profile failures of several companies that accepted loans from the DoE, the system was put on hold in March 2011--and hasn't granted a loan since. That may now change, as the Obama administration considers re-starting the $25 billion loan program to kick-start more green vehicle technology. Speaking to The Detroit News, U.S. Energy Secretary Ernest Moniz said the government is "looking at what a new (loan)...
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Detroit Electric Delays Sports Car Pending Factory DealThe SP:01, Detroit Electric's battery-powered sports car not unlike the Tesla Roadster, is currently on hold, pending the company's purchase of a facility in which to build it. Production was due to start on the Lotus Elise-based electric car this month, but delays in finalizing a manufacturing...
Antony Ingram -
Nissan Applies For ‘R-Hybrid’ TrademarkCar and Driver has managed to get its hands on a trademark application for a new logo from Nissan, which contains “Pure Drive” and “R-Hybrid” labels. Nissan already uses the Pure Drive designation on some of its more fuel-efficient offerings but R-Hybrid is new and may hint...
Viknesh Vijayenthiran -
Tesla Model S Isn't A Luxury Car, So Stop Comparing It To ThemWe love it, and we love to hate its marketing almost as much as we despise the overzealous, often ignorant coverage in the press. First, Tesla insists on listing prices with government incentives--which buyers don't always qualify for--already deducted. Then we didn't get the more affordable 40-kWh...
Nelson Ireson -
Tesla Eying Asian Production On Back Of Strong Expected Demand For Gen 3 SedanTesla Motors has made no secret of its plans to move into the Asian market, and the company now says manufacturing plants in both Europe and Asia are on the cards. It's part of a large expansion planned for the electric car startup over the next few years, including new model launches, new...
Antony Ingram -
German Group Offers $25 Million For Fisker: ReportDespite it being close to a year since Fisker last made a car, the company is yet to announce bankruptcy and remains confident a new investor or even a potential buyer can be found. Several groups have made their interest known, including one led by auto industry veteran Bob Lutz, another led by...
Viknesh Vijayenthiran -
With NEVS’ acquisition of Saab and some of the bankrupt automaker’s remaining assets complete, the consortium, made up of Chinese and Japanese interests, is now focused on the launch of its first model. The plan is to start production at Saab’s main facility in Trollhättan, Sweden and then eventually ramp up production in China as well. Speaking with Automotive News (subscription required), NEVS spokesman Mikael Oestlund said the company had hired about 300 staff at the Trollhättan plant and that production could be restarted this year. Oestlund went on to reveal...
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BMW Concept X5 eDrive Tries To Put The SAV On The Plug-In Hybrid MapHybrids, even plug-ins, can be fun these days. But can they also be useful for more than ripping off righteous 'Ring laps and waddling back and forth from the grocery store? Say, perhaps, some mild off-roading while toting a team's worth of peewee-league soccer players and gear? Perhaps. At least...
Nelson Ireson -
Opel Monza Concept Revealed Ahead Of Frankfurt Debut: VideoOpel’s new Monza concept, set for a debut at next month’s 2013 Frankfurt Auto Show, looks more like a shooting brake than a traditional coupe. The concept previews the future design direction for General Motors’ struggling European unit and is the first Opel designed from the...
Viknesh Vijayenthiran -
Range Rover Hybrid And Range Rover Sport Hybrid RevealedLand Rover is launching its first-ever hybrid models in the form of the new Range Rover Hybrid and Range Rover Sport Hybrid, which make their world debut next month at the 2013 Frankfurt Auto Show and go on sale overseas early next year. Both vehicles feature state-of-the-art diesel-electric hybrid...
Viknesh Vijayenthiran -
Tesla Model S Rated As Safest Car On Sale By NHTSAThe Tesla Model S electric sedan isn't just receiving awards from all quarters--it's also incredibly safe should the worst occur. Just how safe has come to light in extra information provided by Telsa Motors [NSDQ:TSLA], following the car's recent five-star NHTSA crash tests. It's scored the best...
Antony Ingram -
Mercedes-Benz S500 Plug-In Hybrid: 0-60 In 5.5 Seconds And 78 MPGMercedes-Benz first hinted at the launch of an S-Class with plug-in hybrid capability as far back as 2009 when it unveiled the Vision S500 Plug-In Hybrid concept. Here was a full-size luxury sedan capable of 0-60 mph runs in under 6.0 seconds and gas mileage of 70 mpg or better, but the best part...
