Tesla delays Model X and stock jumps 5%

Tesla Motors on Wednesday announced that its Model X crossover utility vehicle would not be available until the second half of 2015. The model had previously been slated for a 2013 launch.

The Palo Alto, California-based company also reported a loss of $74.7 million in its third quarter. Tesla said it had a loss of $0.60 per share. Earnings, adjusted for stock option expense and non-recurring costs, were $0.02 per share.

The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was break even on a per-share basis. As a result, Tesla's stock price was up more than 5% in after-hours trading on Wednesday.

The electric car maker posted revenue of $851.8 million in the period, falling short of Street forecasts. Analysts expected $867.7 million, according to Zacks.

Tesla shares have risen 54% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $230.97, a rise of 31% in the last 12 months.

Model S Achieves Euro NCAP 5-Star Safety Rating [VIDEO]

The Tesla Model S has received a maximum-possible 5-star safety rating from the European New Car Assessment Programme (Euro NCAP).

Model S is one of just a few cars to have ever achieved a 5-star safety rating from both Euro NCAP and the U.S. National Highway Traffic Safety Administration (NHTSA). Additionally, Model S is the only car this year to have achieved both a 5-star Euro NCAP rating and 5 stars in every NHTSA subcategory, including frontal impact, side impact, and rollover. Only two other cars have earned the same recognition since 2011 (when NHTSA introduced its latest rating scheme).

The reason so few models achieve 5-star ratings in both Europe and the U.S. is that each program places emphasis on different safety aspects in the assessment process. NHTSA emphasizes structural and restraint safety, with a deep focus on how well the vehicle can withstand and absorb the energy of an impact while protecting its occupants. It is also primarily concerned with adult occupants. On the other hand, Euro NCAP assesses a wider range of scenarios, including tests for child and pedestrian safety. Unlike for NHTSA, active safety is also an important part of Euro NCAP’s 5-star requirement. Every year, the European organization raises the standard for a 5-star rating to account for technological advances in the industry.

The dual 5-star ratings for Model S validate our holistic approach to safety. We have been engineering passive and active safety systems in parallel, so the car is structurally sound and is also designed to intelligently anticipate and react to potentially dangerous situations.

Structurally, Model S has advantages not seen in conventional cars. It has a low center of gravity because its battery pack, the largest mass in the car, is positioned underneath the passenger compartment, making rollover extremely unlikely. It also has a large front crumple zone because of the lack of an engine, meaning it can absorb more energy from a frontal impact, the most common type of crash resulting in fatalities. Its body is reinforced with aluminum extrusions at strategic locations around the car, and the roof can withstand at least 4 g’s. It was for these reasons that Model S achieved 5 stars in every subcategory when tested by NHTSA in 2013.

This quarter, we started implementing the Model S active safety system in conjunction with the introduction of new Autopilot hardware, consisting of 12 ultrasonic sensors that sense up to 16 feet around the car, a forward-looking camera, a forward radar, and a digitally controlled, high-precision electric brake boost. We specifically selected this hardware to accommodate the progressive introduction of new safety features via software updates over the course of the next several months.

While the features already pushed to the Model S fleet – Lane Departure Warning and Speed Limit Warning – have proven sufficient to merit a 5-star NCAP rating, we will go much further with active safety systems. Features coming soon include Forward and Side Collision Warning and Avoidance, Blind Spot Warning, and Automatic Emergency Braking.

The video shows the Frontal Impact test which takes place at 64 Km/h, 40% of the width of the car striking a deformable barrier. In the side impact, a mobile deformable barrier impacts the driver's door at 50 km/h. In the pole test, the car tested is propelled sideways at 29km/h into a rigid pole.

Electric RaceAbout annual Nordschleife testing [VIDEO]

Electric RaceAbout ran the annual tests on the legendary Nordschleife track in Nürburg Germany in the end of October. E-RA went around the 20,6 km long, so called Sport Auto lap, in 8:01,41 beating its own best time.

Last years visit in Nordschleife gave a lot of inspiration and ideas to E-RA team, how to continue improving the performance and reducing the weaknesses of the car. During the past year, the whole vehicle has been developed, but the most remarkable things were the active rear wing control, suspension and ABS brake system. The Torque Vectoring control system of the motors has also been improved since last year.

This time E-RA was driven by Jesse Krohn, a young Finnish VLN- series professional driver and his comments concerning the performance and strengths of E-RA are similar with our teams earlier test drivers. “The drive ability of the vehicle was good regarding its weight and the acceleration from 100 to 200 km/h was very convincing”, says Jesse, who drove the vehicle for the first time.

