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Finnish Company Reveals 1,300 HP Electric Supercar

A Finnish automaker has debuted an all-electric supercar. Named the Toroidion 1MW, the electric supercar was revealed at Top Marques in Monaco and looks to set its sight on toppling the Koenigsegg...

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Elon Musk Nearly Sold Tesla to Google

How we know Tesla today could have changed significantly just a couple of year sago. According to a new book titled “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future,” author Ashlee...

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Elon Musk’s Tiny Salary Gets Small Increase

Tesla CEO Elon Musk got a raise, but Tesla doesn’t pay him nearly as much as you might think. The American automaker revealed in its latest proxy filing with the SEC that Musk will now receive an...

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Tesla Model X On Track for 2015 Delivery

Despite a series of setbacks, the Telsa Model X crossover seems to be on track for arrival later this year. The American electric car manufacturer revealed the status of its major projects in an SEC...

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Electric Vehicles Need Additional Federal Support: Study

A new study has found that federal incentives are still necessary to help the adoption rate of electric vehicles. While some states are cutting off electric vehicle incentives and even charging owners...

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Volkswagen Mulls Single Battery Design for Electrified Vehicles

Volkswagen hopes to scale its electric powertrain production costs down by using a unified battery cell. According to VW board member in charge of development, Heinz-Jakob Neusser, the German...

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Audi Readying Tesla Model X Fighter

Add Audi to the list of automakers readying an all-electric luxury crossover. The Tesla Model X hasn’t even reached production yet and the German automaker is gearing up to compete against it....

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Tesla Roadster Update Coming in August

  The Tesla Roadster update that will increase its range will probably arrive in August. Tesla CEO Elon Musk posted the news to his Twitter account, saying safety validation for the new Roadster...

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Mitsubishi Evo Name to Return as Hybrid Variant

The Mitsubishi Evo will live on, but not in a way that automotive enthusiasts might have imagined. In an interview with Autocar, the Japanese automaker’s head, Tetsuro Aikawa, said that the company...

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Tesla Pre-Owned Sales Launched Online

Tesla is now selling used Model S electric sedans.  The brand quietly launched the service about two weeks ago on its website. There are currently 11 U.S. markets that are served by the Tesla...

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New Fisker’ Offers Free Maintenance to Current Owners

Fisker’s new corporate parents are providing support for current Karma owners. The “new Fisker” has announced that it has appointed authorized CSP (customer support program) providers to assist...

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Porsche Fuel Cell Vehicle Under Development: Report

Porsche is going green and in a big way. According to Autocar, the German automaker is preparing a BMW 5 Series competitor that will be available with electric and hydrogen fuel cell variants. Through...

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Tesla Model 3 to Debut Next March, On Sale in Q2 2017

Tesla will hit the mainstream in 2017. The disruptive electric car maker will begin sales of its new Model 3 in the second half of 2017, but the car will debut much sooner. During a first quarter...

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Tesla Reports $154M Loss in Q1 2015

Despite reporting $1.1 billion in non-GAAP revenue, Tesla had a first quarter net loss of $154 million.  The American electric automaker expanded into energy-storage batteries for homes and invested...

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GM Electrified Car Sales to Fall Short of Goals

GM has admitted that it won’t hit its electrified vehicle sales goals. The brand was aiming to have 500,000 vehicles that use electrification of some sort in the hands of customers by 2017, but as of...

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Tesla Buys Michigan-Based Auto Supplier

Tesla now has a manufacturing presence in Michigan.  The California-based company has made its first acquisition, buying Grand Rapids, MI based Riviera Tool which produces stamping parts that are used...

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EV Buyers are Younger, More Affluent: Study

A recent study has revealed that those customers adopting EVs tend to be young and wealthy.  According to TrueCar.com, the average electric vehicle shopper is younger and richer than their gas-buying...

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2017 Porsche Panamera S E-Hybrid Spied Testing

The 2017 Porsche Panamera S E-Hybrid is undergoing testing. The small charging socket door seen on the left rear fender tips off this car’s plug-in hybrid identity, while a fuel filler door can also...

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FTC Wants Michigan to Lift Tesla Sales Ban

The Federal Trade Commission (FTC) wants Tesla cars to be sold in Michigan. The federal agency recently urged the state of Michigan to lift its Tesla sales ban, sending an 11-page letter to Michigan...

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Fiat Chrysler CEO Impressed by Elon Musk

At least one automaker CEO is “incredibly impressed” with what Elon Musk has done with Tesla. Sergio Marchionne, who has an impressive resume himself as the CEO of Fiat Chrysler Automobiles, recently...

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