In the nearly 20 years it’s been on the market, the Toyota Prius has become an icon of eco-friendly motoring. Now, Toyota wants to build on the legend with a new, more upmarket version called Prius Prime. It comes equipped with plug-in charging, but it should be much more than the previous-generation Prius Plug-In. While the Plug-In was basically nothing more than a basic Prius with a larger battery and electric plug, the Prime is supposed to add style and luxury.
Category: Alternative Energy
The world needs to be saved, but who wants to spend more money doing it?
That, cash lands on Takata-plagued dealers, Tesla takes to the track, BMW wants you in and out fast, and Volkswagen dreams of slaying the Prius … after the break!
After seemingly using up its legal arsenal against Volkswagen, the U.S. is pulling its backup out of an ankle holster and taking another shot.
That, Kia and Hyundai might get a Korean competitor, Mercedes-Benz is feeling charged up, Audi is still a fuel cell fan, and Volvo wants to standardize EV recharging … after the break!
It seems Sergio Marchionne may be switching teams when it comes to shacking up with another company to build cars of the future, reports Bloomberg.
At the Geneva International Motor Show, the self-confessed Apple geek said that Fiat Chrysler Automobiles would be well-suited to contract build a car designed in California.
“I would assume that we have the credibility to be one of the players they have looked at,” Marchionne said in Geneva. “There are parts of us that would be interesting for them.”
(Caveat: I know nothing at all about stocks, bonds or other financial instruments.)
After automotive startup Elio Motors raised approximately $17 million dollars in a Reg-A+ stock offering the company crowdsourced from small investors via StartEngine, it said its shares would be listed on the OTCQX exchange to provide those investors with liquidity.
It’s probably too early to call Elio another Tesla (whose own market capitalization probably exceeds its actual value), and I don’t know how many of those investors are going to sell their stock so soon. But, if they did, they would have more than doubled their money in less than two weeks as of Monday’s close. Read More >
The Environmental Protection Agency is pointing at its watch and glaring at Volkswagen.
That, an opening for the Swedes, an electric propulsion prediction, a high-end guy gets a new job, and Tesla gets targeted in Hoosierville … after the break!
The Environmental Protection Agency has asked Volkswagen to build electric vehicles in the United States as part of an effort to make up for nearly 600,000 illegally polluting diesels, reported German newspaper Welt am Sonntag (via Automotive News).
The proposal, if accepted by both parties, could bring electric vehicle production to Volkswagen’s plant in Chattanooga, Tennessee, which currently produces gasoline and diesel versions of the Volkswagen Passat and is slated to build a three-row midsize SUV by the end of 2016.
But what electric vehicles could Volkswagen build in the United States?
Electric vehicles aren’t rollin’ coal anymore — or, at least, not nearly as much as they used to.
Reuters reports coal-fired electricity generation is now at a 35-year low in the U.S., and November 2015 was the fifth month in a row more natural gas than coal was used to produce electricity.
That’s not all. From Reuters:
With just one month of data missing in 2015, some analysts think power companies may have burned more gas than coal for the full year for the first time in history.
Oh, and guess what’s dirtier than natural gas when burned? You bet: gasoline.
FCA has to clean up its act in a hurry, or pay a lot more to sell cars in the future.
That, Europe wants Volkswagen to treat its owners the same as American owners, General Motors’ lawyers get down and dirty and Porsche’s plug-in 911 … after the break!
The man in the middle of GM’s faulty ignition switch has finally spoken, and the word “mistake” came up at least twice.
That, does anyone have the number for Google, GM and Honda may join forces, and take a cab … after the break!