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 »
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New Jersey bans Tesla direct sales in last-minute move
Tesla lost a battle in its ongoing war with the auto dealers this week, as the New Jersey Motor Vehicle Commission approved a new rule that will effectively block Tesla’s direct sales model in the state. The new law, which will go into effect in April, requires new motor vehicles to be sold through middlemen… Read more »
Jaguar Land Rover will eventually produce an EV
Luxury automakers are at the forefront of the electrification trend, and Jaguar Land Rover is no exception – it has unveiled a Range Rover Hybrid, and has an all-electric version of the famous Defender safari-mobile in real-world trials. At this week’s Geneva Auto Salon, Dr Wolfgang Epple, the company’s Director of Research and Technology, told… Read more »
February plug-in vehicle sales: LEAF leading, Volt vexing
Auto sales are still in their yearly winter hibernation, but February did see a respectable monthly increase, with 7,055 plug-ins sold, compared to 5,450 in January. The LEAF held its strong lead with 1,425 units, over double February 2013 sales. Next month will mark one full year that Nissan has been building LEAFs in the… 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 »
Pomegranate-style anode could lead to next generation of batteries
The big buzz on the EV tech scene these days is about silicon anodes, which could offer ten times more storage capacity than carbon anodes. Scientists around the world are looking for ways to overcome the remaining obstacles to using silicon for a new generation of lithium-ion batteries. Researchers at Stanford University and the DOE’s… Read more »
Tesla poaches yet another Apple alumnus
Tesla has always been more likely to take its inspiration from Silicon Valley than from the Rust Belt, one of the reasons for the success of its disruptive doings. This week, the bad boys of the auto industry hired Kristin Paget, who re/code described as a “noted hacker.” Paget helped Microsoft in its efforts to… Read more »
Auto sales, including plug-ins, freeze up in January
After a stellar 2013, overall auto sales took a big dip in January, and plug-ins were no exception to the trend. Auto sales slid 3% as snow and ice kept people away from dealerships. Total plug-in sales were little more than half of December’s (but still more than in January 2013). The LEAF was firmly… Read more »
Norway to reevaluate EV incentives: too much of a good thing?
EVs may still draw stares in many American cities, but in Norway these days, they don’t merit a second glance. For the last three months, the Model S and the LEAF have been the best-selling cars in the country. Total EV sales are around 1,200 a month, or over 10% of all auto sales. According… Read more »