The testing period in the end of October lead to the second fastest lap around the Nordschleife track in the street legal electric vehicle group. The unpredictable Eifel mountain range climate did not help the testing and E-RA was on the track only three times in four days.

“The low amount of laps did not help me get accustomed to the vehicle”, says Jesse and continues: “Also, we had to start every lap with cold tires and brakes”.

During the fastest lap, the battery of the vehicle heated up more than the team anticipated and the battery output power had to be limited from halfway of the track to the end. Additional laps would have helped to optimize the vehicle setup - there is still potential for a faster lap-time.

The best time of the EV's on Nordschleife still remains with Mercedes-Benz AMG SLS Electric Drive 7:56,2.

Swiss electric car sets acceleration World Record

An electric racing car developed by students at ETH Zurich and the Lucerne University of Applied Sciences and Arts on Monday set a world record for acceleration, the universities announced.

The “grimsel” car sped from zero to 100 kilometres an hour in just 1.785 seconds, at a military airport in Dübendorf in the canton of Zurich, smashing the the previous record.

The previous record of 2.13 seconds was set by Delft University of Technology in the Netherlands.

Operated by a student team from the Academic Motorsports Club Zurich (AMZ), The grimsel car, reached a speed of 100 km/h in less than 30 metres, ETH Zurich, the Swiss Federal Institute of Technology, said in a news release.

Thirty students from the two swiss universities developed and built the racing car in less than a year.

Weighing just 168 kilograms, the carbon-fibre vehicle generates 200 horsepower through four-wheel drive, ETH said.

Four specially designed wheel hub motors create a total torque of 1,630 Newton metres (Nm), with torque distribution controlled individually for each wheel to maximize acceleration, the university said.

AMZ was founded in 2006 ivy ETH students and produces a prototype racing car to compete in various student formula competitions in Europe every year.

The grimsel car will be presented to the public at “Student Power Day” on November 9th at the ETH Hönggerberg campus, with test rides planned between noon and 2pm.

Nissan LEAF Sets Annual U.S. Electric Vehicle Sales Record – Again

With more than two months remaining, Nissan LEAF has shattered the record for the most U.S. electric vehicle sales in a single calendar year, surpassing the previous record of 22,610 that it set in 2013.

“With nearly 20 electric cars or plug-in hybrid models on the road today, Nissan LEAF remains at the head of the class, outselling the nearest competitor by 50 percent through September,” said Brendan Jones, director, Nissan electric vehicle Sales and Infrastructure. “Since the initial launch in 2010 our primary goal is to bring electric vehicles to the mass market in a practical and fun-to-drive package, and we continue to deliver electric cars to more new buyers than anyone else.”

LEAF sales in 2014 through September are up more than 36 percent compared to the same period last year. With more than 142,000 LEAF sales globally since launch and more than 64,000 of those in the U.S., Nissan is the global leader in electric vehicles. (Nissan will announce October U.S. sales on Monday, Nov. 3.)

“Nissan LEAF owners are eager to share their enthusiasm with neighbours, friends and family, and that passion makes them some of our best salespeople,” said Jones. “We’ve seen a ‘cul-de-sac’ effect where the first LEAF owner in the neighbourhood becomes the community champion for electric cars, educating neighbours on the benefits of going electric, even sometimes handing the keys over for a test drive.”

With seating for up to five passengers, the all-electric Nissan LEAF boasts an EPA-estimated driving range of 84 miles on a fully-charged battery and MPGe ratings of 126 city, 101 highway and 114 combined.

The starting price of a Nissan LEAF is about $22,000 after the available maximum $7,500 federal tax credit, and LEAF offers the benefits of lower running costs and less scheduled maintenance. LEAF offers a wide range of standard equipment plus a variety of available premium features such as leather seats, 17-inch alloy wheels and 7-speaker BOSE® energy efficient audio system.

Volkswagen to launch over 20 electric vehicles in China by 2018

Volkswagen AG said on Tuesday it would launch more than 20 models of battery-driven cars in China over the next few years.

"In the near future, Volkswagen will be offering Chinese drivers over 20 NEVs, from small cars to large-sized SUVs, from plug-in hybrids to pure electric cars," Jochem Heizmann, head of Volkswagen Group China, said.

