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Toyota 2017 Mirai fuel cell vehicle remains $57,500; 312-mile electric range

Green Car Congress

Toyota announced the pricing for the 2017 model year Mirai fuel cell vehicle. Costs above exclude official fees, taxes and dealer charges. Mirai customers take delivery from one of the eight authorized California dealers of their choosing. MY17 MSRP remains $57,500 plus an $865 destination fee.

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BorgWarner to acquire Sevcon in $200M deal

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per share in cash and all of the outstanding shares of Sevcon’s Series A Convertible Preferred Stock for a price per share on an as-converted basis equal to the common stock, together with payment of any accrued and unpaid dividends. BorgWarner will acquire all of the outstanding shares of Sevcon’s common stock for $22.00

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smart introducing new mobility service in Europe: “smart ready to rent”

Green Car Congress

With “smart ready to rent”, the full smart model range—and next year also the new smart electric drive models—can be flexibly rented from dealers. Vehicles can be reserved via an online booking platform www.smart.com/rent or directly with the dealer. The scheme will be gradually extended to further cities.

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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

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China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. Many OEMs and dealers have engaged in huge marketing events for traditional cars and offered large discounts to consumers. in July based on official CAAM statistics.

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Hagens Berman files class-action fuel economy and emissions lawsuit against Fiat Chrysler and Cummins over SCR defect in RAM 2500 and 3500 diesels

Green Car Congress

Additionally, when FCA dealers attempt to fix the SCR system defect, they often simply “flash” the computer to prompt the truck to burn more fuel to clean the filter. The affected vehicles are the 2013-2017 RAM 2500 with Cummins diesel (2WD, 4WD) and. 2013-2017 RAM 3500 with Cummins diesel (2WD, 4WD).

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Tesla delivers 6,457 Model S cars worldwide in Q1; GAAP net loss of $50M, non-GAAP net of $17M

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billion, due in part to the issue of $2 billion of senior convertible notes with five- and seven-year maturities. Q2 financials will reflect an additional cash inflow of $267 million from the exercise of the convertible notes over-allotment option by the underwriters. Q2 & 2014 Outlook.

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Chevrolet to offer small number of 2016 Silverados pickups with e-Assist mild-hybrid technology; 13% better city cycle fuel economy

Green Car Congress

Chevrolet will offer a small number—initially approximately 500 through California dealers—MY 2016 Silverado pickup trucks equipped with eAssist mild-hybrid technology. Based on feedback from these initial customers, Chevrolet may adjust production for 2017 model year. V-8 and 8-speed automatic.