Tata, India largest carmaker launched Tata Sumo Grande MK II, an upgraded version of its premium Sumo.
The exteriors have been accentuated by a new chrome lined grill, side rub rails with chrome inserts and indicators on ORVMs. The interiors receive a significant update with a new duo-tone trim, new steering wheel, grab handle for the third row passengers and various little changes along with improved ergonomics.
The changed drive ratio in the Grande MK II gives a boost to low speed performance in city driving conditions. While a modified suspension ensures ...
Electric vehicle maker Tesla Motors Inc. announced that it has secured $40 million in new commitments from current investors. Last month, Tesla announced that is delaying by six month the launch of its electric sedan called Model S due to the current economic woes. Media reports said Tesla had gone through the bulk of its $146 million of investment capital and was down to just $9 million in cash.
An official inside Tesla said that this cash infusion will help electric vehicle producer to accelerate the production, and continue produce development.
Anyway, ...
Washington (AFP): Tesla Motors Inc. will build a 250 million dollar plant in California's Silicon Valley to produce its new battery-powered sedan, the company said Wednesday.
Construction of the plant, about 20 minutes from Tesla's headquarters in San Carlos, California, is set to begin in mid-2009, with the first sedans expected to be ready in late 2010.
Company leaders expect the initiative to help the company. "The company has clearly taken production of all-electric vehicles to the next level, and the Model S assembly plant will dramatically accelerate our growth," Tesla chairman ...