Hyundai Motor Group has announced a record-high budget for 2012 that includes 5.1 trillion Korean won (about $4.4 billion) for R&D, of which the lion’s share will be for hybrids and EVs, according to Singapore news portal AsiaOne. Company spokespeople made it clear that eco-friendly cars will be its main focus in 2012. The giant… Read more »
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Smithsonian magazine taps EVs as a tech trend to watch in 2012
“Will 2012 be the year the electric car takes off?”
Meet the Saxtons: driving electric vehicles since 2008
In the late 1990s my wife, Cathy, decided she wanted her next car to be electric. It wasn’t until July of 2008 that she was able to find and buy one, a 2002 Toyota RAV4-EV, one of the few hundred saved from the crusher when California relieved the automakers from the short-lived requirement to produce… Read more »
DENSO develops home energy management system
DENSO Corporation, a Japanese supplier of automotive components, announced last week that it has jointly developed a home energy management system (HEMS) with Toyota Housing Corporation. The HEMS, which will be available in Japan in 2012, has optional functions that work with plug-in hybrid or electric vehicles. The system features a 7-inch touchscreen monitor that shows… Read more »
Consumer’s Union: EVs cost a lot less per mile
Consumer Reports published an article on Thursday that confirms what most of us already know: EVs are cheaper to run than ICE vehicles. A lot cheaper.
The Volt gains on the LEAF, but both falter near the finish line
Sales of the Chevy Volt accelerated in November – over 1,100 units – even as sales of Nissan’s Leaf continued to sputter – 672 units for the month.
Panasonic to provide power for plug-in Prius
Panasonic announced today that it will supply lithium-ion batteries for Toyota’s new Prius PHEV. The company is already supplying nickel-metal hydride batteries to several automakers, but this will be the first time its lithium-ion offerings appear in a production vehicle. The Japanese electronics giant is charging ahead in the battery business, with a major R&D… Read more »
Plug-in Prius goes on sale
The long-awaited PHEV version of Toyota’s trendsetter will begin deliveries in Japan in January, and in the US in March.
Nissan chief: the Leaf is our anti-crisis weapon
Japan’s number-two automaker has faced at least five major crises over the last few years – the US mortgage meltdown, the European debt debacle, a quake in Japan, floods in Thailand and a sky-high yen that makes things tough for Japanese exporters.
Tesla’s on a roll with strong quarterly results, a sold-out sedan and a projected profit
A wave of good news has buoyed Tesla’s stock price even in the recent choppy market.