Heizmann was speaking to reporters in Shanghai, where the German carmaker is launching a week-long campaign to promote e-mobility in China's financial hub.

Volkswagen lags global rivals including BMW, Tesla Motors and Nissan in selling pure electric cars in China.

Volkswagen has previously said it plans to introduce into China more than 15 electric or plug-in hybrid cars for Volkswagen and other brands it owns by 2018, many of which will be locally produced.

China, suffering from worsening pollution, has stepped up efforts to promote use of electric cars, having rolled out incentive policies and tougher fuel-efficiency and emission rules. Beijing has set an aggressive target of putting 5 million green vehicles on Chinese roads by 2020.

Electric-car drivers going solar powered

Owners of electric vehicles have already gone petrol-free. Now, a growing number are powering their cars with sunlight.

Solar panels installed on the roof of a home or garage can easily generate enough electricity to power an electric or plug-in gas-electric hybrid vehicle. The panels aren't cheap, and neither are the cars. A Ford Fusion Energi plug-in sedan, for example, is $7,200 more than an equivalent gas-powered Fusion even after a $4,007 federal tax credit.

But advocates say the investment pays off over time and is worth it for the thrill of fossil fuel-free driving.

"We think it was one of the best things in the world to do," says Kevin Tofel, who bought a Chevrolet Volt in 2012 to soak up the excess power from his home solar-energy system. "We will never go back to an all-gas car."

No one knows exactly how many electric cars are being powered by solar energy, but the number of electric and plug-in hybrid cars in the U.S. is growing. Last year, 97,563 were sold in the U.S., according to Ward's AutoInfoBank, up 83 percent from the year before. Meanwhile, solar installations grew 21 percent in the second quarter of this year, and more than 500,000 homes and businesses now have them, according to the Solar Energy Industries Association.

Tofel, 45, a senior writer for the technology website Gigaom, installed 41 solar panels on the roof of his Telford, Pennsylvania, home in 2011. The solar array — the term for a group of panels — cost $51,865, but after state and federal tax credits, the total cost was $29,205.

In the first year, Tofel found that the panels provided 13.8 megawatt hours of electricity, but his family was using only 7.59 megawatt hours. So in 2012, Tofel traded in an Acura RDX for a Volt plug-in hybrid that could be charged using some of that excess solar energy. In a typical year, with 15,243 miles of driving, the Volt used 5.074 megawatt hours.

Tofel used to spend $250 per month on gas for the Acura; now, he spends just $50, for the times when the Volt isn't near a charging station and he has to fill its backup gas engine. Charging the Volt overnight costs him $1.50, but the family makes that money back during the day when it sends solar power to the electric grid. He estimates that adding the car will cut his break-even point on the solar investment from 11.7 years to six years.

Powering a car with solar energy isn't for everyone. Among things to consider:

SITE

A south- or southeast-facing roof is a necessity, and there can't be shady trees around the house. Sam Avery, who installs solar panels in Kentucky through his company, Avery and Sun, says dormers, chimneys and other design features can hamper an installation.

"If people do have a good site, it's usually by chance," he says. "I have to retrofit a lot."

COST

The cost of installing solar panels has come down, from $8 to $10 per watt eight years ago to $3 a watt or less now. But it's still a huge investment.

Bill Webster, 39, a graphic designer at a nonprofit in Washington, D.C., paid $36,740 for his solar array in Frederick, Maryland, three years ago, or around $3.60 per watt. Tax credits reduced his net cost to around $20,000.

Before the installation, his family was paying $1,500 per year for electricity. Now, he pays $5.36 per month, the administrative fee for connecting to the grid. That fuels his home and his all-electric Nissan Leaf, which uses around a third of the energy that his solar panels generate. Webster thinks he'll break even on his investment in six years.

Some solar companies offer leasing programs, which let customers pay a fixed monthly cost for panels. There are also some incentive programs; Honda Motor Co. offers $400 toward the installation of panels through SolarCity, a company that installs them in 15 states.

Buyers also could consider a smaller system just to power a car. A Leaf needs around 4.5 megawatt hours of electricity per year to go 15,000 miles. Eighteen 250-watt panels — a $13,500 investment at $3 per watt — would produce that much electricity.

THE CAR

For Webster, who has a predictable roundtrip commute of less than 50 miles and lives near a lot of electric charging stations, an all-electric car like the Leaf makes sense. But for Avery, who lives in rural Kentucky, the Volt was the better choice because he needs the security of a backup gas engine.

