The company will spend $50 million on 200 DC fast charging stations, $40 million for level 2 charging station infrastructure, and 9$ million on research and development.
Search Results Found For: "Lion Electric"
CODA gives up on DOE loan, forms partnership with Chinese automaker
CODA Automotive has signed a contract with Great Wall Motors to co-develop a new EV for the North American, Chinese, and European markets. CODA CEO Phil Murtaugh told the Detroit News that the new car will be “the most affordable EV on the market, comparable to entry-level internal combustion engine vehicles.” He added that the new car… Read more »
VIDEO: Spyders attack as Porsche and BMW show off prototype plug-in roadsters
Fans of electrical high performance will salivate over this new video from Motor Trend’s Wide Open Throttle, which gives us sneak peeks at two screamingly speedy prototype PHEVs from Porsche and BMW. Apparently, Motor Trend believes their audience is behind the times, for narrator Paul Horrell feels compelled to tell us that Porsche’s 918 Spyder is… Read more »
Abu Dhabi firm sells stake in Tesla
Abu Dhabi National Energy, a mostly state-owned firm in the United Arab Emirates, announced this week that it is selling its seven-percent stake in Tesla Motors [Nasdaq:TSLA].
Tesla stock takes off after analyst raises rating
The fun started when Wunderlich Securities analyst Theodore O'Neill took a tour of Tesla's California headquarters factory on Friday.
NRG to build EV fast charging infrastructure in California
NRG Energy made a deal with the California Public Utilities Commission that calls for NRG to invest $100 million over the next four years to build a comprehensive EV charging network.
Market mauls A123 as it recalls defective battery packs
A123 Systems (Nasdaq: AONE) announced today that it will replace battery modules built at the company’s Livonia, Michigan factory, because they may contain defective prismatic cells.
LEAF goes on sale in all 50 states
Another milestone in the slow and deliberate rollout of EVs was reached today, as Nissan announced that the LEAF is now available for order in all US markets.
VIDEO: Audi announces its A3 e-tron pilot program
On Monday, the opening day of TED2012, Audi presented the battery-electric Audi A3 e-tron pilot program, which will be implemented in select cities of the U.S. as a part of the company’s e-mobility driver experience for premium car buyers. Why the slow roll out? We asked Brad Stertz, Audi’s corporate communications manager. “Our program is… Read more »
Chrysler says no thanks to DOE loan, after yes please to grant
Chrysler Group LLC announced Thursday that it has withdrawn its application for an Advanced Technology Vehicles Manufacturing loan from the DOE