News

Zenn’s EEStor: Too Much Hype

There’s a part of me that feels bad when I am sceptical about a potentially great thing. It’s so easy to be a sceptic, and anytime an entrepreneur or innovator proposes a new, potentially game changing thing, legions of lazy sceptics come out of the woodwork denouncing it as hype. […]
Zenn’s EEStor: Too Much Hype
News

HAPPY EARTH DAY! (Now Go Throw Some Elbows)

It’s the 30-ninth Earth Day today, which means there will be a TON of stories about the environment. Even if it weren’t Earth Day, though, you’d be able to read a TON of stories about the environment. It’s a story that’s a part of our lives in a major, inescapable […]
HAPPY EARTH DAY! (Now Go Throw Some Elbows)
News

Raser Unveils Electric Hummer On Monday

Raser Technologies (RZ) will unveil a Hummer H3 on Monday that’s been turned into a plug-in hybrid electric at the Society of Automotive Engineers World Congress in Detroit.
Raser Unveils Electric Hummer On Monday
News

U.K. To subsidise The Electric Car Market

The British government is joining the global bandwagon of governments offering to subsidise the purchase of electric cars, saying it will offer $2,998 to $7,495 to consumers who purchase a hybrid or an electric. The government is still working out how the discount will be administered–as a rebate or tax […]
U.K. To subsidise The Electric Car Market
News

Warren Buffett’s Chinese Man Crush

Last fall when the world fell apart, Warren Buffett made many famous investments, $3 billion in GE, $5 billion in Goldman.  He also made one sleeper investment, paying $230 million for 10% of Chinese battery maker BYD, now better known for offering a $22,000 electric hybrid in China.
Warren Buffett’s Chinese Man Crush
News

I Drove The Chevy Volt… And It Didn’t Suck!

General Motors (GM) invited CNN’s Peter Valdes-Dapena to drive a “mule” powered by the Chevy Volt’s hybrid gas-electric engine and power train (the body of the car was actually a Chevy Cruze.  The Volt body hasn’t been built yet).  Here’s what he thought:
I Drove The Chevy Volt… And It Didn’t Suck!
News

Jaguar To Join The Electric Bandwagon

Jaguar is going to join the electric car party now that it’s secured a £307 million ($450 million) loan from the European Investment Bank, reports Autocar.
Jaguar To Join The Electric Bandwagon
News

Car Charging Company Coulomb Dreams of 2010 Profit

Despite the fact that we’re just seeing electric cars roll on the road, Richard Lowenthal, CEO of Coulomb Technologies tells us selling charging stations for electric cars will be a profitable business in a year and a half.
Car Charging Company Coulomb Dreams of 2010 Profit
News

Henrik Fisker: China Won’t Beat The U.S. In Electric Cars (VIDEO)

Henrik Fisker, CEO Fisker Automotive, tells us that China doesn’t understand American culture, which will hold back its chances for success in the electric auto game. But, if the government doesn’t provide some loans for promising technology developments, then before we know it, we’ll be passed by China just like […]
Henrik Fisker: China Won’t Beat The U.S. In Electric Cars (VIDEO)
News

How A123 Secured The Chrysler Contract

A123 Systems secured a contract with Chrysler earlier this week because it created a battery that could be used across a number of vehicles reports the MIT Technology review.
How A123 Secured The Chrysler Contract
News

Fisker CEO: Detroit Is Too Inbred To Innovate

Fresh off an $85 million round, Henrik Fisker is in New York showing off his sumptuous plug-in hybrid, the Karma S. We were able to speak with him about the company, its plans and the problems of auto companies generally.
Fisker CEO: Detroit Is Too Inbred To Innovate
News

Inside The Tesla Model S (VIDEO)

TechCrunch founder Michael Arrington got a quick spin in the Tesla Model S, along with fellow TechCrunch reporters Sarah Lacy and Leena Rao. The car isn’t street legal as it lacks backseat safety belts and air bags, so they only got to zip around Tesla’s parking lot.
Inside The Tesla Model S (VIDEO)
News

Fisker’s $85 Million Round Raises Questions About Tesla

In flush times, the funding of a company is not necessarily indicative of the potential success of that company (witness the last dot-com boom.) One of interesting effects of a severe downturn in capital markets is that market forces have a tendency to mercilessly cull the herd. The money that […]
Fisker’s $85 Million Round Raises Questions About Tesla
News

Fisker Automotive Raises $85 Million

Fisker Automotive announced that it raised $85 million in venture capital backing from New York-based Eco-Drive (Capital) Partners LLC, a European-American investment consortium, and Kleiner Perkins Caufield and Byers.
Fisker Automotive Raises $85 Million
News

Tesla CEO On Rival Volt’s Pointless Feature

Here’s another way to cut back on costs for the Chevy Volt–get rid of unecessary parts. The Volt has a range extender built into it, which means that when the battery craps out, a gas engine kicks in to keep the car running.
Tesla CEO On Rival Volt’s Pointless Feature
News

Why China Won’t Clobber The U.S. In Electric Autos

China tells the New York Times that it’s going to produce a half million electric and hybrid autos by the end of 2011. If you choose to believe that, then it sounds like bad news for the U.S. However, picking at the meat of the news, it really doesn’t look […]
Why China Won’t Clobber The U.S. In Electric Autos
News

Tesla Sells 520 Model S’s

Tesla announced in a press release today that it received 520 reservations for its $57,400 sedan the Model S in the first week of the sedan’s existence.
Tesla Sells 520 Model S’s
News

