Daimler: Hydrogen-powered cars a reality by 2015
Daimler’s chief executive Dieter Zetsche said today that hydrogen-powered cars will be ready for the mass market by 2015. The key will be making them cost-competitive with other automotive technology on the road, followed closely by building the necessary infrastructure, he said.
Even if the concept… Continue Reading
Tesla keeps it local, plans powertrain plant for Stanford Research Park
Tesla Motors announced today that it will base its new powertrain assembly plant in the Stanford Research Park in Palo Alto, Calif., as well as relocate its headquarters to the same area. In doing so, the now San Carlos, Calif.-based electric car company is playing… Continue Reading
Daimler passes 4 percent of Tesla to Abu Dhabi firm
Just two months ago, Daimler made news with its purchase of a 10 percent stake in electric vehicle front-runner Tesla Motors — but it’s already scaled back its ownership, offloading 40 percent of its holdings to Aabar Investments, a firm based in Abu Dhabi, United… Continue Reading
Tesla gets much-needed infusion from Daimler
Daimler, the German auto maker known for its ownership of Mercedes-Benz, has acquired a nearly 10 percent stake in Tesla Motors, the anointed electric car company to watch. And the deal — worth an unspecified tens of millions of dollars — couldn’t come at a… Continue Reading
Coulomb vies with Better Place to build electric car charging stations
The field of companies looking to establish networks of electric vehicle charging stations has become quite the horse race. And a relatively recent addition, Coulomb Technologies, has taken on reigning Silicon Valley firm Better Place with a new, grassroots business strategy targeting gas stations, government… Continue Reading
Roundup: Microsoft cuts Xbox 360 prices in Japan, Sarah Palin gets a positive spin on Wikipedia and more
Here’s the latest action:
Microsoft cut prices for its Xbox 360 videogame consoles in Japan by as much as 30 percent — The software giant is trying to increase momentum in its most challenging market as the holiday season approaches.
VP candidate Sarah Palin’s Wikipedia bio was cleaned… Continue Reading