Covering Electric Cars For The Sake Of Our Future
Reva Electric Car Company from Bangalore, India has entered into a joint venture with a US based car maker Bannon Automotive for opening an assembly plant in a Syracuse suburb. The company plans to assemble its plug in electric car, a three-door hatchback called NXR and a sporty two-seater electric car called the NXG [...]
The fever for electric cars is rapidly spreading as many new and old car manufacturers strive to come out with latest models for public use. Market heavyweights like Nissan, Subaru, and Honda are locked in battle with a number of boutique car manufacturers to offer to the customers, the first electric car for sale.
Most [...]
There is good news for the buyers of electric cars in Britain. The British government has offered a solid backing with millions of pounds in subsidies for the plug in electric cars. It is expected that the incentives will range from 2,000 pounds to 5,000 pounds ($2,985 to $7,463) for each buyer wishing to own [...]
The British government has set a target according to which at least one out of 10 cars on the roads will be electric by 2020. This autumn the iMIEV (Mitsubishi Innovative Electric Vehicle) has gone in for production and is expected to hit the market later in the year. Given the sky-high price of the [...]
Tesla Motors has been developing high-performance electric cars for sale. It has already attracted the attention of heavy weights like PayPal co-founder Elon Musk, who is its main backer, and Google co-founders Larry Page and Sergey Brin. Tesla Motors has raised $186 million until now.
It has produced the Tesla Roadster, which is a plug in [...]
Tesla Motors, one of the cutting edge electric car companies, which has people like the founders of Google, George Clooney and Arnold Schwarzenegger among its fans, has announced that it has been hit by the global financial crisis and is losing money.
Tesla Motors was banking on an investment of $100m, which failed to materialize because [...]
Shai Agassi, who is quite well known as an electric car evangelist, has been trying to popularize a new way of selling electric cars, which according to him would make them cheaper and bring the prices to the level of regular cars, if not lesser. Mr. Agassi, who used to be a software executive, say [...]
Electric cars are coming of age with various electric car companies developing or launching their products in different countries. In the not too distant past, leading car manufacturers tightly held on to the opinion that developing new electric cars for sale was not a good idea. They were convinced that it would not be profitable, [...]