electric vehicles

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Rush Mocks Chevy Volt: 'Nobody Wants It'

If it's so good, why does it need a tax credit?

(Newser) - Rush Limbaugh ridiculed GM's new electric car, the Chevy Volt, as just an expensive way of showing "you care" for the environment and "how much better you are than everybody else." Referring to the planned $7,500 tax credit on the Volt's $41,000 price tag, Rush...

GM to Sell Chevy Volt for $41K
 GM to Sell Chevy Volt for $41K 
Jul 27, 2010 2:03 PM CDT

GM to Sell Chevy Volt for $41K

Electric car priced close to manufacturing costs

(Newser) - GM will sell its flagship electric car, the Chevy Volt, for $41,000, the Detroit News reports. GM executives announced the price, along with a 3-year, $350-per-month lease deal, at the Plug-In 2010 conference in California today. Buyers can get an additional $7,500 off the sticker price through a...

Honda Plans Electric Cars for 2012

Company trying to regain ground on green vehicles

(Newser) - Honda is looking to make up lost ground in the market for energy-efficient cars and plans to have a plug-in hybrid and a battery-powered electric vehicle on American streets in 2012, reports Reuters . The company announced no specifics on models, other than to say the EV will be a small...

Orders Roll in for Tesla Model S

Fans plunk down big money for place on wait list

(Newser) - Electric car enthusiasts are clamoring to reserve a Tesla Model S, even though the much-hyped electric sedan isn't scheduled to roll out of the factory until 2012. More than 2,200 people have plunked down deposits on the car, SiliconValley.com reports, and that’s no small commitment. It costs...

Tesla IPO Roars Out of the Gate

Private sector gives electric cars a vote of confidence

(Newser) - The Dow may have plunged yesterday, but over on the Nasdaq, things were great for new kid Tesla Motors. In its first day of trading, Tesla's price shot up almost 41% from its $17 offer price, closing at $23.89, after at one point hitting $25, MarketWatch reports. The company's...

Tesla's CEO Is Broke
 Tesla's CEO Is Broke 
May 28, 2010 11:59 AM CDT

Tesla's CEO Is Broke

And the company hasn't disclosed that to investors

(Newser) - Elon Musk is a legend in Silicon Valley: His much-buzzed about electric car company, Tesla Motors, is on the verge of a major IPO, and he even had a cameo in Iron Man 2. There's just one problem. “About four months ago, I ran out of cash,” he...

Toyota Teams Up With Tesla on Electric Car

$50M buy-in on 'affordable' Tesla model due in 2012

(Newser) - Toyota is teaming up with Tesla Motors to develop and build electric cars at a recently shuttered auto plant in the San Francisco Bay area. Toyota CEO Akio Toyoda said yesterday the world's largest automaker will invest $50 million in Tesla when the company goes public, and Tesla CEO Elon...

Nissan's Electric 'Leaf' Will Be $33K

Car will be cheapest all-electric on the market

(Newser) - Nissan has announced a price for the Leaf, its all-electric car due at the end of the year. The Leaf will be available for $32,780, meaning most US citizens can get one for $25,280 after applying the Obama administration's $7,500 tax credit for electric cars. That puts...

Electric Car Hardly Electrifying
 Electric Car 
 Hardly Electrifying 
chevy volt TEST DRIVE
Mar 30, 2010 2:00 PM CDT

Electric Car Hardly Electrifying

'Unremarkable' Chevrolet Volt as much publicity stunt as vehicle

(Newser) - The Chevy Volt is “the quintessential halo product," a loss leader intended to associate GM with innovation. With the pressure to make money off, the plug-in electric car's designers had the chance to create a vehicle that would make people "coo and stare," Cliff Kuang writes....

Here Come Electric Cars— But Cities Aren't Ready

People without driveways or garages have nowhere to charge

(Newser) - If electric cars are ever going to put a meaningful dent in America's fuel habits, cities must start getting proactive now, writes Robert Gammon. Automakers are busy preparing plug-ins for the road, but the logistics of keeping them charged will leave many buyers out of the loop. Specifically, apartment and...

