Archive for the ‘ Under The Hood ’ Category

Obama Wants 1 Million Electric Cars On The Road By 2015 – Can It Be Done?

Obama came out strongly in favour of electric cars during his State of the Union yesterday, going so far as to say he wants to see 1 million EVs of the road by 2015, just 4 years from now. The US currently offers a federal tax incentive of $7,500 USD for each electric car purchase, similar offers are in place in most European countries and in both China and Japan. Lanjut →

Tesla Model X SUV Coming This Year

Elon Musk has gone on the record saying that the forthcoming Tesla Model X SUV will be publicly shown this year, possibly in Q3, indicating that Tesla is further along in the electric SUV’s development than many had predicted. Lanjut →

The 261 MPG VW Formula XL1 Production Prototype

The engineers at Volkswagen are claiming that the above Formula XL1 Prototype has a mpg rating of 261, a staggeringly high rating if it turns out to be true. The hybrid car is set to be unveiled at the Qatar Motor Show this week, an interesting choice of show for a car designed to drastically cut oil consumption and the resulting demand for oil from the Middle East. Lanjut →

Tesla Shares Could Hit $50 By 2013

An analyst with JP Morgan predicted on Monday that Tesla shares could surpass $50 within 3 years, the stock is currently trading at $24.49 after seeing a 7% rise based on the analysts report. Lanjut →

Industrial Spies Discovered Inside Renault – The Electric Car War Just Got Dirty

Renault’s CEO Carlos Ghosn has said he has a multitude of evidence to support charges of industrial espionage within Renault regarding the future of their electric car program. 3 executives have been charged with corruption, industrial espionage, breach of trust and theft. The 3 (now fired) executives have denied any wrongdoing. Lanjut →

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