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Tesla Makes First Profit: $11M in Q1 2013
Tesla has formally announced its first quarter 2013 results, reaching profitability for the first time in the American electric automaker’s 10-year history. According to the report, Tesla generated a...
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Tesla Model S Almost Perfect, but Not Recommended by Consumer Reports
Although the Tesla Model S scored a near-perfect 99 out of 100 in Consumer Reports latest test, the product testing outlet won’t list the electric luxury car on its recommended list. “Another concern...
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Bosch Debuts New EV Charger for Less Than $450
Bosch has announced it will begin selling its Power Max residential electric vehicle charger for under $450 and is designed to work with all electric vehicles. The Power Max is a 16-amp configuration...
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Tesla Shares Jump 24% After Maker Reports Profit
Tesla’s stock price rose 24 percent Wednesday after the electric car maker reported its first quarterly profit. The maker said that it’s first-quarter net income totaled $11.2 million, up from a $89.9...
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Chinese Electric Cars Aim at US Taxi Fleets
American taxi fleets will be allowed to buy electric cars from Chinese automaker Build Your Dreams (BYD) despite the brand’s choice not to offer at the consumer level. The brand will offer a version...
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Nissan Leaf Sales Crest 25,000 in US
Almost two and a half years after the Nissan Leaf went on sale, the little electric car can count 25,000 sales in the U.S. “With more than 25,000 LEAFs in the U.S. and 62,000 around the world, we’re...
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10.7 Million Charging Stations Available Globally by 2020: Report
According to a recent study released by IHS Automotive, an estimated 10.7-million charging stations will be available globally by the end of the decade. That’s a tenfold increase to where we are at...
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Mitsubishi Taking Two MiEV Evolution II Race Cars to Pikes Peak
Mitsubishi has announced that it’ll be competing in this year’s Pikes Peak International Hill Climb with a pair of MiEV Evolution II all-electric prototypes. Like all teams participating, the Japanese...
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Wyoming Lithium Supply Could Yield 18 Million Tons
Recently, the University of Wyoming’s researchers released data that showed the state’s Rock Springs Uplift could provide up to 18-million tons of lithium. While looking for sites to store carbon...
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Plug-in Car Sales Hit 100,000 Milestone in US
Sometime over the weekend, the 100,000th plug-in vehicle was sold in America. It’s not as impressive a figure as the industry and government had hoped for, but it proves that plug-ins are making...
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Fisker Karma Resale Values Plummet
While American electric car maker Fisker is still treading through some rough waters, owners of Karma models are now watching their vehicles’ resale value take a huge tumble. Owners of Fisker Karmas...
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Coda Files Request to Recall Sedans Despite Bankruptcy
Although the company filed for Chapter 11 bankruptcy months ago, Coda Automotive wants to recall its single product to replace the side curtain airbags. Coda has filed a request with the United States...
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Tesla Aims to Repay Government by Wednesday
Elon Musk, Tesla’s ever enigmatic CEO, announced over Twitter that the company will likely repay its government debt by Wednesday, May 22. “Given govt loan repayment this week (prob Wed),...
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Tesla Repays Government Loan Nine Years Early
As expected, Tesla has repaid its government loan nine years early, becoming the first American automaker to have paid back the government. Originally awarded a loan by the Department of Energy in...
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Infiniti EV to Feature Induction Charging, Based on Nissan Leaf
The Nissan Leaf-based Infiniti electric car will use induction-based charging, aiming to do away with charging cables. As expected, the Infiniti EV will feature a completely different exterior and...
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2014 Chevrolet Spark EV Priced From $27,495
Chevrolet has announced that its 2014 Spark EV will be priced from $27,495 including an $810 destination fee. The American automaker also announced that the Spark EV 1LT will have a low mileage lease...
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Kia Soul EV to Launch in 2014
Korean Automaker Kia is preparing its first North American foray into the world of electric cars with the Kia Soul EV, which is expected to launch in 2014. According to Kia World, the electric Soul...
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VL Automotive Looking to Buy Fisker for $20 Million
Fisker’s fall from grace is well documented, and it appears that the value of the company is plummeting in the eyes of potential buyers. VL Automotive, a team consisting of former General Motors...
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Tesla CEO Elon Musk Fires Back at Chrysler
As expected, Tesla CEO Elon Musk has fired back after Chrysler issued out a rebuttal to the electric-car manufacturer’s claim that it was the first American car company to have fully repaid its...
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Henrik Fisker Partners with Investor Group to Bid for Fisker Automotive
Things may be looking grim for Fisker Automotive, but Henrik Fisker isn’t giving up on the brand he founded. Fisker, who resigned from the American automaker in March, is working with an investor...
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