After Tesla CEO Elon Musk announced earlier this month that he planned to take the company private, investment advisors hooked a big fish to provide the funding, according to a report in The Wall Street Journal on Monday. In a long report about the Tesla board's deliberations over taking the company private, the Journal revealed that investment... Tesla had VW funding lined up to go private, report says
After Tesla CEO Elon Musk announced earlier this month that he planned to take the company private, investment advisors hooked a big fish to provide the funding, according to a report in The Wall Street Journal on Monday. In a long report about the Tesla board's deliberations over taking the company private, the Journal revealed that investment...
Retro is apparently the new future. After Jaguar announced it would begin producing electric conversions of its classic E-type this weekend, and Electra Meccanica announced that its next car will be an electric replica of a Porsche 356 roadster, the latest retro-inspired electric car comes from the maker of the infamous AK-47 automatic rifle...
A production prototype of the upcoming Mercedes-Benz EQC electric crossover SUV has taken a peek from under its veil ahead of its official reveal Sept. 4. Mercedes released two short videos of the car. One reveals a quick look at the left headlight that shows some of the car's angular grille and announces the date of the car's full debut...
In June, we heard that the 2019 Chevrolet Volt will come with a faster charger and more luxury features. Now, CarsDirect has learned how much those features will add to the price. The price of the base Volt LT model will go up $300 to $34,395, including destination and before any applicable federal or state tax breaks. The top-level Volt Premier...
With the annual classic car weekend going on in California, automakers are all working to outdo each other—and this year that means with electric cars. On Friday, Audi revealed its PB18 e-tron. Although it's a concept car, intended to combine the ideas from last year's self-driving Audi Aicon concept with the company's LeMans-winning R-18...
Who objected to the Trump administration's plans to freeze emissions and fuel-economy standards? What was recalled going back to the beginning of modern electric cars? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending August 24, 2018. Friday, Jaguar revealed that it will build all-electric...
Tesla CEO Elon Musk announced late Friday via a statement on Tesla's website the automaker would give up plans to take the company private, just 17 days after the embattled executive announced on Twitter he was considering one of the largest leveraged buyouts in corporate history. Staying Public https://t.co/gUrAnInBOu — Tesla (@Tesla)...
Kia has announced it will build an all-electric version of its Niro hatchback for 2019, but that apparently isn't stopping the company from planning an update for the Soul EV the following year. A spy photographer has captured images of an electric version of the redesigned 2020 Soul testing in Europe. Although the car is covered with heavy...
At the end of June, Tesla pushed hard to finish 5,000 Model 3s a week. It may have pushed too hard. New internal documents acquired and reported by Business Insider show that of the 5,031 cars produced in the last week of June, 4,300 had some problem that required rework. In auto industry terminology, the percentage of cars that pass company...
Fuel economy estimates posted to the EPA's website for the redesigned 2019 Chevrolet Cruze show some changes—plus a big surprise. The latest ratings reveal that the EPA has certified a gas-fueled Cruze with a continuously variable automatic transmission (CVT) that boosts city fuel economy estimates by 2 mpg compared with the 6-speed...
Volkswagen plans to fire six engineers and managers implicated in the diesel emissions scandal, German media reports noted Wednesday. The dismissals are because prosecutors have recently unsealed evidence of the employees' involvement in the wide-ranging Volkswagen scandal, according to a report by The Associated Press. German prosecutors have...
In its latest round of safety tests, the IIHS has awarded the 2019 Honda Insight hybrid its Top Safety Pick+ award. The Top Safety Pick+ is the Institute's highest award, given to cars that perform well in a wide battery of crashes, headlight evaluations, and automatic emergency braking tests. The 2019 Insight aced all of the insurance...
Ford announced a recall on Wednesday of the 120-volt charge cords supplied with nearly all of the plug-in hybrid and electric cars it built through 2015. The cars affected include the 2012 to 2015 Focus Electric, the 2013 to 2015 Ford C-Max Energi, and the 2013 to 2015 Ford Fusion Energi. Ford says that if the included charge cords are plugged...
Following news that the EPA dropped plans to keep boosting fuel-economy standards, it quietly dropped another bombshell: It's now fine to guzzle gas. Burn as much as you want. According to an AP report carried by the Detroit News, the Energy Department quietly released the news online in a memo in July in support of freezing fuel economy...
Watching Tesla—and Teslas—has become practically a spectator sport, especially for those who live near the factory. As production of the company's most popular car, the Model 3, has ramped up that sport has become easier—at least for people in the San Francisco Bay Area. It seems all that production has outstripped the company's...
Sometimes building electric cars may be about more than building electric cars. At an event in New York City last weekend, Workhorse, which is known for converting delivery vans to plug-in hybrid power, aimed a little higher. It revealed a hybrid helicopter, according to an Ars Technica report. The company says it has reinvented the helicopter...
After wiping out plans to continue boosting fuel economy standards earlier this month, the EPA on Tuesday proposed rolling back emissions standards on electric power plants. The new proposed rule, which the EPA calls the "Affordable Clean Energy" rule, would eliminate Obama-era standards that would have required power plants to reduce carbon...
The 2019 Hyundai Kona Electric boasts the greatest range of any electric car built by a full-range automaker: 258 miles, according to the EPA. That bests the Nissan Leaf's 151 miles and Chevrolet Bolt EV's 238 miles, and it nearly ties the Tesla Model S 75D's 259-mile range. The news was first reported by Inside EVs. The official range rating is...
There's no way to save more fuel than to do it in something that already uses a lot of it. That's what XL Hybrids aims to do by adding hybrid and even plug-in hybrid systems to Ford pickups. On Tuesday, the Massachusetts-based "upfitter" announced that it received certification to sell its F-250 Hybrid in California, which has stricter emissions...