The U.S. Environmental Protection Agency's fuel-economy website — www.fueleconomy.gov — lists the number of kilowatt hours that a car uses to travel 100 miles, which can help potential buyers calculate their energy needs.

In short, people considering powering a car with solar energy have some math to do. Or maybe they don't. For Avery, the environmental benefit outweighs everything.

"The reason to go solar is not to save money," he says. "The real reason to go solar is that we have to do it."

Electric-car drivers going solar powered

Owners of electric vehicles have already gone petrol-free. Now, a growing number are powering their cars with sunlight.

Solar panels installed on the roof of a home or garage can easily generate enough electricity to power an electric or plug-in gas-electric hybrid vehicle. The panels aren't cheap, and neither are the cars. A Ford Fusion Energi plug-in sedan, for example, is $7,200 more than an equivalent gas-powered Fusion even after a $4,007 federal tax credit.

But advocates say the investment pays off over time and is worth it for the thrill of fossil fuel-free driving.

"We think it was one of the best things in the world to do," says Kevin Tofel, who bought a Chevrolet Volt in 2012 to soak up the excess power from his home solar-energy system. "We will never go back to an all-gas car."

No one knows exactly how many electric cars are being powered by solar energy, but the number of electric and plug-in hybrid cars in the U.S. is growing. Last year, 97,563 were sold in the U.S., according to Ward's AutoInfoBank, up 83 percent from the year before. Meanwhile, solar installations grew 21 percent in the second quarter of this year, and more than 500,000 homes and businesses now have them, according to the Solar Energy Industries Association.

Tofel, 45, a senior writer for the technology website Gigaom, installed 41 solar panels on the roof of his Telford, Pennsylvania, home in 2011. The solar array — the term for a group of panels — cost $51,865, but after state and federal tax credits, the total cost was $29,205.

In the first year, Tofel found that the panels provided 13.8 megawatt hours of electricity, but his family was using only 7.59 megawatt hours. So in 2012, Tofel traded in an Acura RDX for a Volt plug-in hybrid that could be charged using some of that excess solar energy. In a typical year, with 15,243 miles of driving, the Volt used 5.074 megawatt hours.

Tofel used to spend $250 per month on gas for the Acura; now, he spends just $50, for the times when the Volt isn't near a charging station and he has to fill its backup gas engine. Charging the Volt overnight costs him $1.50, but the family makes that money back during the day when it sends solar power to the electric grid. He estimates that adding the car will cut his break-even point on the solar investment from 11.7 years to six years.

Powering a car with solar energy isn't for everyone. Among things to consider:

SITE

A south- or southeast-facing roof is a necessity, and there can't be shady trees around the house. Sam Avery, who installs solar panels in Kentucky through his company, Avery and Sun, says dormers, chimneys and other design features can hamper an installation.

"If people do have a good site, it's usually by chance," he says. "I have to retrofit a lot."

COST

The cost of installing solar panels has come down, from $8 to $10 per watt eight years ago to $3 a watt or less now. But it's still a huge investment.

Bill Webster, 39, a graphic designer at a nonprofit in Washington, D.C., paid $36,740 for his solar array in Frederick, Maryland, three years ago, or around $3.60 per watt. Tax credits reduced his net cost to around $20,000.

Before the installation, his family was paying $1,500 per year for electricity. Now, he pays $5.36 per month, the administrative fee for connecting to the grid. That fuels his home and his all-electric Nissan Leaf, which uses around a third of the energy that his solar panels generate. Webster thinks he'll break even on his investment in six years.

Some solar companies offer leasing programs, which let customers pay a fixed monthly cost for panels. There are also some incentive programs; Honda Motor Co. offers $400 toward the installation of panels through SolarCity, a company that installs them in 15 states.

Buyers also could consider a smaller system just to power a car. A Leaf needs around 4.5 megawatt hours of electricity per year to go 15,000 miles. Eighteen 250-watt panels — a $13,500 investment at $3 per watt — would produce that much electricity.

THE CAR

For Webster, who has a predictable roundtrip commute of less than 50 miles and lives near a lot of electric charging stations, an all-electric car like the Leaf makes sense. But for Avery, who lives in rural Kentucky, the Volt was the better choice because he needs the security of a backup gas engine.

The U.S. Environmental Protection Agency's fuel-economy website — www.fueleconomy.gov — lists the number of kilowatt hours that a car uses to travel 100 miles, which can help potential buyers calculate their energy needs.

