California may make it harder for Tesla, another automakers to earn zero-emissions credits.
Katie Fehrenbacher from GigaOm drove down to the Tesla's first battery-swap station in Coalinga, California to snap some photos and check on its progress. The station will be the first to begin a pilot program to conduct the three-minute pack swaps, and could restore Tesla's revenue stream of selling ZEV credits.
When it comes to California zero-emissions vehicle (ZEV) credits last year, Nissan was selling and Mercedes-Benz was buying. The California Air Resources Board (CARB) put out its ZEV-credits numbers for the year that ended September 30, which is why we now know that Nissan, maker of the battery-electric Leaf, transferred 663.6 ZEV credits out of its account last year. That just edged out the 650.195 credits that Tesla sold. Chrysler's Fiat affiliate was a distant third, but its limited-productio
Will October 23 be a day of reckoning for some US automakers? Could be, since that's when the California Air Resources Board (CARB) is meeting up and may tweak its mandates for zero-emissions vehicle (ZEV) compliance for some of the world's largest carmakers. Green Car Reports says the news may be good.
With the first Hyundai Tucson Fuel Cell Vehicle deliveries happening soon (a bit later than expected), it's time for the Korean automaker to explain why it's offering the H2 CUV here in the states. After all, there are only 10 public hydrogen stations in the US today, according to the DOE, so it can't be to take over the market. According to a Hyundai exec, the reason we are getting the Tucson Fuel Cell is to make up to $130,000 through California's ZEV credit system.
Spinal Tap waxed poetic about the value of turning things up to 11. So it's a good thing that that's the number of steps a coterie of eight states (led by California) will take to reach a goal of having 3.3 million zero-emission vehicles (ZEV) on their roads by 2025. Now let's rock.
Could the California Air Resources Board (CARB) be taking a $55-million bite out of Tesla Motors' profits? The state regulator, which grants zero-emission vehicle (ZEV) credits for automakers making plug-in vehicles, is planning to reduce the number of credits generated by each Model S battery-electric sedan from seven to four, Bloomberg News reports. That means the California-based automaker will have fewer credits to sell to big buyers such as General Motors and Chrysler, who don't make enough
Last week, eight governors "joined hands" in support of zero emissions vehicles (ZEVs) in California's state capital. That's a good start, but there are seven governors of states that have worked with California on tough emissions rules in the past who were missing. It appeared the split was mostly along party lines.
Nissan, like Tesla, is finding that it's a seller's market when it comes to zero-emission vehicle (ZEV) credits in the most populous US state. The Japanese automaker has joined the California-based manufacturer of the Model S in selling ZEV credits to automakers who aren't making enough plug-ins to keep up with California targets but don't want to be fined, Bloomberg News reports. Nissan executive Andy Palmer confirmed that the company had credits leftover because it sells a sufficient number of
Finally, we know the number. Tesla Motors announced today that it sold 5,150 Model S electric vehicles in North America last quarter. Divide by three and you see that the California company sold around 1,700 cars a month, which puts it right up there with the current plug-in vehicle champions, the Nissan Leaf and the Chevy Volt. That's despite the fact that the cheapest Model S, which starts at $69,900 but often sells for a lot more with better options, costs at least twice as much as the sales
Tomorrow, we will get a fresh glimpse into the financial situation over at Tesla Motors. That's when the California automaker, always ready to go its own way and not release monthly sale figures, will discuss its second-quarter SEC filing. From what we've been told, it won't be as rosy at three months ago. In early May, when Tesla announced Q1 results and said it had made its first-ever quarterly profit, it warned that the second quarter results would not be as good. Specifically, the company sa
California's stringent automotive emissions mandates, which require that all automakers include some form of Zero-Emissions Vehicle (ZEV) in the lineup, may be forcing the hand of Hyundai, suggests The Detroit Bureau after a recent tweet from John Krafcik, HMA Chief Executive. Up until now, the Korean automaker has been attempting to meet future regulations with fuel-cell vehicles like the modified ix35/Tuscon models (the technology uses hydrogen to generate electricity), but consumers have been
Mary Nichols, chairman of California Air Resources Board, recently took a jab at automaker trade groups for urging the US Environmental Protection Agency to block California's zero emission vehicle (ZEV) mandates. They're undermining the progress they've been making in creating the market for electric cars and other ZEVs, she said.
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