In a sign of openness toward its customers, Mitsubishi will begin publishing real-world MPG figures for their entire lineup, beginning with the Outlander PHEV.
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After months of speculation, Tesla drew back the curtain on their most ambitious project to date, the Gigafactory.
In the wake of Tesla shares hitting an all-time high of $259.20 after Morgan Stanley raised its target price to $320/share, battery maker Panasonic is gathering a few partners to go all in on a $1 billion investment in the automaker’s Gigafactory battery production plant.
Though some electric vehicles have seen their share of woes, from fires in individual cars to bankruptcies filed by manufacturers, German chemical maker BASF is going in for the long game by investing in the EV battery market.
Sometime this week, Tesla CEO Elon Musk will announce everything there is to know about the EV automaker’s Gigafactory, from location and price tag, to its heavy reliance on renewable energy sources.
Tesla announced their Q4 2013 earnings saw a total net loss of $16 million while pulling in an annual revenue of $2 billion on the strength of higher sales and more efficient manufacturing methods.
Though the municipal government in Beijing has set aside 20,000 license plates for electric vehicles in an attempt to offset their ongoing air quality woes, very few residents are interested, even if it means waiting a long time to own a gasoline-powered car.
Before a gathering at a distribution warehouse in Maryland, United States President Barack Obama announced that his administration has set March 2016 as the deadline for the next round of fuel efficiency and emissions standards for medium and heavy trucks to meet compliance.
Last week, Rueters reported that Wanxiang, a Chinese parts supplier, had won the bankruptcy auction for Fisker Automotive. The bid was valued around $149.2 million. The deal comes to close after a bidding war between Wanxiang and Hybrid LLC — a group who includes Richard Li, a Fisker investor and Hong Kong billionaire. In November, Fisker asked for Hybrid Technology LLC to purchase the bankrupt company for $25 million, but creditors objected the deal in November and brought Wanxiang into the case in December.
Today Delaware, U.S. Bankruptcy Judge Kevin Gross approved of the sale to Wanxiang. He stated that the auction “shows that a fair process is a good thing.”
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As other manufacturers downsize their offerings to meet ever-increasing fuel economy milestones, Mazda’s SkyActiv program utilizes engine geometry to hit those marks, resulting in the automaker’s current offerings looking rear-wheel drive while feeling front-wheel drive.
As Ford’s newest F-150 dons an aluminium crown in place of steel, the usurpers waiting to take the throne of Truck Mountain are running to secure their own supplies of the lightweight metal.
According to the University of Michigan Transportation Research Institute, the fleetwide fuel economy in the United States increased for the second consecutive month to 24.9 mpg during the month of January 2014.
During a Tesla townhall meeting at the automaker’s European headquarters in Amsterdam, CEO Elon Musk announced to owners that an all-wheel drive version of the vaunted S would arrive in showrooms by the early months of 2015 at the latest.
In the ongoing battle in Green Valley below Truck Mountain, Chevrolet has unleashed a CNG conversion kit for both 2500 and 3500 variants of the 2015 Silverado HD.
Truck Mountain may still be held by the soon-to-be-lightened Ford F-150, but the fuel-efficiency battle in the valley below is already underway, thanks to Ram’s 1500 EcoDiesel pulling the highest mile-per-gallon highway rating of any light truck in the United States at 28 mpg.
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