GE Nixed Tesla Investment

On Sunday we picked up on a leaked Car and Driver magazine interview with Telsa CEO, Elon Musk. In it he says, “a bit of news that hasn’t come out yet [is] General Electric is investing in Tesla.”
GE Nixed Tesla Investment
News

AP Reviewer Wets Himself Over Driving A Tesla

While the decisions of Tesla’s management have been questionable, there is no doubt that their car is a solid product. In anticipation of the Model S being unveiled this week, the Associated Press took a whirl through New York in a Roadster. The reviewer is absolutely smitten with the car:
AP Reviewer Wets Himself Over Driving A Tesla
News

GM’s Electric Car Battery Research Operation

It’s easy to pile on Detroit’s Big Three as incompetent (trust us, we do it all the time) for failing to produce compelling alternatives to the gas sippers and guzzlers that populate our highways.
GM’s Electric Car Battery Research Operation
News

Tesla Stumbles Again

Whoops! In January, Tesla told customers that it would be producing 30 Roadsters a week by spring. Well, spring is right around the corner and the company isn’t going to be able to make good on that promise, Earth2Tech reports.
Tesla Stumbles Again
News

If The Big Three Die, So Do Electric Car Start-Ups

Much has been written about the potential impact of Big 3 bankruptcies on the hundreds of suppliers that sell parts and assemblies to them. Part of the logic of the auto bailout was that if any one of the Big 3 were to fail, it would bankrupt some of the […]
If The Big Three Die, So Do Electric Car Start-Ups
News

Fisker Beats Tesla To TV

Tesla’s California competitor, Fisker, hits the Southern California airwaves.  100-mpg plug-in hybrid Karma “coming soon.”  (Fisker, you’ll remember, is the car designer hired by Tesla who later defected and started his own company).
Fisker Beats Tesla To TV
News

Do We Need More Fishing And Less Banking?

A theme that emerges from Michael Lewis’s blowout feature in Vanity Fairs on Iceland’s financial meltdown is that the country shifted away from its core business–fishing–towards something it barely understood–banking.
Do We Need More Fishing And Less Banking?
News

Think Bringing New Auto Manufacturing Jobs To The US

Think, an electric car maker from Norway, is planning on opening a plant in the United States. It hopes to start production in 2010, producing 2,500 cars in its first year, eventually pumping out up to 60,000 cars annually in the United States and employing 900.
Think Bringing New Auto Manufacturing Jobs To The US
Markets

A Little Protectionism Could Go A Long Way

In elite economic and intellectual circles, having the temerity to accept any benefits of protectionism makes you worthy of excommunication. Blind loyalty to the idea that free trade forever and always is the only allowed philosophy. Of course, this uniformity of thought is reason enough to be sceptical.
A Little Protectionism Could Go A Long Way
News

The Real Auto Bailout: $26 Billion For Roads Is Released

While Obama hasn’t yet given automakers bailout money to ail their woeful financial prospects, he did help them out in the stimulus by allocating billions for highways, roads and bridges. Yesterday, $26 billion was released to states for transportation infrastructure projects.
The Real Auto Bailout: $26 Billion For Roads Is Released
News

Tesla Opening Chicago Store

Tesla Motors announced it is opening its first retail location for the year in Chicago at 1053 W. Grand Ave., near the Kennedy Expressway in the River West neighbourhood. Seven additional retail locations are planned for the year, in Manhattan, Miami, Seattle, Washington, London and Munich.
Tesla Opening Chicago Store
News

Electric Automaker Fisker Raises $3M

Fisker, the California company behind the electric auto the Karma, raised another $3 million for itself, reports Earth2Tech (via VentureWire). That brings the company’s total raised thus far to $100 million. In the fall it raised $67 million.
Electric Automaker Fisker Raises $3M
News

If You Want Bolivia’s Lithium, You’re Getting 40% Of The Earnings

Where will the guts of your electric car’s battery pack come from? They could come from Bolivia, who has about half of the world’s lithium reserves. Seizing an economic opportunity, Bolivia’s president, Evo Morales says he’s ready to invest $200 million into mining the nation’s reserves.
If You Want Bolivia’s Lithium, You’re Getting 40% Of The Earnings
News

Detroit Wants Electric Car Funds For Bailout

There’s $25 billion awaiting assignment at the Department of Energy. That money is supposed to be directed to help subsidise the next generation of start ups and entrepreneurs working on electric automobiles. The program was approved in 2007, the DOE got the money in September 2008, but nothing’s been done […]
Detroit Wants Electric Car Funds For Bailout
News

Mileage Tax Isn’t Happening

The Department of Transportation floated the idea of taxing people for the amount they drive as opposed to their emissions. Luckily, the bad idea’s been struck down:
Mileage Tax Isn’t Happening
News

China Giving Out Rebates For Fuel Efficient Autos

China will be giving out cash rebates for people purchasing new fuel efficient automobiles or buses, according to Reuters. Purchases of small hybrids could get a $7,308 rebate. Purchases of fuel cell powered commercial buses could get an $87,000 rebate.
China Giving Out Rebates For Fuel Efficient Autos
News

Can Better Place Withstand Gas Pains?

Better Place gets another big write up today, this time courtesy of the New York Times. Better Place, as  CEO Shai Agassi describes it, is like the AT&T of electric cars. Better Place provides a grid, an infrastructure for zero emission autos to exist.
Can Better Place Withstand Gas Pains?
News

Electric Cars Are The New Muscle Cars

There was a time when sleek, powerful sports cars turned heads. From the Corvette to the Viper to the M3. Nowadays, however, it’s electric cars that get people turning their heads.
Electric Cars Are The New Muscle Cars
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