If you’ve never heard of Lite-On, don’t feel bad – it’s a quiet giant. However, it’s quite likely that you’re using one of the company’s products right now. The Taiwan-based group is the world’s biggest manufacturer of LEDs and power supplies for consumer electronics. Most of the major computer and smartphone makers use its power… Read more »
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EVs in paradise: plug-ins and island markets
Islands make perfect EV habitats. Driving distances are generally short, and the need to ship supplies from the mainland keeps gas prices high. Also, islands around the world face a lot of environmental challenges, and many island economies depend on tourism, so the level of green consciousness tends to be high. Island governments around the… Read more »
TSLA floors it again
There’s no stopping Tesla now. The company’s stock (Nasdaq: TSLA) rose over 7% to close at a new high on Monday after a bullish analyst’s report highlighted the strong sales of Model S, and the trickle of good news continued. Jefferies analyst Elaine Kwei noted that most of this year’s gains in the large luxury sedan segment are… Read more »
Sign the White House petition to allow direct Tesla sales in all 50 states
A White House petition asks the federal government to intervene in the ongoing war between Tesla Motors and trade associations representing auto dealers, by blocking states from requiring that cars be sold only by third-party dealers. The Obama administration promises to review and respond to any citizen petition that garners 100,000 signatures within a month. The petition… Read more »
NADA: prices of used plug-ins to drop 30% in 2013
It’s bad news for early adopters, but good news for those who are impatient for EV prices to come down to a more affordable level. A new report from the National Association of Auto Dealers (NADA) predicts that values for used plug-in vehicles are expected to decline nearly 30% this year – the highest depreciation… Read more »
Tesla slightly sweetens financing program
Tesla has announced a couple of small improvements to the financing program that it introduced in April. It is raising the Model S resale value guarantee to make it the highest of any premium sedan (excluding rare, low volume or limited edition vehicles). Buying a Model S through the Tesla financing offering now comes with… Read more »
No range anxiety for Tesla’s stockholders
It’s probably not smart to bet against a man who can revolutionize online payments, stare down the mighty New York Times, and send a rocket into space. Tesla Motors shares (Nasdaq:TSLA) hit a record high Tuesday, flirting with $53 a share, then settled back today, to hover around $50 as of this writing. The start-up’s… Read more »
Tesla in Texas: direct sales and a new electric truck plant?
Not content to change the way automobiles are powered, Tesla Motors is now at the center of a battle that could change the way they are sold. CEO Elon Musk testified Tuesday in Texas in favor of pending legislation that would allow the company to sell cars directly to customers in the state. Current Texas… Read more »
Fisker Karma goes on sale in Canada
Canadian lovers of low-carbon luxury will be pleased to hear that the Fisker Karma will soon be arriving at auto dealerships in three cities.
Coda names Marvin K. Brown exclusive San Diego dealer
The first Codas are expected to show up at the Marvin K. Brown Auto Center in central San Diego in February, with more locations to follow.