The American-made Volt continued its reign as Prince of Plug-ins in August, selling 2,831 units in the US, its highest monthly figure since it went on sale In December 2010.
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National Electric Vehicle Sweden AB (NEVS), a consortium of Swedish and Chinese stakeholders, has finalized its acquisition of Saab, including the rights for the Saab 9-3, the Phoenix platform, and the manufacturing plant, test and laboratory facilities in Trollhättan, Sweden. The new company will be solely dedicated to development and manufacturing of EVs. NEVS majority… Read more »
Forbes reaffirmed its optimistic outlook for Tesla Motors’ stock, while noting three major risks that could put the brakes on the bull.
Rudy Burger, a partner at a Silicon Valley investment bank, doesn’t seem daunted by Fisker’s setbacks. The owner of the Karma sedan that caught fire on August 10, he intends to invest in the company.
General Motors has announced that it is fabricating and testing prototype battery cells and systems at its Advanced Technical Center in Shanghai.
Electric vehicles (EVs) have their partisans and detractors. Supporters see the be-all and end-all transportation solution, while opponents argue the technology is too young. Somewhere between the two extremes lies the truth: today’s commercially available EVs have strengths and weaknesses compared to internal combustion engine (ICEs). The strong points include lower operating costs and lack… Read more »
CEO Elon Musk, usually a relentless optimist, admitted to the huge hurdles ahead when he spoke at the National Clean Energy Summit last week in Las Vegas.
The DOE’s Advanced Research Projects Agency-Energy (ARPA-E) has selected 19 new projects that will receive a total of $43 million to develop new energy storage technologies. The projects are supported through two new ARPA-E programs – Advanced Management and Protection of Energy Storage Devices (AMPED) and Small Business Innovation Research (SBIR) – and will focus… Read more »
Azure Dynamics Corporation announced this week that it has entered into an agreement to sell its portfolio of patents and related rights and assets to a third party, which would seem to end speculation that the company might emerge from bankruptcy. Canada-based Azure, in partnership with Ford, developed an electric version of the popular… Read more »
GM sold 1,849 Volts in July, bringing the year-to-date total to 10,666, and total US sales since launch to 18,663.