GM Plans to Produce Electric Motors

Department of Energy grant will create new line at Maryland plant

(Newser) - General Motors is planning to invest $246 million—$105 million of which will come from a Department of Energy grant—in a new electric motor production line. The project is expected to create roughly 200 jobs, and represents a big bet on the future of electric cars. GM officials likened...

Big Cities Charged Up for Electric Cars

Demand high despite inconveniences in New York, Paris, Shanghai,

(Newser) - Big city drivers are chomping at the bit to buy an electric car, despite the significant inconveniences the initial models would be saddled with. A new report from consulting firm McKinsey found that demand in the three “megacities” it surveyed—New York, Paris, and Shanghai—was so high that...

Denmark Goes All-In on Electric Cars

Deal with Better Place aims to make it a 'laboratory country'

(Newser) - Denmark is so gung-ho about electric cars that it’s giving its people a $40,000 tax credit to buy one, and planning to line the streets with charging and battery-swap stations. They’re even keeping free parking open for them in downtown Copenhagen. Yet consumers, and some industry experts,...

Golf Carts—Sorry, LSVs—Win Big in Stimulus

Electric car credit goes to street-legal carts

(Newser) - The federal government really wants to buy you a golf cart—as long as you don’t call it a golf cart. The stimulus contains a tax credit of up to $7,500 for anyone buying an electric vehicle, provided it’s primarily used on the road. So dealers are...

Volkswagen Rolls Out Electric Beetle

Hails new ride as 'beetle of the 21st century'

(Newser) - Volkswagen made a splash at the IAA autoshow, unveiling the E-Up, a fully-electric compact car that the company's hailing as the "Beetle of the 21st century," Fast Company reports. Its stats are fairly impressive, at least for an electric: the E-Up can accelerate relatively quickly and hit a...

Nissan Reveals Mass-Market Electric Car

LEAF will compete with EVs from GM, Mitsubishi

(Newser) - Nissan yesterday unveiled its entry into the electric-vehicle market, the Los Angeles Times reports. The LEAF is a five-seat compact that gets a top speed of 90 mph out of its lithium-ion batteries. The vehicle can go about 100 miles on a full charge, an attribute Nissan hopes will convince...

How Taxpayers Can Profit From the New GM
How Taxpayers Can Profit From the New GM
ANALYSIS
Jul 9, 2009 8:47 PM CDT

How Taxpayers Can Profit From the New GM

A change in the automotive paradigm would be worth more than any dividend

(Newser) - Tomorrow will see the death—and rebirth—of General Motors. And with the government taking a 60% stake, it's reasonable to wonder whether taxpayers will ever see a return on their investment, writes Matthew DeBord for the Big Money on Slate. But the focus on money might be "short-sighted,...

Levy on Driving Gains Speed as Gas-Tax Replacement

(Newser) - As the US moves away from a gasoline-only auto culture, researchers and the government are investigating alternative taxes to fund road-building and maintenance, the Kansas City Star reports. The leading idea to supplant the gas tax is a by-the-mile approach endorsed by a federal commission. “If you’re committed...

Michael Moore: 9 Ways to Rise From GM's Ashes

Let's use their facilities to overhaul America's transit

(Newser) - The end of General Motors is an opportunity for an America that now owns 60% of the company, writes Michael Moore. Let’s take advantage of the death of a firm that built poor cars, battled environmental rules, and shipped jobs away by using its facilities to implement a new...

Electric Bike Performs, Lacks Motorcycle Sound, Speed
Electric Bike Performs, Lacks Motorcycle Sound, Speed
VEHICLE REVIEW
May 21, 2009 8:55 AM CDT

Electric Bike Performs, Lacks Motorcycle Sound, Speed

While nice for urban jaunts, range and speed are limiting

(Newser) - The Zero S electric motorcycle is everything an electric car should be—quiet, emission-free, affordable—but the formula doesn’t necessarily translate well to bikes, Jonathan Welsh writes in the Wall Street Journal. The performance mimics a typical 500cc gas-powered bike, with peppy acceleration, and a city-worthy 60mph top speed,...

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