In short, people considering powering a car with solar energy have some math to do. Or maybe they don't. For Avery, the environmental benefit outweighs everything.

"The reason to go solar is not to save money," he says. "The real reason to go solar is that we have to do it."

Electric-car drivers going solar powered

Owners of electric vehicles have already gone petrol-free. Now, a growing number are powering their cars with sunlight.

Solar panels installed on the roof of a home or garage can easily generate enough electricity to power an electric or plug-in gas-electric hybrid vehicle. The panels aren't cheap, and neither are the cars. A Ford Fusion Energi plug-in sedan, for example, is $7,200 more than an equivalent gas-powered Fusion even after a $4,007 federal tax credit.

But advocates say the investment pays off over time and is worth it for the thrill of fossil fuel-free driving.

"We think it was one of the best things in the world to do," says Kevin Tofel, who bought a Chevrolet Volt in 2012 to soak up the excess power from his home solar-energy system. "We will never go back to an all-gas car."

No one knows exactly how many electric cars are being powered by solar energy, but the number of electric and plug-in hybrid cars in the U.S. is growing. Last year, 97,563 were sold in the U.S., according to Ward's AutoInfoBank, up 83 percent from the year before. Meanwhile, solar installations grew 21 percent in the second quarter of this year, and more than 500,000 homes and businesses now have them, according to the Solar Energy Industries Association.

Tofel, 45, a senior writer for the technology website Gigaom, installed 41 solar panels on the roof of his Telford, Pennsylvania, home in 2011. The solar array — the term for a group of panels — cost $51,865, but after state and federal tax credits, the total cost was $29,205.

In the first year, Tofel found that the panels provided 13.8 megawatt hours of electricity, but his family was using only 7.59 megawatt hours. So in 2012, Tofel traded in an Acura RDX for a Volt plug-in hybrid that could be charged using some of that excess solar energy. In a typical year, with 15,243 miles of driving, the Volt used 5.074 megawatt hours.

Tofel used to spend $250 per month on gas for the Acura; now, he spends just $50, for the times when the Volt isn't near a charging station and he has to fill its backup gas engine. Charging the Volt overnight costs him $1.50, but the family makes that money back during the day when it sends solar power to the electric grid. He estimates that adding the car will cut his break-even point on the solar investment from 11.7 years to six years.

Powering a car with solar energy isn't for everyone. Among things to consider:

SITE

A south- or southeast-facing roof is a necessity, and there can't be shady trees around the house. Sam Avery, who installs solar panels in Kentucky through his company, Avery and Sun, says dormers, chimneys and other design features can hamper an installation.

"If people do have a good site, it's usually by chance," he says. "I have to retrofit a lot."

COST

The cost of installing solar panels has come down, from $8 to $10 per watt eight years ago to $3 a watt or less now. But it's still a huge investment.

Bill Webster, 39, a graphic designer at a nonprofit in Washington, D.C., paid $36,740 for his solar array in Frederick, Maryland, three years ago, or around $3.60 per watt. Tax credits reduced his net cost to around $20,000.

Before the installation, his family was paying $1,500 per year for electricity. Now, he pays $5.36 per month, the administrative fee for connecting to the grid. That fuels his home and his all-electric Nissan Leaf, which uses around a third of the energy that his solar panels generate. Webster thinks he'll break even on his investment in six years.

Some solar companies offer leasing programs, which let customers pay a fixed monthly cost for panels. There are also some incentive programs; Honda Motor Co. offers $400 toward the installation of panels through SolarCity, a company that installs them in 15 states.

Buyers also could consider a smaller system just to power a car. A Leaf needs around 4.5 megawatt hours of electricity per year to go 15,000 miles. Eighteen 250-watt panels — a $13,500 investment at $3 per watt — would produce that much electricity.

THE CAR

For Webster, who has a predictable roundtrip commute of less than 50 miles and lives near a lot of electric charging stations, an all-electric car like the Leaf makes sense. But for Avery, who lives in rural Kentucky, the Volt was the better choice because he needs the security of a backup gas engine.

The U.S. Environmental Protection Agency's fuel-economy website — www.fueleconomy.gov — lists the number of kilowatt hours that a car uses to travel 100 miles, which can help potential buyers calculate their energy needs.

In short, people considering powering a car with solar energy have some math to do. Or maybe they don't. For Avery, the environmental benefit outweighs everything.

"The reason to go solar is not to save money," he says. "The real reason to go solar is that we have to do it."