Plugs and Cars

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The approaching Tesla dry spell

Plugs and Cars

Tesla doesn’t have any signed agreements for powertrain component sales after 2011." There's no evidence yet of a deal beyond 2011 regarding the heralded, new RAV4 EV. Fehrenbacher had thought components sales might provide a backstop until the Model S appears, but points to the recent S-1 filing.

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Tesla IPO: Taking the dream for a ride

Plugs and Cars

Tesla will stop production of the Roadster in 2011. The next ride won't be the Tesla S Sedan, it will be Tesla the stock. Tesla Motors has filed an IPO plan with the SEC to raise $100,000,000 in a public offering. The electric sedan is meant to appear in 2012.

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FT: EV subsidies a waste

Plugs and Cars

The UK announced a £5000 incentive for EV beginning in 2011. Yesterday's Financial Times had a great companion piece to the idiocy in today Post.

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It's official - Think to set up shop in Indiana

Plugs and Cars

ink's press release, cars will begin to be sold stateside before the end of the year, although US assembly won't begin until 2011. nk City this morning in Elkhart. According to Th!ink's Getting cars into the hands of consumers in a way that gets noticed sooner rather than later will be essential if the brand is establish itself here.

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And Ford makes three

Plugs and Cars

The work will include partnering with battery and powertrain systems suppliers to deliver a full battery electric vehicle (BEV) in a van-type vehicle for commercial fleet use in 2010 and a BEV sedan in 2011. We will develop these vehicles in a manner that enables it to reduce costs and ultimately make BEVs more affordable for consumers.

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News from Detroit

Plugs and Cars

Today they announced officially that MINI E "pioneers" will be able to extend their leases until 2011. BMW has recognized that they simply teed up GM and Nissan to benefit from the MINI E experience.

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Financial Times on Th!nk

Plugs and Cars

It plans to begin selling its cars in Norway, Denmark, Switzerland and the UK next year, with projected sales of 10,000 cars in 2009 and double that by 2011. Think says it has battery supply contracts with three companies, and is moving into production. One question raised in the story is how Th!nk

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