Search Results Found For: "Motiv"

New York compromise allows Tesla to keep its company-owned stores

One state may have found a workable compromise in the war of Tesla versus the auto dealers. New York Governor Andrew Cuomo announced last week that the belligerents reached an agreement that allows the EV-maker to keep its five company-owned stores in the state. “Today’s agreement reaffirms New York’s long-standing commitment to the dealer franchise… Read more »

NHTSA closes investigation of Model S fires, Tesla installs new shield for battery pack

The National Highway Traffic Safety Administration (NHTSA) has closed a three-month investigation of the Model S fire incidents, as Tesla announced a design change to better shield the car’s battery pack from road debris. Shortly after the fires, Tesla made a software update that raised the ride height of the Model S to reduce the… Read more »

DOE offers funding for projects that increase deployment of alternative-fuel vehicles

The DOE intends to issue a Funding Opportunity Announcement (DE-FOA-0001097) entitled “Alternative Fuel and Advanced Vehicle Deployment Initiatives.” The estimated $4.5 million in funding will go to projects that increase the acceptance and deployment of alternative-fuel vehicles (including EVs). Areas of interest include: Vehicle demonstration and enhanced driver experience projects. The intent of this area… Read more »

Intertek offers third-party performance and cost data for EVs

Intertek, a company that specializes in third-party validation and compliance testing, is working with the DOE and several national laboratories to collect real-world data on all the most popular plug-in models, testing the vehicles’ performance, durability and operational costs. Intertek acquires new vehicles directly from a dealer, and installs data logging equipment, which uses Wi-Fi… 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 »

Creditors queue up with claims against bankrupt Fisker

Some 618 parties have filed claims against Fisker Automotive, which declared bankruptcy in November. The outstanding claims total $985.4 million, including about $594 million in unsecured claims, and $383 million in secured claims, according to the bankruptcy court. Wanxiang America has been approved by the court to purchase Fisker’s assets, including a former GM plant… Read more »

DENSO begins field test of wireless battery charging system

Global automotive supplier DENSO is beginning a ten-month field test of its wireless battery charging system in Toyota City, Japan. The test is intended to identify any potential operational issues and look at ways to enhance the convenience of wireless charging. For the test, DENSO has equipped a delivery truck with a power receiver that… Read more »

Golf GTE plug-in hybrid to debut in Geneva

Volkswagen will present its new Golf GTE plug-in hybrid at the upcoming Geneva International Motor Show. This is a significant milestone for the European automotive market, as the Continent’s most popular model line will now be available with a range of powertrains (gas, diesel, CNG, PHEV and fully electric). The Golf GTE has a 1.4-liter,… 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 »