Those who follow the markets know that earnings reports – good or bad – tend to trigger big moves in a stock price only when they are surprises. No one knows this better than master showman Elon Musk, so in a way it was no surprise that the size of Tesla’s first-ever quarterly profit, announced… Read more »
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Tesla cleans up on California ZEV credits
California’s system of Zero Emission Vehicle credits appears to be working precisely as intended, according to the Los Angeles Times. The state’s Air Resources Board has mandated that 15% of new-car sales in 2025 consist of ZEVs, but the system allows companies that aren’t selling enough clean cars to meet the mandate to purchase credits… Read more »
April plug-in sales: Model S grabs the lead, Volt and Prius drop back
Total plug-in vehicle sales in the US fell back a bit in April (7,239 units sold), after setting an all-time record in March (7,830). It’s starting to be a thrilling race, with the front-runners swapping places, new entrants getting ready to enter the track, and early favorites dropping out. The big news is Tesla, which… Read more »
GM CEO: next-generation Volt will see big price drop
GM CEO Daniel Akerson was talking green with Fortune’s Geoff Colvin at this week’s Brainstorm Green conference. He talked about the $90 million that GM saves every year in the US from its energy- and waste-saving policies, and took a dig at the politicians, pointing out that no president since Nixon has articulated a national… Read more »
Researchers discover memory effect in Li-ion batteries
Scientists at the Paul Scherrer Institute (PSI) and the Toyota Central R&D Labs have reported a memory effect in lithium-iron phosphate (LiFePO4) batteries that appears after only one cycle of partial charge and discharge. Memory effects are well known to users of nickel-cadmium and nickel-metal-hydride batteries. If these batteries are recharged repeatedly after being only partially… Read more »
Plug-in vehicle sales set a new record in March
Please don’t tell any of the mainstream media, but US plug-in vehicle sales reached a new all-time high in March. Interestingly, pure EV sales (4750) outnumbered PHEV sales (3080), which, if its not just a temporary market gyration, would seem to be a reversal of the current conventional wisdom. In first place for March is… Read more »
February plug-in sales: Volt back on top, LEAF in short supply
As overall sales continue to be slow, the Chevrolet Volt regained its title of best-selling plug-in vehicle in the US with deliveries of 1,626 units in February. It was no surprise to see a large increase over January’s meager sales of 1,140, which GM attributed to a holiday production pause. Significantly, the latest number handily… Read more »
Tesla Shareholder Letter trumpets 2012 triumphs
Tesla’s 2012 Shareholder Letter reads like a bundle of good news for EV fans, but the bean counters on Wall Street are less impressed.
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Pennsylvania extends EV rebate program
Vehicles with a battery system capacity of 10 kWh or more are eligible for the $3,000 rebate amount.
Gridtest CEO on EVSE safety and interoperability issues discovered in the field
Neal Roche summarizes some critical EVSE safety issues uncovered by Gridtest Systems.