Fisker was forced to temporarily shut down production of its Karma luxury sedan due to A123’s troubles, and is hoping for a quick resolution.
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 »
US establishes Joint Center for Energy Storage Research to build better batteries
The federal government will award up to $120 million over five years to establish an Energy Storage Hub led by Chicago’s Argonne National Laboratory.
Price and range announced for two Volt competitors
Ford’s Fusion Energi and Honda’s Accord plug-in hybrid are both scheduled to go on sale in early 2013. Prices for the three models seem similar, but a closer look reveals some major differences.
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 »
Batterymaker bankruptcy forces Fisker to pause production
Fisker CEO Tony Posawatz told the press this week that the company has been forced to shut down production of the Karma until it figures out where its next batteries are coming from.
Smith Electric Vehicles plans new factory in Chicago
The new factory is expected to produce 1,200 vehicles a year, and create at least 200 new jobs.
Fiat proudly (or grudgingly?) unveils the electric 500e
Fiat will introduce its new EV, the 500e, on Friday at the Los Angeles Auto Show. The tiny two-door is an electrified version of one of Fiat’s most iconic models – it’s ubiquitous in Europe, where it’s affectionately known as the “Italian backpack,” but went on sale in the US only in 2011. The 500e… Read more »