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California ARB fines Ford $2.96 million for sales of non-compliant On-Board Diagnostic systems in California

Green Car Congress

The California Air Resources Board announced that Ford Motor Company has agreed to fines totaling $2,960,000 for violations of air quality laws related to the sale of vehicles with non-compliant On-Board Diagnostic (OBD) systems in California. Officials estimate the money will support loans for about 90 clean-diesel vehicles.

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LG Energy Solution cuts investments after weak earnings

Teslarati

LG Energy Solution (LGES) is cutting some investments after reporting weak earnings, mostly attributed to slow electric vehicle (EV) sales growth. “W W e will have to cut capital expenditure considering sluggish EV market conditions and client demand, ” commented Lee Chang-sil, LGES’ Chief Finance Officer. billion won (US$114 million).

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Rivian IPO: What you need to know

Teslarati

billion) and Ford Motor Company ($79.65 The Finances So Far. Rivian’s S-1 filing with the SEC has provided a glimpse of the company’s finances so far. Rivian has disclosed that it is targeting a valuation above $60 billion in its IPO, with shares priced between $57 and $62. ” .

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Now, of course, Bright Automotive is ready to unveil the IDEA, with the expectation it will have 50,000 ready for sale in 2013. Both Ford Motor Co. • MORE: "How to Build a 100 Mile-Per-Gallon Car. Right Now can be seen here. Yes, still a few years away. That can add up to millions of dollars fairly quickly. (3

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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Andy Grove on battery power To wean itself from imported oil, the U.S. must create a strong electric car industry. The answer may lie in Silicon Valley. and it still leads globally.

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VIDEO: Driving a Tesla-powered Smart

Tony Karrer Delicious EVdriven

I wish the thing was for sale as-is. Automotive.coms auto loan locator can help you get a lower new car finance rate. Well they did give brief bursts of acceleration through the parking lot to show that it does have some Roadster goodness to it. But yes, there was no slalom to see how it handles the twisties.

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Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

The trouble is you then have to stop right away, which brings about some pretty strong regenerative braking action, something that Chrysler needs to work on before making the Circuit available for sale. Automotive.coms auto loan locator can help you get a lower new car finance rate. Let lenders compete for your business!