Tesla Motors announced yesterday, May 22, that it has paid off the entire loan awarded to the company by the Department of Energy in 2010. In addition to payments made in 2012 and Q1 2013, Tesla said May 22′s wire of almost half a billion dollars ($451.8M) repays the full loan facility with interest. According
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BMW UK revealed its network of dealers that will supply and support BMW i, the company’s new sub-brand featuring electric drive systems and premium mobility services. From launch, 46 sales agents across the UK will offer the BMW i range. Each will have specialist technical capabilities allowing them to carry out repairs to the vehicles’
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ChargePoint and National Grid unveiled May 22 the first of what will be many electric vehicle charging stations funded through a $1 million award from the New York State Energy Research and Development Authority (NYSERDA). The ChargePoint EV charging station, which can charge two cars at once, has been installed at the Homewood Suites on
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Ford is seeing a strong demand for many of its products, including its hybrids, and will increase production accordingly. Ford said it will add an additional 200,000 units of annual straight-time capacity this year. In addition, Ford said it will produce an extra 40,000 units by idling select plants for only one week during what
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The Nissan Leaf has won the Environment Award at the 2013 Fleet World Honours awards at a ceremony held at The Royal Automobile Club, Pall Mall. The Leaf fended off competition from rival electric and hybrid manufacturers to win one of the most significant UK fleet awards. The Fleet World Honours Car Awards are open
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China has been pushing the production and adoption of electric vehicles and is set to continue doing so. By 2012, 25 pilot cities had promoted 27,432 new energy vehicles totally within two years after the subsidy policy was implemented, including 23,032 ones used in public services and 4,400 ones bought by individuals. In March, 2013,
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Peugeot’s Onyx Concept Car will lead a full line-up of performance Peugeot vehicles at this year’s Goodwood Festival of Speed, with its first public dynamic demonstration. With most concept cars usually being modeled for static appreciation, Peugeot said the Onyx breaks the traditional mold with superb authenticity, innovative use of materials in its construction and
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Hyundai, Mercedes-Benz, Nissan and Toyota are uniting with the Energy Department on a new public-private partnership called H2USA, which will focus on advancing hydrogen infrastructure to support more transportation energy options for U.S. consumers, including fuel cell electric vehicles (FCEVs). Named after the chemical symbol for hydrogen, the H2USA partnership brings together government agencies, gas
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Thailand’s capital Bangkok joined last week the list of candidate cities bidding to host the new fully-electric FIA Formula E Championship. The announcement came during a special event held to demonstrate the innovation of racing technology in Thailand, attended by the Pol.Maj.Gen Lattasanya Piansomparn, Advisor to the Minister of Energy, Mr. Chiruit Israngkun Na Ayuthaya,
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General Motors launched its “moon shot” Chevrolet Volt in December 2010, has made greater or lesser year–over-year improvements to essentially the same product, and the 2014 model will be more of the same. This was indicated when GM announced two new colors for 2014 – Ashen Gray Metallic and Brownstone Metallic – on images of
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