Abu Dhabi National Energy, a mostly state-owned firm in the United Arab Emirates, announced this week that it is selling its seven-percent stake in Tesla Motors [Nasdaq:TSLA].
The Vehicles
Hyundai Heavy partners with Magna E-Car to develop lithium-ion batteries
The link between building supertankers and oil rigs and making lithium-ion batteries may not be an obvious one, but the synergy seems attractive to Hyundai Heavy Industries, the world’s largest shipbuilder, which announced Wednesday that it will form a joint venture with Magna E-Car Systems, which supplies a wide range of EV components, including lithium-ion… Read more »
VIDEO: Audi develops simulated engine sounds for future e-tron models
Silence is one of the wonderful things about EVs – until you get blindsided by one at a crosswalk. Recognizing the danger that silent-running vehicles pose to cyclists and pedestrians, governments around the world have mandated that EVs emit warning sounds, and most automakers now incorporate some sort of virtual engine sound into their EVs… Read more »
Fisker secures new financing and unveils new Atlantic sedan
The overall look is similar to the Karma, including the “grinning shark” front grille that creates what Fisker calls a “rear-view mirror presence.”
Record high Volt sales in March
Despite strong numbers GM is faced with an oversupply, and plans to suspend production of the new PHEV for three weeks in July, instead of the traditional two-week holiday.
VIDEO: BMW unveils i8 Concept Spyder PHEV
The i8 Concept Spyder is an extremely sporty open-top two-seater with a 131-hp electric motor on the front axle and a three-cylinder 223-hp gas engine.
VIDEO: Volvo unboxes its new V60 diesel PHEV
Volvo has released a triad of videos to tout the launch of the plug-in version of its V60 wagon.
Ford commits huge facility to electric and hybrid R&D
Ford announced Wednesday that it plans to dedicate one of its largest research and development labs – the 285,000-square-foot Advanced Engineering Center in Dearborn, Michigan – to electrified vehicle development. The company has 1,000 engineers working on electrification, is hiring dozens more, and plans to triple production capacity for hybrids and EVs in 2012…. Read more »
Brammo selects Sheffield Financial to provide financing to motorcycle buyers
The company announced Wednesday that Sheffield Financial of North Carolina will provide retail financing through Brammo dealers in all 50 states.
Video: A pro-Volt conservative finds a forum on Fox News
Lee Spieckerman, CEO of Spieckerman Media: [some Fox commentators] seem to have kind of a fetish for demonizing the Volt