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Elio three-wheel prototype revealed
Wed, 08 May 2013Elio Motors unveiled a prototype of its two-passenger, three-wheeled vehicle Wednesday, confirming the all-new vehicle will have a $6,800 base price when it goes on sale in June 2014. Paul Elio, company founder and CEO, said the vehicle is targeted at first-time or cash-strapped buyers, as well as for families who already have a family car and are seeking something inexpensive for daily commuting. Its sub $7,000-base price makes it almost half the price of the cheapest car in the U.S.
Musk improves Tesla Model S and battery service
Fri, 26 Apr 2013Tesla is making changes to the Model S sedan's battery warranty and service contract. Company CEO Elon Musk detailed the changes to reporters on Friday via a conference call and Web press conference. First, the company is building a fleet of top-of-the-line Model S loaners for their customers.
Toyota starts 'rubbish revolution'
Wed, 02 Apr 2014TOYOTA has been talking garbage, with ambitious plans to turn waste gases from a landfill site into electricity for building low-emissions cars. The firm’s factory in the American town of Georgetown, Kentucky, will use the new method of harvesting power to both lower its own fuel bills and reduce the amount of harmful gases escaping into the atmosphere. With the system expected to be up and running within 12 months, Toyota has revealed how it is expected to work.