A Harvard professor says Tesla will have far less an impact on automotive industry than neighborhood-electric vehicles.
Remember the Kenguru electric car, the little city EV that was designed with wheelchair users in mind? It was supposed to be available by now, since deliveries were reportedly "imminent" in the middle of 2012. Unfortunately, things haven't worked out quite as they were supposed to, which means that the cars have not started being hand-assembled by Community Cars in Pflugerville, TX.
Every now and then, a new electric vehicle pops up unexpectedly on our radar, fully realized and just about ready for sale. They're usually low-speed electrics, and that's exactly the case with the line-up of EVs from Alvarez Electric Motors Company that was unveiled in Vegas last week at the National Association of Minority Auto Dealers.
Despite all odds, Saab will soldier on. The Detroit News reports National Electric Vehicle Sweden AB has agreed to purchase a majority of the bankrupt automaker. The consortium is owned by Hong Kong-based National Modern Energy Holdings Ltd. and the Japanese investment group Sun Investment LLC, and that the two created NEVS just to purchase Saab. The group is currently led by a former Volvo Trucks executive. The purchase takes over the $1.9 billion in Saab debt. Both the bankruptcy administrator
What the world apparently needs now, according to the former chairman of the Democratic National Committee, Terry McAuliffe, is a U.S.-made, low-speed electric vehicle. Yes, in the age of the Nissan Leaf and the Mitsubishi i, Greentech Automotive began building the MyCar in Horn Lake, MS on November 11th. McAuliffe says that his car has one big advantage: "We have some great electric cars out there, but they are expensive. I want the masses to be able to buy our car." Of course, even though the
Greentech Automotive was founded in 2006 by former Democratic National Committee chairman Terry McAuliffe, but you could be forgiven if you forgot about the company over the last five years. McAuliffe, who managed the unsuccessful presidential campaign of Hillary Rodham Clinton in 2008 and lost a bid for the governorship of Virginia in 2009, seemed to have put his transportation efforts on the back burner. In the meantime, Greentech – which was planned in partnership with the former CEO of
The total number of neighborhood electric vehicles (NEVs) on roads throughout the world will increase slowly but steadily from 479,000 in 2011 to 695,000 by 2017, according to a study conducted by Pike Research. During that time period, annual NEV sales will shoot up from 37,000 vehicles to nearly 55,000, with North America accounting for a whopping 45 percent of annual sales. Pike notes that:
Businesses that have tried to capitalize on a perceived demand for zero emissions cars in the last few years are finding their lot in life to be just as difficult, if not more so, than as those selling traditional vehicles. In 2007 and 2008, as gas prices steadily climbed north of $4 a gallon, numerous entrepreneurs decided to try their hands at selling electric vehicles (EVs), including Marc Korchin who opened Green Motors in Berkeley, California.