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Tesla Motors CEO says NY Times’ story cost the company up to $100 million


Tesla Motors' CEO Elon Musk said the New York Times story about the Model S sedan failing to achieve its estimated driving range affected the company's stock-market value by as much as $100 million. “It probably affected us to the tune of tens of millions, to the order of $100 million. So it’s not trivial,” CEO Elon Musk said in a ...
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Renault to supply 2,000 ZOE and 100 Fluence Z.E. vehicles to UGAP
Renault has won the “Versatile 4-seater electric vehicle” and “Compact electric sedan” contracts in a new call for bids launched by Union des Groupements d’Achats Publics (UGAP, a public procurement ...
Electric Cars Still rejected by Consumers
After 100 years of development the electric car is still not ready for prime time, furthermore, it losing ground to the hydrogen-powered vehicles. Consumer show little interest for EVs, which dominated ...
Wanxiang Group granted approval to buy A123 Systems
China's largest auto parts manufacturer won U.S. government approval to buy A123 Systems, a bankrupt maker of electric car batteries that was funded with federal money. According to a source familiar ...
EU to impose minimum number of EV charging points to member states
The European Union believes the lack of fuelling stations for electric cars and their high price tags are the causes of their disappointing sales. This is why EU transport commissioner Siim ...
NEVS to build the Saab 9-3 in China, not Sweden
Saab's owner is planning to restart production of the 9-3 later this year, with an electric version to follow in 2014. However, National Electric Vehicles Sweden (NEVS) has changed its original ...
NHTSA proposes rule for EVs and hybrids to make noises
Electric cars may be required to make noises to let pedestrians know they are close under a U.S. proposed rule released today. Although electric cars have soundless engines, the sounds they ...
Tesla reportedly needing more loans to survive in 2013
Tesla Motors will be in a very difficult situation next year without loans from the U.S. Department of Energy, MarketWatch reports. Without the hundreds of millions of dollars received by Tesla ...
Renault delivers first ZOE EV to French industry minister Arnaud Montebourg
Renault has presented the keys of the first ZOE to Arnaud Montebourg, French Minister of Industrial Recovery, which had ordered a vehicle at the 2012 Paris Motor Show. Carlos Tavares, Chief ...
GM increases speed of electric vehicle development in China
GM announced it is hastening the speed of its development of electric vehicles in China, where it will build and sell the Chevrolet Sail Springo EV. The new model will add ...

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