AOL Readers' Secret for Buying Electric Cars
If you want to buy an electric car, but you're worried about getting left behind when the next generation comes along, AOL readers have a smart suggestion.
electric cars
5 Things to Watch This Week
Nobody can predict all the news that will move the markets in a given week, but here are a few things we do know will help shape the week ahead on Wall Street.
Monday Memo: This Week on the Saving Channel
A preview of what's happening this week on DailyFinance's new Saving Channel, where we bring you the best in money-saving ideas and strategies.
Recharge of the Cool: The Electric Car You'll Want Is Finally Coming
Tesla Motors has some good news for fans of the American maker of electric cars. The Model S -- its first reasonably priced vehicle -- may hit the streets as early as June. Will this be the vehicle that jump starts electric car sales?
GM's Not Unplugging Chevy Volt ... But It's Low on Juice
Bad news for GM: The Chevy Volt still isn't selling the way the automaker hoped it would, so it's temporarily halting production of the battery-powered hybrids for five weeks. Worse news for GM: Shutdowns like this only make the Volt a harder sell.
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.
As Gas Prices Rise, Toyota's Hybrid Sales Pass 3 Million
Toyota has sold 3 million hybrid vehicles since launching the Prius in 1997.
U.S. Employment Figures Buoy Nikkei, Buffett's BYD Boosts Hang Seng
A slight slip in the price of oil allowed Japanese investors to focus attention on positive employment figures out of the U.S., boosting the Nikkei 225 Index by 0.9%. In Hong Kong the Hang Seng also Index added 0.3%, while the Shanghai Composite Index edged down 0.4%.
How a Google-Backed Startup Aims to Save Energy
Billions of dollars of electricity is wasted annually by inefficient power-conversion systems. But a fledgling company called Transphorm believes its technology can cut electric bills significantly -- and hike mileage for hybrid electric cars and boost output flowing from solar panels.
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?
Infineon Sees Joysticks Instead of Steering Wheels in Electric Cars
German chipmaker Infineon Technologies is considering the idea of an electric car that's steered with a joystick, which could help car companies slash costs as they replace expensive mechanical parts with cheaper electronic ones.
GM Rolls Out Long-Anticipated Chevrolet Volt Plug-In Hybrid
Will the Chevy Volt -- General Motor's new plug-in hybrid unveiled today -- be a game changer, as CEO Daniel Akerson hopes? We'll soon find out as the car is scheduled to begin shipping to dealers next month.
Panasonic Recharges Tesla Motors with $30 Million
Panasonic is recharging electric-car company Tesla Motors with $30 million. The electronics manufacturer, which provides batteries for Tesla's cars, will now own 2% of its customer. The deal also puts Tesla back in the battery business.
Buffett's China Car Project Drives Into Trouble
Profit tumbled 99% at BYD, a Chinese auto company that makes electric cars. Warren Buffett's Berkshire Hathaway holds a 10% stake in the company.
China Spending $15 Billion on Electric Car Project
Mindful of the ecological toll that gasoline and diesel engines exact on the environment, the Chinese government is pressing forward with plans to build 1 million electric vehicles a year by 2020. China's government plans to spend 100 billion yuan ($15 billion) in the next 10 years to subsidize the effort, which includes building plants and infrastructure to accommodate green vehicles.
Tesla and Toyota Team Up in a $60 Million Electric RAV4 Deal
Tesla Motors has signed a $60 million contract with Toyota Motor to develop an all-electric version of the popular RAV4 compact sports-utility vehicle, Tesla said Wednesday.
GM Says Employees Can Buy IPO Shares
General Motors is giving some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
Tesla's IPO: No Profit,
No Product, No Problem
The luxury electric-car maker, which just got a $465 million government loan, has filed to go public. And its IPO filing is eyebrow-raising. It reveals, for instance, that Chairman and CEO Elon Musk "does not devote his full time and attention to Tesla."
