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Tesla planning car to take on Nissan LEAF – and maybe sell out to Apple
Tue, 28 May 2013Elon Musk is buoyed by the success of the Tesla S and the seemingly inexorable rise in Tesla’s stock which has allowed Tesla to repay its government loans way ahead of schedule. Now Musk has been getting adventurous in an interview with Bloomberg where he’s stated that the next plan for Tesla is to build a smaller, more affordable electric car that can take on the Nissan LEAF. Musk plans to stay in control of Tesla until plans for a news small EV are complete, and said: With the Model S, you have a compelling car that’s too expensive for most people.
Chevrolet touts Corvette 427 convertible with race driver Tommy Milner
Wed, 15 Feb 2012The 2013 Chevrolet Corvette 427 convertible doesn't need any hype--the 505-hp V8, a 0-to-60-mph time of 3.8 seconds and a top speed in excess of 190 mph make a strong statement. Nonetheless, Chevrolet has enlisted the help of Corvette Racing driver Tommy Milner in a trio of 90-second videos to tout the 427 convertible. In our favorite, Milner talks about the car's aerodynamics, including the optional carbon-fiber splitter, that help keep the car glued to the ground for better control.
General Motors partners with battery supplier LG on electric vehicles
Thu, 25 Aug 2011General Motors said Thursday that it is partnering with its battery cell supplier, LG Group, to develop electric vehicles. The agreement, signed Wednesday by GM CEO Dan Akerson and LG President Juno Cho, will “help GM expand the number and types of electric vehicles it makes and sells,” the automaker said in a statement. It's the second example this week of automakers looking for partners to help in developing more fuel-efficient cars, as U.S.