Toyota said on Tuesday it will recall some 3.8 million vehicles, including the Toyota Prius, because of the risk a floor mat could keep the accelerator pedal forced down. As an immediate remedy, the Japanese automaker urged drivers of a range of recent models to remove driver's-side floormats until it could issue a recall in consultation with federal safety regulators.
According to Fox News, the US Department of Energy threw away nearly $1 billion in loans to Fisker Automotive and Tesla Motors—two Calif.-based auto startups trying to produce the next generation of American-made energy-efficient cars. On several of its shows, including America's Newsroom and Your World, Fox News criticized the loans because Fisker and Tesla currently produce expensive cars that are made in Europe.
Toyota is in the midst of its worst downturn since the company was founded in 1937—but it’s raising the price of the 2010 Toyota Prius by about $400. This apparent contradiction appears to be part of Toyota's core turnaround strategy: pump up the volume on marketing, and lead with the Prius.
The smash hit IPO of lithium ion battery maker A123 Systems is sending waves of euphoria through the clean tech and plug-in car market. Mass.-based A123 Systems is now worth nearly $2 billion—indicating huge investor confidence in the future of electric cars, plug-in hybrids, and the batteries that make them go. Yet, A123 has yet to make a profit and faces significant hurdles to mass commercial success.
The race toward sustainable mobility is moving car companies in odd and unexpected directions. For example, Honda today unveiled the U3-X, a compact electric personal mobility device that fits between the rider’s legs to provide movement forward, backward, side-to-side, and diagonally.
The single biggest factor determining the success or failure of high-tech fuel-efficient cars is not battery technology, legislation, tax incentives, new model introductions, or infrastructure. It’s gas prices. The price at the pumps is the elephant in the room when it comes to green cars.
BYD, the Chinese car company backed by investment guru Warren Buffet, has big dreams. The company hopes to be China’s No. 1 automaker in about five years and to be the world’s leading carmaker by 2025. And they plan to get there by selling green cars.
For the past few months, Nissan-Renault has been tiptoeing around the idea of leasing the battery packs that power its upcoming electric cars. The goal is to assuage consumer worries about getting stung with the high cost of replacing an electric car battery if it fails or loses too much capability over the course of years. Nissan has not confirmed details, but recent comments from executives show that the company is seriously considering the idea.
After years of complaints from blind pedestrians that ultra-quiet hybrid cars pose a safety threat, the auto industry is responding by producing on-board devices that emit sounds, such as jet engines, boings, or human voice saying, “Excuse me.” One day, electric car and hybrid drivers might download “vroomtones” for their cars, the way they download ringtones for cell phones today.
The day after the Obama administration announced rules for tougher automobile fuel efficiency standards, conservative media pundit Glenn Beck ridiculed hybrid cars as undesirable and not worthy of tax incentives.
