Smith sees a bright future in electric trucks on the horizon, but must wade through a sea of speculation to get there. All Smith Electric Vehicles Corp. wanted was a long-term growth strategy that would let the company scale up production of its all-electric, zero-emission medium-duty trucks at the same time that it beefed up… Read more »
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December 2012: best month ever for plug-in vehicle sales
Even as the mainstream press continues to insist that no one is buying plug-in vehicles, December set a new monthly sales record, as the three market leaders continue to battle for the top spot, and a couple of new entrants posted impressive early results. The Chevrolet Volt rebounded from a weak November to sell 2,633… Read more »
Delivery delays led to destruction for 338 ill-fated Karmas
"All or virtually all of the vehicles [destroyed] were subject to a safety recall requiring the replacement of cooling fans before they could be distributed lawfully to retail dealerships."
Wanxiang wins A123 at auction
Chinese auto parts firm Wanxiang is the proud owner of battery maker A123 Systems, having won this week’s bankruptcy auction with a bid of between $250 million and $260 million, according to the Wall Street Journal. Other bidders included Johnson Controls, NEC and Siemens. Wanxiang will not be buying the segment of A123 that provides… Read more »
Auction for assets of A123 begins in Chicago
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.
Tesla Model S to become even pricier
Tesla announced this week: “Yes, we will be announcing a Model S price increase in the near future."
October plug-in vehicle sales break records
With a presidential election and a deadly hurricane hogging the headlines, it’s perhaps understandable that the major national news media have ignored the most important story: all three of the mass-market plug-in vehicles broke sales records in October, while also topping the Consumer Reports customer reliability survey. Once again the Chevrolet Volt leads the plug-in pack. The… Read more »
A123 finally runs out of juice and files for bankruptcy
Battery maker A123 Systems announced that it has filed for Chapter 11 bankruptcy, and agreed to sell its automotive business assets to Johnson Controls. Once considered a promising startup with innovative technology, the company took a huge hit in March, when it was forced to recall a batch of defective batteries destined for Fisker’s Karma… Read more »
Colorado Republican candidate loves his Volt
Colorado Republican congressional candidate Joe Coors bucks the trend in a new campaign commercial, which was filmed inside his Volt.
Monthly EV sales continue to grow
It’s that time again – September sales figures are in. Overall EV sales are up, and the standings remain the same.The Chevy Volt sold 2,851 units, a slight improvement over August’s all time record of 2,831, for a year-to-date total of 16,348. The Volt’s Hamtramck assembly line will remain idle until October 15th. Toyota’s Prius… Read more »