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Tesla outlines scheme for $4-5B battery Gigafactory; announces $1.6B offering

Green Car Congress

In October 2013, Panasonic and Tesla had already expanded their 2011 supply agreement so that Panasonic will supply nearly 2 billion automotive-grade lithium-ion battery cells to Tesla through 31 December 2017 at long-term preferential prices. Morgan and Deutsche Bank Securities are acting as joint book-running managers for the offering.

Batteries 299
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SSB Flex mobility service launches in Stuttgart on 1 June

Green Car Congress

The SSB Flex mobility service gives customers a flexible, on-demand and tailored way to book journeys using the SSB Flex app. When a customer uses the SSB Flex app, the app locates the passenger and shows them possible connections to their destination. An adult can book short trips with SSB Flex from €2.20.

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Volkswagen AG provides details on investigations into NOx cheating; origin and fixes; new strategic direction

Green Car Congress

In connection with its work, Jones Day is being provided with operational support by the audit firm Deloitte. The costs of implementing these solutions will be manageable in technical, manufacturing, and financial terms, the company said. The new structure will be in place Group-wide by the start of 2017. Earlier post.)

Legal 150
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Road Test: 2021 Hyundai Sonata Hybrid Limited

Clean Fleet Report

This horizontal lighting connects the brake lights, which have small air flow fins. Top midsize sedan in our book. Road Test: 2017 Honda Accord Hybrid. Because of this we don’t address issues such as long-term reliability or total cost of ownership. Clean, Refreshing Interior. Story by John Faulkner.

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Proterra beefs up its battery expertise: Q&A CTO Dustin Grace

Charged EVs

Dustin: There’s no rule book on that one. Taking a component that was almost one-third of the volume cost of the bus and reducing that as much as possible was critical [in order to make] a competitive product. Secondarily, on that battery decision, I think we looked a lot at cost. Dustin: I joined Proterra in September 2015.

Batteries 118
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Solving the Electric Vehicle Charging Conundrum

Cars That Think

Is it worth the extra almost 50 percent added to the cost of the car? How big a deal is that when we consider this high initial cost of electric vehicles? You will look not just at an initial cost, but at how much they cost to maintain. And so fleet buyers essentially spreadsheet out what does it cost?

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

Is it worth the extra almost 50 percent added to the cost of the car? How big a deal is that when we consider this high initial cost of electric vehicles? You will look not just at an initial cost, but at how much they cost to maintain. And so fleet buyers essentially spreadsheet out what does it cost?