PrivCo, a private corporate intelligence firm, has published a 20+ page dossier on Fisker’s seemingly strong ability to fundraise for itself, while failing to do a good job of actually creating cars. With Fisker teetering on the verge of bankruptcy, the results are staggering; with just under 2000 units sold, Fisker burned through an estimated $1.3 billion in venture capital, taxpayer-funded loans and private investor funds.
In 2005, ABC News Polls claimed the average daily commute in America was 16 miles, a number borne out in our own Facebook poll. If you have a commute like that and want an EV for commuting and a hybrid for road tripping, you’re the target demographic for a plug-in hybrid. Since I’m not a trust fund baby, and neither are most of TTAC’s readers, I’m going to forget about the Karma while we dive deep into Ford’s first (and interestingly spelled) Energi.
NHTSA is proposing to make it mandatory that hybrid cars and EVs have the ability to emit a sound when traveling below 18 mph on electric power, as a means of warning pedestrians and cyclists. The system is said to add about $30 to the cost of each vehicle, and will no doubt tie up bureaucrats for months as they debate just what kind of tone will best protect the public from the horror of low-speed injuries. So why don’t we make life easier for them and decide ourselves?
“Everybody uses the road and if some pay and some don’t then that’s an unfair situation that’s got to be resolved,” said Jim Whitty, manager of the Oregon Department of Transportation’s Office of Innovative Partnerships and Alternative Funding.
Ah, yes. As with any number of current governmental activities, the rationale for per-mile taxation will be fairness.
Anyone looking for a poorly-lit teaser of the Cadillac ELR is in luck! Cadillac just released this image in advance of the car’s debut at NAIAS in a few weeks. In addition to the CUE system, the ELR will also get a bigger battery pack and a more powerful motor to help differentiate itself from its plebian sibling, the Chevrolet Volt.
While Johnson Controls and China’s Wanxiang Group have competing bids to acquire the assets of advanced battery maker and Fisker supplier A123, a more serious battle is occurring in U.S. Bankruptcy Court in Delaware between the startup automaker and what is arguably its most important vendor. A123 wants the bankruptcy judge to void its contracts including those for supplying batteries to Fisker. That could stop production of Fisker’s only car, the Karma. (Read More…)
Five days ago we released the first part of the 2013 Accord review. It’s not how we normally do things, but in order to get our hands on the second best-selling mid-size sedan in America we had to agree to keep you all in suspense. If you want to know about the new Accord’s drivetrain, interior and infotainment systems, click on over to part one and then head back here when you’re done. I promise we’ll wait for you.
Redesigning the second best-selling midsize sedan in America is no easy task. It’s also one that doesn’t happen very often for fear of getting it wrong. Still, even with all the bad press the new Civic received, sales have been booming. By all appearances this has not made Honda sit on their hands however when it came to the new Accord. Honda invited us to Santa Barbara to sample the all-new, smaller, 9th generation Honda Accord. This is a bold launch event with not just a new engine and transmission under the hood, but an all new hybrid technology on offer as well. If you want to know how it drives, or how much it costs, our Honda overlords have decreed our lips must be sealed until the 10th at 6AM Eastern. Set yourself a reminder then click-through the jump for part one.
Public beta tests are common in the computer world where a group of fanatics pound your beta to death and help you find the problems. In the automotive world this activity is not only rare, it runs contrary to the cash spent on dressing future cars in swirly vinyl. The Prius plug-in is different. Toyota built 600 demonstrators and sent them to large corporations, Zipcar fleets and, of course the press. Even TTAC was allowed to drive one for a week. What does that have to do with the final product? And how does it stack up against the Volt, Plug-in Fusion and the 2013 Accord Plug-in? Let’s find out.