The U.S. government is purchasing 116 plug-in electric and hybrid electric vehicles for its vehicle fleet — and it is picking up a nice discount on General Motors’ Chevy Volt, the same company it made a significant investment in to prevent the car manufacturer from failing.
In a sign of its continuing need for capital — and the good performance thus far of its stock — Tesla Motors said today it would sell 5.3 million more shares of common stock.
Nearly 60 percent of Americans will not buy pure plug-in electric cars — no matter what the cost — because they do not have the same range as a traditional car powered by an internal combustion engine, according to a USA Today/Gallup poll.
Ask any electric car owner to name the benefits of owning an electric car and the ability to leave your house every morning with a ‘full tank’ is likely to be at the top of their list, followed closely by the fact that most electric cars can provide enough range to last more than a day’s worth of driving.
Toyota executives will go to extraordinary, absurd lengths to avoid defining the body style of the new 2012 Toyota Prius V.
Toyota has unveiled a new line-up of hybrid electric Prius cars designed to attract more mainstream buyers to the fuel-efficient cars. The new models include a hatchback Prius v and a cheaper compact hybrid-electric car called the Prius c.
Car manufacturer Toyota is working with Salesforce.com, a provider of web-based software for large companies, to create a private social network for electric car drivers that will connect them with Toyota officials and local dealerships.
General Motors said it now expects to sell 16,000 Chevy Volt and Opel Ampera (a German model of the Chevy Volt) vehicles, a jump from its previous sales targets for the first full year of its plug-in electric hybrid.
Less than a fifth of electric car buyers listed the price tag of an electric car as the most important factor when deciding to make the purchase, according to a new report by management consulting firm Accenture.
The German government has allotted an additional €1 billion ($1.4 billion) in research and development aid for electric cars on top of its existing aid in the form of tax credits and dedicated parking spots to meet its goal of having one million electric cars on the road by 2020.
Fisker Automotive, which manufactures luxury plug-in electric hybrid cars, has raised an extra $100 million in its third round of funding to help fund production of its luxury sedan and a second, cheaper electric car that is geared toward more mainstream hybrid electric car buyers.
Top Gear, the high-profile car-fanatic show in the United Kingdom known for its high-profile libel lawsuit against Tesla Motors, might have been shooting an episode with another planned electric car outage, according to photos and video taken by a local newspaper.
The city of San Francisco, Calif., will install electric vehicle charging stations in publicly-owned garages and at San Francisco International Airport by the end of the year that drivers can use for free until 2013.
You’d hardly expect Mark Reuss, the North American President of General Motors, to be a fan of the primary rival to the company’s 2011 Chevrolet Volt.
Every year, as the weather improves in the spring, gasoline prices start to creep higher. But this year, could it be that the pattern is broken?
Tesla Motors, the company behind the Roadster electric vehicle, might look for additional funding from equity sales to help pay for development of its third electric car — the sport utility vehicle styled Model X — according to the company’s CEO Elon Musk.
Nissan’s plug-in electric car, the Leaf, outsold General Motors’ Volt electric car for the first time in April — the first results of Nissan aggressively expanding its production of the Leaf to meet an almost insatiable demand for the electric car.
General Motors will deploy more Volt electric vehicles as demonstration models in a move to drum up publicity for the car — though it will further limit an already strained supply amid voracious demand for electric cars.
The history of the auto industry is littered with the carcasses of the cars and companies that didn’t make it. Modern hybrid-electric vehicles, for example, were first commercialized by Toyota, with its 1997 Prius (sold in the U.S. starting in 2000). But many concepts, development vehicles, one-offs, and other technology experiments preceded that first Prius.
Plug-in electric and hybrid electric vehicles are over-hyped and won’t meet many car companies’ 2020 sales targets, according to global marketing information firm JD Power & Associates.
Late last week a couple in Atlanta, Georgia became the first owners of the latest battery electric car to hit the roads, the 2011 Wheego LiFe. Handed over to commemorate Earth Day 2011, the small electric car which bears a passing resemblance to the 2011 Smart ForTwo electric drive is the first highway capable car from the small automaker.
Driving electric just got cheaper, as Mitsubishi announced that its 2012 ‘i’ electric car would be priced at just $27,990 before incentives when deliveries begin in California next January.
German automobile manufacturer BMW unveiled the ActiveE, its first ride into the electric car market, at the New York Auto Show today.
The U.S. Department of Energy said today it will grant up to $130 million to renewable energy projects that can’t find funding from private investors.
Nissan announced today at the New York Auto Show that it is on track to deliver 20,000 back-ordered Leaf electric cars despite numerous delays and production concerns.
U.S. President Barack Obama’s goal to have more than 1 million plug-in electric cars on U.S. roadways by 2015 is well on its way to being completed, according to Assistant Energy Secretary David Sandalow.
Automotive valuation guide Kelly Blue Book named the Nissan Leaf electric vehicle the top green vehicle of 2011.
NRG Energy has opened its first eVgo direct-current electric vehicle charging station in Dallas, Texas, today as part of a privately funded 70-station network in the Dallas/Fort Worth area, the company announced.
Google will display the locations of electric vehicle charging stations on its Google Maps web and mobile applications in an attempt to push potential electric car buyers to take the plunge.
ECOtality said it will install 12 of its Blink electric vehicle charging stations at Best Buy stores in California, Arizona and Washington by 2011.
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.