Viknesh Vijayenthiran -
Toyota’s new Yaris Hybrid-R concept car has been revealed ahead of its debut next month at the 2013 Frankfurt Auto Show. The concept was developed to showcase technology from the automaker’s TS030 Hybrid Le Mans prototype in a road car application as well as lay the groundwork for the launch of a new generation of high-performance hybrids, including a potential successor for the Supra sports car. As previously reported, the Yaris Hybrid-R develops as much as 400 horsepower from an advanced gasoline-electric hybrid drivetrain. At its heart is a turbocharged 1.6-liter four-cylinder...
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U.K. Political Party Wants Ban On Non-Hybrid Gas And Diesel Cars By 2040One of Great Britain's major political parties says it wants to see diesel-powered and non-hybrid gasoline-powered passenger cars banned from British roads by 2040. The Liberal Democrats, part of the U.K.'s current coalition government, said it would even be willing to accelerate the timing of the...
Viknesh Vijayenthiran -
Fox Sports Acquires Broadcast Rights For Formula EFox Sports has signed a multi-year deal with organizers of the Formula E Championship for broadcast rights of the new electric car racing series. The deal includes broadcast exclusivity across the Fox family of networks in the U.S., including the new Fox Sports 1 channel which launches on August...
Viknesh Vijayenthiran -
BMW Sees U.S. As Top Market For 2015 i8It was four years ago at the 2009 Frankfurt Auto Show that we first saw BMW roll out its Vision EfficientDynamics concept and announce its commitment to launching an advanced sports car with stellar gas mileage based on it. At the 2013 Frankfurt Auto Show in one month’s time, BMW will finally...
Viknesh Vijayenthiran -
All-Wheel-Drive Tesla Model S In The Pipeline: ReportTesla CEO Elon Musk has said in the past that more Model S variants were in the pipeline, which led us to speculate that one would likely be an all-wheel-drive version built using the dual-motor setup previewed in the Model X crossover. Since both cars are spun from the same underlying structure...
Viknesh Vijayenthiran -
Tesla Model S Scores Five-Star Safety Rating From NHTSA: VideoAnyone who initially wrote off Tesla as not lasting should start officially eating their words. I mean that literally... go write down what you said on a piece of paper, stuff it in your mouth, and start chewing. The upstart automaker recently turned a profit in the first quarter of 2013, and then...
Jeff Glucker -
Tesla keeps moving from strength to strength, with sales of the company’s Model S electric sedan steadily increasing, profit levels remaining positive and expansion of the business running smoothly. This week, Tesla Motors [NSDQ:TSLA] released its financial results for the second quarter of 2013 where it was revealed the company recorded a net income of $26 million, compared to the $15 million for the first quarter. Tesla also said gross margin improved from 17 percent in the first quarter to 22 percent in the second, and its automotive gross margin (excluding revenue from the sale of...
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2015 BMW i8 Specs RevealedThe new i3 electric hatch isn’t the only i-badged BMW we’ll be seeing this year; another is a new i8 plug-in hybrid sports car that will not only top the i range of cars but also serve as BMW’s flagship. We were given our first taste of the i8 four years ago, when BMW rolled out...
Viknesh Vijayenthiran -
Toyota To Showcase Le Mans Tech In New Hybrid-R Road Car ConceptToyota will present a new concept at the 2013 Frankfurt Auto Show next month that the automaker has confirmed will showcase its hybrid technology from its race-winning Le Mans prototypes in a road car platform. Along with the announcement, Toyota released the first of three teaser images, which...
Viknesh Vijayenthiran -
Tesla Ups Prices On Some 2013 Model S OptionsTesla has increased prices on some of its options while making others only available as part of packages.
Viknesh Vijayenthiran -
First Formula E Electric Racer To Debut At Frankfurt Auto ShowFormula E electric car racing doesn’t get underway until September 2014 but the race cars that will be competing in the event’s inaugural season will be revealed this September, at the 2013 Frankfurt Auto Show. All teams competing in Formula E’s inaugural season will use a common...
Viknesh Vijayenthiran -
BMW Committed To Fuel Cell VehiclesBMW CEO Norbert Reithofer reiterated his company’s commitment to fuel cell technology, revealing in a speech this week that a purpose-built fuel cell vehicle was being considered for production. BMW has just taken the covers off its first battery-powered electric production car, the 2014 i3...
Viknesh Vijayenthiran