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New study: Testosterone sells Teslas
Strategic Vision, a research-based consultancy, has released a New Vehicle Experience Study, which purports to offer some psychological insights into the behavior of Tesla buyers. Most of the conclusions here will surprise no one: Tesla owners have double the average household income of other EV owners ($293,200), and are more likely to be adding a… Read more »
Samsung SDI to supply batteries to Tesla?
Tesla is looking to diversify its supply of lithium-ion batteries, and is close to an agreement with Korean firm Samsung SDI, the Korea Herald reported, citing unidentified industry sources (an SDI official has denied the report). “We understand SDI and Tesla are undergoing last-minute tests before the Korean company starts to supply its batteries,” said… Read more »
EVs take 1.1% of California auto market
EV sales have cracked the whole-digit mark for the first time. Battery electric vehicles accounted for 1.1% of new vehicle sales in California in the first half of 2013, according to California Auto Outlook, a publication of the California New Car Dealers Association. Hybrids took 7% of the market, up from 6.2% in 2012, while… Read more »
Elon Musk reveals plan for Hyperloop, might build prototype himself
The Hyperloop: a new and super-high-tech form of transportation that can take passengers (and maybe even cars) from LA to San Francisco in 30 minutes, and that can be built for a tenth of what California is planning to spend on its high-speed rail system. If anyone else had come up with this idea, few… Read more »
Musk expands on Tesla’s Q2 financial report
Last evening, Tesla Motors announced its Q2 2013 financial results, and afterward, Chairman & CEO Elon Musk and CFO Deepak Ahuja took questions from journalists and analysts for about an hour. As expected, Musk did most of the talking, and covered a lot of ground concerning Tesla’s future production plans and international expansion. On… Read more »
TSLA floors it again
There’s no stopping Tesla now. The company’s stock (Nasdaq: TSLA) rose over 7% to close at a new high on Monday after a bullish analyst’s report highlighted the strong sales of Model S, and the trickle of good news continued. Jefferies analyst Elaine Kwei noted that most of this year’s gains in the large luxury sedan segment are… Read more »
OXIS Energy bets on lithium-sulfur
Though it may have a stinky reputation, sulfur could set EVs on the path to total ICE replacement if energy-dense, low-weight lithium-sulfur batteries become the norm. British-based OXIS Energy is banking its business on it. If American clean energy industries are to take full advantage of the emerging lithium-sulfur (Li-S) battery chemistry, they just may… Read more »
Supercars, hybrids and EVs take the stage in Geneva
At Geneva’s enormous Palexpo convention center, it’s obvious we’re not in Detroit – there’s hardly a pickup truck in sight, and the wine and coffee are flowing freely. Reflecting Europe’s colorful collage of cultures, a vast variety of vehicles from hybrids to EVs to seven-figure super-sports cars are spinning on the turntables. Europe is just… Read more »
Break out the Champagne: 100,000 plug-ins have been sold in the US
Is it a milestone in automotive history, or just an odometer moment? Who cares? Let’s celebrate! According to the latest estimates, the 100,000th plug-in vehicle was sold in the US some time this week. This total includes only “highway-capable” vehicles, not “neighborhood electric vehicles,” which number over 60,000 in California alone. The first of the… Read more »