Tesla Repays $465M Government Loan 9 Years Early
Electric carmaker Tesla has paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering.
electric vehicle
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.
Can You Profit from Obama's New Energy Policy?
Last week, President Obama outlined a new energy policy that aims to reduce America's dependence on foreign oil. How can patient investors capitalize on his vision?
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?
Ford and Toyota Debut New Electric and Hybrid Vehicles
New models from Ford and Toyota drew the hottest interest Monday as the North American International Auto Show opened in Detroit: Each announced several electric and hybrid vehicles, including an electric Focus and a plug-in Prius.
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.
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.
Ford to Introduce Electric Focus in Key U.S. Markets in Late 2011
The automaker plans to roll out its first all-electric passenger car in 20 U.S. cities late next year.
General Electric to Buy 25,000 Electric Cars Over Next Five Years
General Electric plans to purchase 25,000 battery-powered vehicles during the next five years for its own use and to lease to commercial customers.
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.
General Motors Defends Volt All-Electric Vehicle Claim
General Motors is firing back at the automotive press after critics' assertions that the much-anticipated Chevrolet Volt isn't a true electric car -- rather merely another hybrid, and not particularly fuel-thrifty.