BYD, the company we visited in yesterday’s story might ditch conventional gasoline-powered cars and focus on electrics, Reuters says in an exclusive story, (Read More…)
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Tag: EV
PrivCo, a private corporate intelligence firm, has published a 20+ page dossier on Fisker’s seemingly strong ability to fundraise for itself, while failing to do a good job of actually creating cars. With Fisker teetering on the verge of bankruptcy, the results are staggering; with just under 2000 units sold, Fisker burned through an estimated $1.3 billion in venture capital, taxpayer-funded loans and private investor funds.
Despite strong pushes from the government and auto makers, hybrid and plug-in cars aren’t gaining much ground in China. A report by La Tribune pegs registrations for these vehicles at a mere 0.17 percent of all registrations in Q1 2013.
California consumers interested in a Fiat 500e will be getting a sweetheart deal from Fiat; a $199 lease for 36 months with a $999 down payment.
Yesterday’s Tesla “lease offer”, (which turned out to be Elon Musk’s “big announcement”) was a classic display of Tesla’s penchant for theatrics. On the surface, the move is a smart one; most customers in the large luxury sedan segment tend to lease their cars, so Tesla’s move is nothing out of the ordinary.
Just ahead of their Q1 2013 earnings called, Tesla announced that they were profitable in the first quarter of the year, with deliveries exceeding their own targets. In addition, Tesla has also decided to discontinue the base trim of the Model S due to a lack of demand.
Fisker did put its entire workforce, all 200 of them, on furlough, “while it continues to search for a strategic partner,” Reuters says. That search is not going so well. And quite possibly, the workforce will never come back. (Read More…)
The gasoline range-extender that will be optional in BMW’s i3 electric car will be built by Kymco, a Taiwanese firm that is best known for its scooters.
With Nissan bringing Leaf production to Japan and the United States, the next stop on their localization train is Europe. The Sunderland, UK plant will begin in the spring, and along with European production will be a series of tweaks for that market.
If Elon Musk is still smarting about how much damage the New York Times has done to Tesla, the fledgling automaker can take comfort in the fact that the positive reviews are still pouring in.
Normally, I wouldn’t consider an 18-year-old Suzuki Cultus badged by a now-defunct GM marque to be worthy of inclusion in this series, but this particular example— which I found at my favorite Denver self-service wrecking yard— has been converted to electric power and is thus sort of interesting. (Read More…)
The Tesla vs. New York Times controversy has finally left the news cycle, forgotten in less time than it takes a Model S to juice up at a Supercharger station. Meanwhile, BMW is ready to introduce its new range of “i” vehicles, which will conveniently dodge the whole question of range anxiety.
Select European outlets were invited for ride-alongs in BMW’s new i3 city car and i8 supercar. The impressions gleaned from ride-alongs are generally next to worthless, but the technology being used by BMW is worth examining. Rather than a pure EV, BMW will be adopting a three-pronged approach – a pure EV, a range extender and a plug-in hybrid.
The drama circling around the New York Times test of the Tesla Model S doesn’t surprise me one bit. Why? Because I understand, perhaps at a deeper level than most of the motoring press, how batteries work. Perhaps that has to do with growing up in a family of engineers and scientists, but battery technology has always interested me. So when people from Phoenix came to me crying in their soup about their LEAFs in the heat and friends started wagging fingers at Tesla and the New York Times, I figured it was time for a battery reality check.
The New York Times had their public editor (think ombudsman) publish a response to the whole “Dead Tesla’ fiasco (summary by our own Dan Wallach here), and it is far from kind to reporter John Broder.
Carlos Ghosn’s assertion that “...electric vehicles could represent 10% of the global market in the next ten years, or 6 million vehicles…” may no longer be en vogue over at Renault, at least according to French business paper La Tribune.
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