Former Ford CEO suggests electric-car “reckoning” as US adoption lags

Ford CEO Mark Fields at CES 2015Many major automakers, including Ford Motor Company, have changed their tune on electric cars, and stepped up targets for EVs and electrified vehicles over the past several years. But not everyone is so rosy about rapid growth of the electric vehicle market—including, apparently, former Ford CEO Mark Fields. Appearing at the EcoMotion...

Beyond Tesla, electric cars lose value faster than other vehicles

2019 Fiat 500eLower maintenance and repair needs plus lower energy costs can make a very convincing case for electric car ownership. The same isn’t always true for those who own vehicles the old-fashioned way, going with what’s new and fresh every three years or so, before trading it in for the next. Then, electric vehicles have an issue that can...

Tesla pickup, in-wheel motors, extension-cord charging: Today’s Car News

2011 Chevrolet Volt home chargingTesla CEO Elon Musk teases a little more about its electric truck. Bicyclists could make the streets safer for car drivers, too. And you're pushing your luck with extension cords. All this and more on Green Car Reports. At Tesla’s annual shareholder meeting, CEO Elon Musk fielded a wide range of questions, touching on the company’s...

Chinese NEVS buys leading in-wheel electric motor manufacturer

Protean in-wheel electric motorNational Electric Vehicles Sweden announced last week that it has bought Protean, a British manufacturer of in-wheel motors for electric cars. In announcing the tie-up with NEVS, Protean said the acquisition will speed the rollout of its technologies in next generation electric and self-driving cars, and "paves the way for NEVS to deploy Protean...

Tesla meeting: The “cyberpunk truck,” vegan cars, and mining?

Tesla CEO Elon Musk introducing Model YAt Tesla’s annual meeting with shareholders Tuesday, Tesla CEO Elon Musk once again had to field a diverse range of questions about its business, as well as provide a reality check on some overly optimistic timelines he'd previously provided. In April, Musk announced that the company planned to enter the insurance business and save Tesla...

Toyota Mirai gets deepest discount yet—amid hydrogen shortage

2019 Toyota MiraiHydrogen fuel-cell vehicles aren’t exactly cheap to own or run—if you take them at face value. The two modest fuel-cell models you can currently purchase (versus lease) both carry luxury-vehicle prices: a base $59,430 for the 2019 Toyota Mirai and a base $59,345 for the eco-focused Hyundai Nexo Blue. Trade-in or resale value remains an...