Reuters has reported that VL Automotive, led by Lutz, together with the Wanxiang Group, China’s largest auto parts supplier, submitted an offer to buy the troubled automaker.
The new funds will support the commercialization of the company’s Aurora grid-scale energy storage product, which is based on an innovative zinc hybrid cathode battery technology.
According to the latest estimates, the 100,000th plug-in vehicle was sold in the US some time this week.
A team of Kiwi car guys has launched a series of videos in which they tackle their first conversion of a used car from gasoline power to 100% electric drive.
Mercedes-Benz’s next generation S-Class will include two hybrid models, a gasoline and a diesel version, and a plug-in hybrid model will join the lineup “soon.”
The DOE will invest $12.5 million per year for five years, subject to congressional appropriations, to be matched by the private sector.
Publications across the media spectrum, including former skeptics, are now cheering the California company on.
The Palo Alto powerhouse announced offerings of 2,703,027 shares of common stock.
The project aims to advance the development of aluminum heat exchangers and improve battery performance in low temperatures.
The Roadmap tracks progress to implement recommendations made in version 1.0, released in April 2012, and identifies areas that need more standardization work.
A careful reading of the leaves from Elon Musk’s last cup of tea indicates that his next bombshell may concern battery swapping.
Infiniti brand boss Andy Palmer told Autocar that the new model will be “like the Tesla sports car option, but with more flexibility in terms of range.”
The e-NV200 is based on Nissan’s popular multipurpose commercial van, the NV200, and shares a powertrain with the LEAF.
While taking the number-two spot among such long-established automakers is an impressive feat for a startup company, it isn’t entirely a fair comparison.