Big news in the green car world today. Tesla Motors called a press conference earlier this evening to announce their new joint project: building an electric car in cooperation with Toyota. The text of the complete press release follows:
May 20, 2010 – Palo Alto, California, U.S.A. — Tesla Motors, Inc. (Tesla) and Toyota Motor Corporation [...]
There’s no denying that, as much as those of us who are pro-environment want it to happen, it’s going to take years – perhaps even decades – before electric cars become de rigueur on American highways. Consumer adoption takes time, after all, and we have a LOT of consumers here. As translated by Hybrid Cars, [...]
Hybrid Cars reported earlier this month that Ford is about to become the third automaker to lose its federal tax incentives for gas-electric hybrid cars. Toyota’s tax credits for hybrids went away at the end of 2007, and Honda’s hybrid credits ended at the beginning of last year.
Those tax credits were part of a [...]
HybridCars.com, one of the leading authorities on trends in hybrid technology, is reporting that on Tuesday General Motors announced plans to open a $246 million facility dedicated to the construction of electric motors destined to power future hybrids. The first of these will likely appear in 2013 in two-mode, rear-wheel drive vehicles.
Tom Stephens, GM vice [...]
According to an article posted early last month at Edmunds.com”, the auto industry is currently on track to sell roughly 1.2 million more cars and light trucks in 2010 than in 2009.
At the time of the article, December 8th, available data put the 2009 total units sold in the United States on track for [...]
