Mitsubishi Taking Two MiEV Evolution II Race Cars to Pikes Peak

Mitsubishi Taking Two MiEV Evolution II Race Cars to Pikes Peak
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Mitsubishi has announced that it’ll be competing in this year’s Pikes Peak International Hill Climb with a pair of MiEV Evolution II all-electric prototypes. Continue Reading...

Toyota Targets New Electric Car Pikes Peak Record With Improved EV Racer

Toyota Targets New Electric Car Pikes Peak Record With Improved EV Racer
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Toyota will be at the 2013 Pikes Peak International Hill Climb to defend its electric title, bringing an improved version of its TMG EV P002 that did last year’s record-breaking run of 10 minutes, 15.380 seconds. Continue Reading...

Tesla CEO Musk Admits Fault for Creative Finance Calculator

Tesla CEO Musk Admits Fault for Creative Finance Calculator
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Tesla CEO Elon Musk has admitted that the automaker’s online finance calculator was misleading and has confirmed it will be fixed to not include non-financial factors in the online monthly payment. Continue Reading...

Tesla Model S Resale Value to be Industry’s Best, Says CEO Musk

Tesla Model S Resale Value to be Industry’s Best, Says CEO Musk
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Last month, Tesla made a splash by offering a resale value guarantee on the Model S, stating it would be higher than that of a Mercedes-Benz S-Class. However, Tesla is upping the ante by offering the best resale value of almost any luxury auto maker. Continue Reading...

Next-Gen Chevy Volt to Cost $10,000 Less

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Next-Gen Chevy Volt to Cost $10,000 Less
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There’s a problem with the Chevy Volt says General Motors CEO Dan Akerson; the American automaker is losing money on every one of them. That, however, will change with the second-generation model, he says, as will the price which could drop by as much as $10,000. Continue Reading...

Detroit Electric, Geely Partner to Develop EVs for China

Detroit Electric, Geely Partner to Develop EVs for China
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Chinese company Geely Automobile Group has teamed up with reborn Detroit Electric Inc. to form a strategic partnership where both parties will co-develop pure electric vehicles for the Chinese market. Continue Reading...