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 admin 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 admin 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 admin 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 admin 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 admin at June 29th, 2010 at 06:06 am
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