Cars Powered by Cheap, Safe Batteries Likely Years Away
Used in everything from laptops to electric cars, lithium-ion batteries nonetheless have an image problem following several high-profile incidents involving smoke and fire.
electric car
Wall Street Watch Wednesday: Electric Cars Take Another Blow
Despite today's high gas prices, it's been one piece of bad news after another lately from electric car makers. Last week it was Smith Electric Vehicles calling off its IPO. On Tuesday it was Tesla Motors lowering its near-term outlook.
BMW, Toyota Forge Closer New Alliance in Challenge to Rivals
German luxury carmaker BMW and Japan's Toyota agreed to extend their cooperation to a bigger strategic alliance on Friday in a challenge to global rivals as competition intensifies.
3 Reasons Why You're Not Buying an Electric Car
The electric car has arrived, but odds are that there isn't one in your driveway. Several factors have gotten in the way of the eco-friendly automotive revolution, but at least now we can ask conspiracy theorists -- who argue that oil companies and the government are blocking plug-in cars from the road -- to leave the room and take their tinfoil hats with them. The electric car is here; drivers simply don't want them yet.
How the Chevy Volt Became a Political Punching Bag
GM CEO Dan Akerson is charged up about the politically manufactured controversy surrounding the Chevy Volt. "We did not engineer the car to become a political punching bag," he said. Tough words -- but rescuing the Volt's reputation will be a tough fight.
Corvette Autumn: Will the Next New Vette Be the Last?
Last week, the auto paparazzi brought us pictures of the prototype 2013 Corvette, which will apparently reprise the classic Vette formula. But in an era of high gas prices and tightening environmental regulations, how much longer can GM's horsepower party last?
Will You Buy an Electric Car? Tesla Hopes So
Upstart automaker Tesla Motors confirmed this week that its groundbreaking Model S, an all-electric luxury-sports sedan, was on track to enter production by this summer. It already has pre-orders for more than 8,000. Is the moment coming soon when electric cars go mainstream?
How to Go Farther on Less Fuel
Two weeks ago, DailyFinance asked our readers for their advice on how to save money at the pump. In the more than 1,500 responses that followed, we found a lot of creative solutions. Today, we look at maintenance and new-vehicle options that will help you spend less per mile.
Tesla's Annual Loss Triples as It Prepares to Launch the Model S
Tesla Motors, which went public with much fanfare last June, nearly tripled its losses for 2010 as it invested heavily to engineer and get ready for producing the Model S, its second offering and the first that targets a broader consumer market.
Can Obama's Proposed $7,500 Rebate Accelerate Electric-Car Sales?
In the State of the Union address in January, President Barack Obama set a goal of getting 1 million electric cars on the road by 2015. Now he's proposed $7,500 rebates, instead of tax credits, to reach that goal. Will that be enough to make it doable?
Zipcar Offers Rides in Plug-In Prius -- and Feedback for Toyota
Zipcar members in San Francisco, Portland and Boston can try out Toyota's Prius plug-in hybrid, providing valuable info to Toyota before rolling the cars out to consumers in 2012. And Zipcar gets another way to make its greenhouse-gas- conscious customers happy.
GM Makes a Deal for Cheaper, Longer-Lasting Batteries
The automaker has licensed technology from the Energy Department's Argonne National Laboratory that will boost the performance of lithium-ion battery cells for its electric Chevy Volt. The next-generation power packs will be made at a new plant in Michigan by Korea's LG Chem.
Fuel Efficiency Is Top Priority for Car Buyers Worldwide
Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives worldwide also showed that many have serious concerns about such vehicles' affordability.