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Asian group plans to relaunch Saab as an EV-only brand

Fans of Swedish engineering were “sobbing” last December when the country’s #2 automaker filed for bankruptcy. Since then, administrators have negotiated with a number of potential buyers. Now they appear to have struck a deal that will not only preserve the iconic Saab brand, but position it on the electrified cutting edge. A consortium called… Read more »

Remy International signs supply agreement with VIA Motors

Remy International (OTC-PINK: RMYI) and VIA Motors have announced a joint agreement to supply Remy’s HVH electric motors for VIA’s plug-in hybrid commercial trucks. Privately-held VIA offers a lineup of powerful PHEVs that it calls VTRUX, including full-size pickups, vans and SUVs. The company’s eREV powertrain includes a 4.3-liter gas V6, a 300-kW electric motor,… Read more »

A123 Systems returns from death’s door with breakthrough new battery technology

A123 Systems (Nasdaq:AONE) showed once again why, in a business dominated by much larger firms, it’s a contender that can’t be counted out. Just days after the company conceded that its ability to continue operations was in doubt, it announced a new lithium ion battery technology called Nanophosphate EXT, and its stock price instantly accelerated… Read more »

VIDEO: New Inside Tesla blog shows off Model S production line

The new weekly blog “Inside Tesla” offers a look behind the scenes at the Silicon Valley automaker’s Fremont, California factory, as it cranks out the new Model S sedan, which will be launched in June. It’s not just Tesla’s gleaming new factory that’s on display, but also the company’s legendary marketing savvy – this footage… Read more »

Tesla’s Model S earns maximum safety rating, will start deliveries in June

Tesla announced today that Model S has completed crash testing, earning a five-star safety rating. With the final hurdle for public sales cleared, the company will begin customer deliveries on June 22. Tesla is totally committed to marketing Model S (unlike another automaker that began delivering its new EV this week), and has a full… Read more »