The DOE is encouraging auto suppliers to step forward for a share of $16 billion in low-interest financing that’s still available under the Advanced Technology Vehicles Manufacturing (ATVM) loan program. Congress created the ATVM program in 2007, and it famously lent about $8.4 billion to Ford, Nissan, Tesla and Fisker. Although the program hasn’t approved… Read more »
Search Results Found For: "Ford Pro"
Tom Gage on ZEV mandates, Tesla’s early days, BMW’s EV commitment and V2G tech
Q&A with the EV trailblazer Tom Gage Tom Gage is one of America’s true EV pioneers. He’s perhaps best known as one of the designers of the tzero electric sports car that provided the inspiration for the Tesla Roadster. However, that is far from his only contribution to the electric mobility field. Charged recently caught up… Read more »
March plug-in sales: LEAF leaps ahead, Volt vindicated
In the spring a young person’s fancy lightly turns to thoughts of…a new car! Overall auto sales were up 6% in March, and plug-in sales surged. 9,376 units were sold, a healthy increase both on February’s figure (7,055) and last March’s measure (7,982). The LEAF opened up a wide lead with 2,507 units, a respectable… Read more »
Legislative update: California, Georgia, Utah and federal EV incentives
California clean vehicle rebate funds run out, waiting list openedOn March 28, the California Air Resources Board (CARB) announced that it has run out of available FY 2013-14 funding for the Clean Vehicle rebate, and it has opened a $5 million rebate waiting list. CARB estimates that it will need a total of $30 million… Read more »
China’s best-selling plug-in: BYD’s QIN
China’s National Passenger Car Association has named BYD’s QIN plug-in hybrid sedan (pronounced “cheen”) the country’s best-selling electric vehicle. Since its launch in China in December, the BYD QIN has sold more than 6,000 vehicles, which represents over half of the Chinese new-energy vehicle market. Chinese buyers of plug-ins and other “new energy” vehicles receive… Read more »
Remy to supply motors for EchoDrive plug-in hybrid system
Echo Automotive (OTCQB: ECAU) has announced an agreement with Remy International to supply electric motors for Echo’s EchoDrive plug-in hybrid system, which is scheduled for production later this year. “Remy has over 100,000 electric motors on the road with over 2 billion miles and over 10 years of electric traction motor production,” said Echo President… Read more »
New Jersey bans Tesla direct sales in last-minute move
Tesla lost a battle in its ongoing war with the auto dealers this week, as the New Jersey Motor Vehicle Commission approved a new rule that will effectively block Tesla’s direct sales model in the state. The new law, which will go into effect in April, requires new motor vehicles to be sold through middlemen… Read more »
Tesla does it again: sales, revenue, stock price take off
Tesla has done it again. Financials for the fourth quarter of 2013, released this week, show record sales, growing revenue and dwindling net losses. Wall Street dug it. TSLA stock has broken out past the $200 mark and set a new all-time high. By the way, the stock market utterly ignored last week’s report of… Read more »
Pomegranate-style anode could lead to next generation of batteries
The big buzz on the EV tech scene these days is about silicon anodes, which could offer ten times more storage capacity than carbon anodes. Scientists around the world are looking for ways to overcome the remaining obstacles to using silicon for a new generation of lithium-ion batteries. Researchers at Stanford University and the DOE’s… Read more »
Tesla poaches yet another Apple alumnus
Tesla has always been more likely to take its inspiration from Silicon Valley than from the Rust Belt, one of the reasons for the success of its disruptive doings. This week, the bad boys of the auto industry hired Kristin Paget, who re/code described as a “noted hacker.” Paget helped Microsoft in its efforts to… Read more »