Posts Tagged ‘Tesla Model S’

Top 10 Electric Cars Coming to the US in 2009/2010

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.

Tesla Motors Getting Another $40 Million to Bolster Reserves

After announcements last month that Tesla will be laying off some employees, scaling back the release schedule of the upcoming Model S, and restructuring the company’s management, Tesla has now announced that they have secured an additional $40 million of funding from “almost all current major investors.”

San Jose Wins Bid For Tesla Electric Car Facility

In a major coup for the city of San Jose, CA, Tesla Motors — of Roadster fame — has chosen a 90-acre lot in an industrial area of the city as the site of its new manufacturing facility and headquarters.

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.

Tesla Begins Popping Roadster EVs Off Production Line

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.

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