ZAP lands $25M, branches into full-size electric vehicles
ZAP, a company known for building electric motorcycles and three-wheel cars, has just raised $25 million in capital and plans to use the money to jump headlong into full-size electric vehicles. To buoy this effort, it is also seeking $200 million in stimulus loans from… Continue Reading
Electric cars disappointed in 2008 — and 2009 won’t be different
The Detroit Auto Show is underway, and the world’s most famous vehicle brands are touting the next generation of cars. And although yesterday’s fervent promises of hydrogen-powered vehicles have mostly fallen away, they’ve been replaced with new promises, this time centered around the idea of… Continue Reading
Tesla Motors to site its manufacturing plant in San Jose
Tesla Motors, the heavily-funded electric car company that produces the high-end Roadster sports car, has settled on a location in San Jose, Calif. for its manufacturing plant to make a more market-oriented car model.
The site of the new factory has been uncertain, while Tesla let… Continue Reading
30 electric cars companies ready to take over the road
It’s official: Green car madness has taken over. After seeing more electric and hybrid vehicle startups than we could keep track of, we finally decided to start keeping count.
We’ve compiled a list, below, of 27 (update: the list has reached 30; thanks for the comments)… Continue Reading
The Zap-X dream car, so much hype?
Santa Rosa, Calif. company Zap, a company that has gone through bankruptcy once already, is asking for $25,000 deposits on its electric car that has yet to be built.
The company is making all kinds of promises (first reported by Forbes and picked up by a… Continue Reading