Sad News Down Under

Sad News Down Under
Ford has announced that they will cease manufacturing operations in Australia in 2016.  Product engineering will continue.  However, this ma...

Telsa's Profit

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...

Another ATVM Borrower Fails

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...

Elio, stalled?

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...

Terrafugia's "Flying Cars"

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 ...