Yesterday the Obama administration announced “an unprecedented set of actions” to grow the U.S. plug-in electrified vehicle market.
The initiative represents a broad collaboration between federal agencies, state governments, major automakers, utilities, and others to aid the ongoing push to make electric cars viable alternatives to the internal combustion variety.
Perhaps chief in a laundry list of public and private sector agreements is up to $4.5 billion in loan guarantees for commercial scale charging — including fast charging — to create a nationwide network.
As the saying goes, if you can’t sign a supply agreement with ’em, buy a part of ’em.
That’s clearly not a saying, but that’s what Samsung Electronics Company just did with Chinese electric automaker BYD, handing over $440 million deal for a 1.9 percent stake in the company. According to Bloomberg, a Samsung subsidiary was turned down by China as an approved supplier of batteries to the automaker, so the electronics giant tried another door. (Read More…)
Audi is apparently about to embrace electric vehicles with all the intensity of a daughter greeting her father on the tarmac after the war.
According to Reuters, company sources say the automaker plans to make EVs account for 25 percent of sales by 2025 — a move that would erase the environmental stigma of its parent company and challenge Tesla in the fledgling luxury EV field. (Read More…)
There’s money in them there cars, Samsung Electronics Company must have thought.
The Korean technology giant is in talks to buy a stake in Chinese automaker BYD, Reuters reports, and it isn’t the first time the company sought new cash streams from automotive world. (Read More…)
Just as it did recently with the Model S, Tesla just took its Model X SUV in for a battery and price haircut, resulting in a new base model.
The automaker’s website now shows the availability of a 60D version of the all-wheel-drive utility, meaning a 60 kilowatt battery and an EPA estimated 200 miles of range. The battery shrinkage makes the new model the shortest-ranged Tesla in the stable, but it also undercuts the price of the formerly base 75D by $9,000. (Read More…)
Columbus, Ohio was chosen as the winner of the U.S. Department of Transportation’s “Smart City Challenge,” beating out six other mid-size cities for the $40 million federal grant.
With that grant and $100 million pledged from philanthropic and business sources on tap, the city’s plan will see improvements in social infrastructure and green, connected transportation — including greater electric vehicle use and new recharging infrastructure — despite the fact that Ohio’s power grid isn’t very green. (Read More…)
Sales figures point to a record-breaking month for electrified vehicles in June, but the final tally doesn’t tell the whole story.
After a dismal May that saw sales fall below the previous year’s numbers, sales of plug-in vehicles (battery electric vehicles and plug-in hybrids) surged in June, hitting a combined total of 13,722 units in the U.S., according to Hybrid Cars. (Read More…)
Tesla’s bad news week has now spilled over into a second, after the National Highway Traffic Safety Administration announced a second investigation into a Tesla crash involving the semi-autonomous Autopilot system.
According to Reuters, the agency wants to know if the Autopilot on the Model X involved in a July 1 rollover was activated at the time of the incident, and if it played any role in the crash. The driver of the Model X, a Detroit-area man who wasn’t seriously injured, claims he was using Autopilot when the vehicle left its lane and hit a guardrail on the Pennsylvania Turnpike.
While the NHTSA looks into this crash and the fatal May 7 collision that took the life of a Tesla owner in Florida, the automaker is engaged in a nasty war of words with Fortune magazine over two articles it claims are misleading and false. (Read More…)
The Leaf is nowhere to be seen — unless you’re staring at a Nissan dealer lot — and American buyers are barely budging their electric vehicle take up rate. Nissan, it seems, needs another incentive to sweeten its EV pot.
The solution? More free electricity. It’s not a new idea (actually, it’s an expanded version of two-year-old promotion), but the automaker probably figured, why the hell not? (Read More…)
A rollover crash on the Pennsylvania Turnpike doesn’t generate many headlines, unless it’s a Tesla Model X operating in Autopilot mode.
After last week’s revelation of a fatal May crash involving Autopilot, another incident involving the semi-autonomous technology is the last thing the automaker needs, but that’s what happened on July 1, according to the Detroit Free Press.
A Model X owned by Southfield, Michigan art dealer Albert Scaglione crashed outside of Bedford, Pennsylvania, about halfway between Pittsburgh and Harrisburg. The vehicle, which the owner said was in Autopilot mode, left its lane, hit the guardrail, rebounded across both lanes and overturned after striking the concrete median.
Neither the owner or his son-in-law were seriously hurt in the crash. (Read More…)