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
+ Read MoreBMW 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’
+ Read MoreFord 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
+ Read MoreThe 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
+ Read MoreAs Tesla Motors goes against the tide to establish its non-franchised retail stores and service centers to support its Internet-based sales, implied and stated allegations and assertions have clouded complex issues. Among these are the question whether Tesla has become a darling of the public and media and is getting off easy while garnering lots
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