Archive for June, 2010

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    GM Includes NYC and Austin to Initial Volt Launch
    Customers in the New York and in Austin, Texas, will be among the first to have a chance to own a Chevrolet Volt when General Motors begins delivering the electric vehicle with extended-range capability. New York and Austin joins California, Michigan and Washington D.C. as the initial retail markets where Chevrolet will sell the Volt. GM’s chairman and chief executive,...
    by at June 30th, 2010 at 11:06 pm
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    PSA and Mitsubishi Expand Electric Vehicle Partnership
    Mitsubishi and PSA Peugeot Citroen have extended their collaboration in the field of electric vehicles for the development and supply of powertrains for EVs, initially focusing on for small commercial electric vehicles. The automakers have launched a feasibility study for the development and supply of powertrains for electric vehicles, including an analysis on the packaging...
    by at June 30th, 2010 at 10:06 am
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    Raser to Develop Electric Vehicles with Hyundai
    Raser Technologies and Korean Hyundai Heavy Industries (HHI) are teaming up to develop renewable energy projects and electric vehicles. This isn’t yet a done deal with contracts signed, but the two companies have signed a memorandum of understanding to co-develop solar power and electric vehicles which they call the “Well To Wheels” demonstration project. Using Provo,...
    by at June 30th, 2010 at 03:06 am
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    Tesla Shares Soar 40 Percent in IPO
    Tesla Motors shares closed a whopping 40.53% higher than their starting price of $17 a share in their first day of trade. Trading in Tesla’s shares on New York’s Nasdaq opened at $19 on Tuesday, 12% above the $17 offer price, before closing up 40.50 per cent at $23.89. Tesla on Monday boosted the share offering by 20% to 13.3 million shares due to strong demand. Most...
    by at June 30th, 2010 at 01:06 am
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    Tesla Motors Stock to Hit Market Today
    Tesla Motors Inc., the Silicon Valley-based electric car startup, begins selling stock to the public on Tuesday, becoming the first American carmaker to go public since Ford Motor Co. went public in 1956. Tesla on Monday raised the number of shares it plans to sell to 13.3 million from 11.1 million, a sign that investors are feeling upbeat about its prospects, according...
    by at June 29th, 2010 at 06:06 am
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    Mitsubishi i-MiEVs Join Transport for London Fleet
    Transport for London (TfL) has added four Mitsubishi i-MiEV electric cars into its fleet as part of Mayor Boris Johnson’s plans to make London the electric car capital of Europe. The four new Mitsubishi i-MiEVs, part funded by the Government’s Low Carbon Procurement Partnership (LCVPP), are the first step to achieving the 1,000 electric cars that the Mayor...
    by at June 27th, 2010 at 04:06 am
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    Electric Cars Get $114m Push in California
    The California Energy Commission approved $114.3 million to help set up electric- and ethanol-powered vehicle infrastructure around the state. Of the funds, $15.4 million comes from state coffers, $49.6 million is federal money and $49.3 million comes from private sources. A $8 million grant with Electric Transportation Engineering Corp. (ETEC), in conjunction with Nissan,...
    by at June 26th, 2010 at 04:06 am
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    Mitsubishi Partners with Danish Government on Electric Cars
    Mitsubishi has signed a Memorandum of Understanding (MoU) with the Danish government regarding the popularization of its i-MiEV electric car in Denmark. Under the MoU, the Danish government will consider introducing i-MiEVs into its fleet in or after 2011, conducting EV promotional activities and implementing EV infrastructure. The Danish government, in order to reduce...
    by at June 25th, 2010 at 03:06 am
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    Nissan Joins Renault-RWE Electric Car Partnership
    Nissan has joined Renault’s partnership with German electric utility RWE Efficiency GmbH to promote electric mobility in Germany. RWE plans to set up an extensive charging network in Germany with about 1,000 stations to be set up across Germany by the end of 2010 focused mainly on the Berlin and Ruhr areas. Together with other partners, RWE plans to extend the charging...
    by at June 24th, 2010 at 09:06 am
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    Navistar Delivers eStar Electric Trucks to PGE
    Navistar has delivered some of its first eStar electric trucks to Pacific Gas and Electric Company (PG&E) in Sacramento, Calif. With a range of 100 miles per charge, the eStar is ideal for many urban applications. When it returns to its home base at the end of the day, customers can plug it in for a full recharge within approximately six to eight hours. With zero tailpipe...
    by at June 24th, 2010 at 06:06 am
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