In its ongoing effort to reach profitability by the end of this year, Tesla has asked several of its suppliers to lower prices retroactively on components of the Model 3, including some contracts that date back to 2016. In a memo sent to the suppliers last week and reviewed by The Wall Street Journal (subscription required), the company reportedly...
Electric cars and racing can make strange bedfellows. The purpose of electric cars is to save energy. Racing, whether it uses gasoline or electrons, is a spectacle of speed—conservation takes a backseat. DON'T MISS: Volkswagen's ID R Pikes Peak race car shows why you should care about electric car racing As electric cars have gained a...
The automaker wants to reopen pricing agreements with some suppliers for work already underway. It called the practice routine, but its shares fell.
If you’re more than a little confused by California’s rules allowing clean cars into the much-prized diamond lanes, join the club. The state DMV and the California Air Resources Board haven’t done a great job of clarifying matters, either, though they’re getting better. Things will come to a head in the new year with a new...
The Tesla Model S is named car of the decade. The price dropped on the 2018 Hyundai Sonata Plug-In. We ask what readers wish their electric car could do. And what changes are coming for California's carpool lane stickers? All of this and more on Green Car Reports. Classic-car insurer Hagerty recognized the Tesla Model S as the car of the decade...
The 2018 Hyundai Sonata Plug-in Hybrid may cost car shoppers less, the company announced last week. The price drop on base models will save buyers $1,350 on 2018 models, which should help the car attract more customers. It comes in the same two trim levels as before. Base models will start at $33,350, including destination. The Sonata Plug-in...
Electric cars prove their capability every day. So far, however, not every class of car includes an electric option, and there are still some things that most electric cars can't do. Only the Tesla Model X, for example, can carry more than five passengers or tow a trailer. No electric pickups have hit the market. As trailer owners and electric car...
Tesla is known as the car of the future. Now the collector-car community that venerates cars of the past has also taken notice. Collector-car insurer Hagerty Insurance named the Tesla Model S the greatest car of the 2010s. DON'T MISS: South's good ol' boy drag racers whupped by Tesla, not happy about it That may have been obvious for some Green...
Which country demanded repayment of electric car incentives from owners? What car may turn a bigger profit than expected? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending June 20, 2018. Friday, we covered a report saying that a long-anticipated EPA plan to roll back emissions and...
Just a few months ago, we heard that Volkswagen was not planning to develop a successor to the current Beetle but a recent filing shows that it might have one last hurrah for 2019. A June filing by supplier Magneti Marelli shows an instrument cluster that appears almost identical to the current Beetle cluster, but with an all new tachometer window...
The rollback of federal emissions and fuel economy standards that President Donald Trump promised during his campaign could be released as early as next week, according to a new Bloomberg report. A person familiar with the matter told Bloomberg that the administration will roll out proposals from the EPA and NHTSA, which jointly govern...
Electric-car sales stall in Europe. Volkswagen's charging network expands to Canada. And Luxembourg adds Tesla Model S police cars to its fleet. All of this and more on Green Car Reports. A new report shows electric-car sales in Europe haven't grown as quickly as they did in 2017 and growth tumbled 33 percent in the first half of 2018. VW's...
Speeders beware! If you're traveling in Luxembourg, those blue lights in your mirror could be on top of an electric Tesla Model S. The Luxembourg police bought the two Teslas last September, but has had trouble getting them approved by the Grand Duchy's transportation department due in part to problems with the blue police lights. Now the Model...
Mirroring its Electrify America network of public fast chargers for electric cars in the U.S., Volkswagen announced Thursday that it will set up a similar network in Canada—called Electrify Canada, logically enough. Electrify Canada plans to set up 32 DC fast-charging stations in major Canadian cities and along highways across the country...
Electric-car sales aren't growing as fast in Europe as they did last year. So concludes the latest report from business consultancy EY, according to a report published by Bloomberg. EY reports that sales growth dropped to 33 percent over the first six months of 2018, versus 54 percent in the first six months of last year. DON'T MISS: Electric-car...
A new cost breakdown shows Tesla Model 3 profits. Nissan debuts the Leaf Nismo for Japan. EVgo begins using used BMW i3 batteries for its electric-car charging stations. And some German Tesla Model S owners have been ordered to return an electric-car subsidy. All of this and more on Green Car Reports. The Model 3 is pulling in bigger profits, per...
It's one thing not to qualify for a product rebate, bonus, or credit. It's another to qualify, then have to pay it back. That's what Germany said Wednesday, alleging that 1,050 Tesla buyers weren't eligible for an incentive aimed at spurring electric car sales. The 1,050 people who bought or ordered a Tesla Model S and received the Federal Office...
Charging network EVgo has installed second-life batteries from two BMW i3s to its charging station in Union City, California, the company announced last week. The two batteries each store 22 kwh of electricity to help balance the load on the power grid when electric cars are charging at peak times, according to a report in Charged EVs. EVgo says...
Mainstream automakers that have been building electric cars are getting the message that they're on the wrong road. As Nissan, Ford, Volkswagen, Mercedes-Benz and others have churned out low-range, and sometimes uninspiring electric hatchbacks, they've seen the success Tesla has had in building desirable, sleek, high-performance—even...
Tesla isn't the only one with a lot riding on the financial success of the Model 3. CEO Elon Musk has called ramping up production of the Model 3 a "bet the company" decision, and said that if the company couldn't build 5,000 of the cars a week, Tesla would "die." Thousands of individual and institutional shareholders stand to make a fortune or...
