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Tesla got a penalty when it paid back its $465 million DoE loan nine years early

Teslarati

We learned our lesson with $465M DoE loan received in 2010/2011 – onerous terms exceed value of money received. billion in its bailout of General Motors, a company that, at least according to US President Joe Biden, is leading the electric vehicle revolution. billion for its upcoming battery plant.

Tesla 145
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Faceoff: 2011 Chevrolet Volt Vs 2012 Toyota Prius Plug-In Hybrid

Green Car Reports

Toyota and GM are the auto industry's heavyweights. Each has stumbled this year; General Motors collapsed into bankruptcy and Toyota is beset with embarrassing recalls that may dent its reputation for reliability. The 2011 Chevy Volt will hit dealers in less than a year's time, and a plug-in version of the.

Volt 64
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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.

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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

When asked to rate the importance of product attributes to consumer purchase decisions over the next five years, “fuel efficiency” was most frequently cited in the 2011 survey (91%), followed by safety innovation (82%), vehicle styling (77%), and environmental friendliness (75%). Investments. Forecast for Mergers and Acquisitions.

Global 218
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Remembering Lithium-Ion Battery Pioneer John Goodenough

Cars That Think

Twenty-five years later, the battery is gaining momentum in the auto industry as a means of reducing the cost of electric cars. Today it is being employed by Chinese EV manufacturers including BYD , as well as by Ford , General Motors , and Tesla. In addition to the Nobel Prize, he received the 2011 U.S.

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New DOT research shows drivers support connected vehicle technology, appreciate potential safety benefits

Green Car Congress

The pilot programs were held between August 2011 and January 2012 to gather feedback from 688 drivers who participated in tests of vehicle-to-vehicle communications. Eight major automotive manufacturers are working closely with the Department on this research through partnering agreements: Ford Motor Company, General Motors LLC.,

Connect 210
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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends. than was seen in 2010 and 2011.

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