Thursday, May 23, 2013 Sad News Down Under Ford has announced that they will cease manufacturing operations in Australia in 2016. Product engineering will continue. However, this ma...
5:45 AM Tesla Pays Back ATVM Loans... But Why? The big announcement yesterday in the auto business was that Tesla was paying off its ATVM loan off early. I am puzzled by this, it se...
Monday, May 20, 2013 Will BEVs put auto service shops out of business? Inside EVs asks , "Will Electric Vehicles Drive Mechanics Out Of Business?", after an article in The Street . The answer is ye...
Thursday, May 16, 2013 Telsa's Profit Tesla's profit this first quarter, $11 million, was due in part to income from selling EV credits in California to other automakers. Te...
Thursday, May 9, 2013 Another ATVM Borrower Fails VPG, which designed (and actually built) a purpose-built vehicle for handicapped transportation, has shut down. The company ran out of...
Wednesday, May 8, 2013 Elio, stalled? It sounds like Elio Motors is having a hard time raising capital to fund development. According to KTBS , Elio has not raised enough money...
6:23 AM Terrafugia's "Flying Cars" Terrafugia, a company made up of MIT grads, has developed a "flying car", which is really an airplane that can be driven on roads ...