By Lisa Wojnovich •
June 24, 2009
Three more car companies received sizeable loans from the federal government yesterday, but don’t worry; it’s not another bailout. In fact, the$8 billion is just the start of a larger $25 billion project called the Advanced Technology Vehicles Manufacturing Loan Program (ATVM for short) that was thought up back in 2007 and funded by Congress in late 2008 during the Bush administration. The project, overseen by the Department of Energy, is a federal grant and loan initiative bent on providing [...]
By Nick Chambers •
March 27, 2009
What does a Tesla Model S really cost to operate? Crunch the numbers and the results may be a bit surprising.
By now we’ve all heard about the new four door, seven seater (5 adults + 2 kids), all electric eco monster from Tesla — the Model S. We’ve seen the pictures of the gorgeous beast and we’ve had our chance to let the lust settle.
But the thing that’s been bothering me, and surely many of you, is that it still feels like Tesla is making cars with a decidedly un-populist bent. Tesla has been claiming for a long time now that their business plan is to start with the high end market, make some money, learn some lessons, and subsequently release cars that the rest of us can afford — using that money and those lessons to get there.
By Alex Felsinger •
March 26, 2009
California Governor Arnold Schwarzenegger has owned a Tesla Roadster for almost a year now, and while he has publicly praised the electric car manufacturer’s work, he’s not a fan of the car itself and has been looking to get his money back.
The news, disclosed by the tech gossip blog Gawker, seems to have been kept under wraps by both the governor and Tesla Motors. However, it’s unclear what exactly is delaying the transaction from happening.
By Nick Chambers •
January 15, 2009
Editor’s Note: This list represents the ten “best” electric and plug-in hybrid cars (as I see them) coming out in the next two years, but, after that initial culling, this list has been organized by release date, not preference.
With the onslaught of electric concepts and announcements coming out of the 2009 Detroit Auto Show, you’d think that the entire world is about to junk their old jalopies and rush out and buy electric cars tomorrow.
But, alas, as much as millions of Americans would love to pay 3 cents a mile on their daily commutes, our choices for electric cars are, at the moment, severely lacking.
Although the promise of the 2009 Detroit Auto Show reeks of desperation, it’s not all smoke and mirrors. Believe it or not, there are a bunch of noteworthy electric cars, both all-battery and extended range plug-ins, reaching US production sometime in the next two years.
So, if you’ve got the time to wait and you find yourself longing for the cheapest, quietest, and most earth-friendly commute you could imagine, take a gander at this list… electric bliss is closer than you probably thought.
By Jo Borras •
January 12, 2009
This has been a Lotus/Chrysler-heavy blog in the past few days, but let’s face it: if you’re talking advanced automotive technology and lightweight engineering, you’re talking about Lotus Cars - and if you’re talking highly-anticipated new electric vehicles at Detroit’s 2009 NAIAS auto show, you’re talking about Chrysler’s ENVI electric-vehicle program.
The car shown above is the Dodge Circuit, which Chrysler promised would be a real step forward from the concept Dodge EV they showed last summer (a UK-only Lotus Europa powered by a 200 kW electric motor that Dodge painted yellow and decorated with cheap vinyl stickers). I won’t keep you in suspense: it ain’t.
More - including Chrysler’s official press release and some official photography - after the jump.
By Jo Borras •
January 7, 2009
Editor’s note: Jo is our newest addition to the Gas 2.0 team. He’s written for us before as a guest writer, but this marks his transition to full fledged writer status. We’re pleased to have him on board. Welcome Jo!
Envied worldwide for producing feather-lite supercars just itching to be made into electric torque monsters (even Tesla has borrowed heavily from the Lotus parts bin), Lotus has indicated it wants to enter the world of exotic electric cars itself - perhaps even as soon as late 2009.
Ever since the late Colin Chapman began building his own sportscars under the Lotus brand (way back in 1952!) the company has followed a simple philosophy for its go-fast racers: add lightness. “Adding lightness” meant that Chapman’s cars were incredibly efficient - using less fuel and fewer tires than the competition.
By Nick Chambers •
September 17, 2008
Back in June, the Governator himself was lamenting about the prospect that Tesla Motors — one of the state’s own shining green corporate stars — might pass up California in favor of New Mexico as the location for its future facilities.
But, after some serious wheeling and dealing, Schwarzenegger convinced Tesla that California was the right place to build by promising beucoup tax incentives and major financial help. His package included a government-funded lease-to-own option that would save Tesla from purchasing $100 million of equipment up front, and waive $8 million in taxes to boot.
Above and beyond the state’s financial incentives, the deal with San Jose involves a 40-year lease in which Tesla has the first 10 years rent-free and all development fees rebated in the form of tax credits. Gotta hand it to Tesla, they certainly know how to work the system.
By Nick Chambers •
July 16, 2008
While the kinks are worked out, Tesla is starting to move Roadsters off the production line slowly.
27 Roadsters are currently in various stages of assembly, and the company hopes to reach a monthly production rate of 100 cars by this December.
In a blog post on the company website, Tesla CEO Ze’ev Drori has reprinted the content of a note he sent to customers last Friday in which he states that Tesla has finally “broken the logjam” and already delivered 9 Roadsters to California.
And the folks at Earth2Tech were there to snap some pictures (like the one above). A sweet ride that’s all electric…
