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Earlier we reported that the price for the battery electric 2017 Chevrolet Volt in base LT trim is $37,495 including destination charges. Then we found out Canadians will pay far less. The same Bolt LT has a U.S. dollar sticker price in Canada of $32,400 ($42,795 CAD) plus destination charges, bringing the total to $33,632 […]

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Tesla Motors can now borrow up to $300 million from Deutsche Bank for its vehicle leasing program, and to stabilize its financial condition. In a filing the U.S. Securities and Exchange Commission, Tesla said that cutting down its own cash requirements for its direct leasing program would be “significantly reduced.” That means Tesla will need […]

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Apple co-founder Steve Wozniak is choosing the Chevy Bolt over the Tesla Model 3 and gave the upcoming all-electric car a thumbs up on his Facebook page. While not for sale until later this year, a General Motors spokesman said that it arranged for Wozniak to test the vehicle earlier this week, according to Fortune. […]

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Chinese electric car startup WM Motor wants to take on Tesla, but more on the affordable Model 3 side. The company is aiming to become a provider of smart, connected mobility services in China’s fast-growing cities. It differs from Tesla and other start-ups in this space in that the three EVs it aims to launch […]

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A Tesla executive criticized competitors on Tuesday for offering electric cars that are “little more than appliances” during an annual automotive conference. Diarmuid O’Connell, Tesla’s vice president of business development, said automaker offerings are missing the mark on pricing, range, and performance. This happened while O’Connell and other auto industry executives, along with government regulators, […]

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The Tesla Model 3 did hit the “pencils down” mark, CEO Elon Musk said during the Gigafactory media tour. Musk told reporters that the final designs for Tesla’s $35,000-and-up electric Model 3 were locked up two weeks ago. Tesla is moving forward on schedule to start producing them next summer, he said. Speaking at the […]

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While Tesla’s Gigafactory won’t officially host its grand opening until Friday in Nevada, members of the media toured the plant on Tuesday and shared perspectives ranging from being fans to skeptics. Two years after construction began, the $5 billion factory is expected to nearly double global production of lithium-ion batteries. The factory is about 14 […]

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Tesla Motors plans to expand its presence in Asia by entering the South Korea market and challenging Hyundai Motor Co. at home. The automaker has listed on its website four new positions for sales and engineering in South Korea and one recruiter for the country, who will be based in Japan. In response to an […]

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The Tesla Model X will be coming out much sooner than expected in China, according to a media report. Robin Ren, vice-president of Tesla and president of its Asia-Pacific region, told China Daily that the Model X will go on sale in China near the end of this month. That’s much sooner than the initial […]

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Elon Musk’s bold statement that Tesla Motors will produce 500,000 electric vehicles per year by 2018 has been called into question by several sources close to the issues. According to a Reuters report citing analysts and supplier executives who asked not to be identified, Tesla’s ambitious plan calling for moving up high-volume Model 3 production […]

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