Newswire

Austin Energy gets $500,000 to promote plug-in vehicles in Central Texas

Deep in the heart of a state that’s famous for petroleum and pickup trucks, Austin Energy, the electric utility that serves the capital city, is a leader in promoting electric vehicles. The US Department of Energy (DOE) has awarded the company an additional $500,000 to encourage plug-in vehicle adoption in Central Texas. Austin Energy has… Read more »

November sales: Prius Plug-in takes lead, Volt drops to third place

The good news: 2012 plug-in vehicle sales may turn out to be triple the 2011 figure. The bad news: November’s total is down a little from October, and sales of the former front-runner, the Chevy Volt, took a big hit. The Volt sold 1,519 units in November, a steep decline from October, in which the… Read more »

Tesla reaches break-even point as it struggles to catch up with orders

Tesla’s on a roll these days. Still basking in the glory of rave reviews by Motor Trend and Consumer Reports, CEO Elon Musk announced that the company has stopped burning cash and reached the break-even point, a major milestone for any start-up. “Am happy to report that Tesla was narrowly cash flow positive last week. Continued improvement expected… Read more »

Tesla announces modest price increase as media raves about Model S

  For many prospective Model S buyers got, today’s news was probably a pleasant surprise, as Tesla announced that its much-feared price increase would be – drumroll, please – $2,500. Many in the media thought it was madness to raise the price for the American-made electric luxury sedan, as everyone agrees that high up-front prices… Read more »

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