Connect to share and comment

Tesla expects big investment on charging stations in China

By Maxim Duncan BEIJING (Reuters) - U.S. electric carmaker Tesla Motors Inc <TSLA.O> expects to invest "hundreds of millions of dollars" building charging outlets in China, which could become its biggest global market next year, billionaire co-founder Elon Musk said. Palo Alto, California-based Tesla plans to compete with rivals such as BMW <BMWG.DE> and Daimler AG's <DAIGn.DE> Mercedes-Benz for a share of China's emerging green vehicle market, which the government wants to develop fast.

Tesla delivers first 8 cars to buyers in China, plans to build charging, support network

BEIJING, China - Tesla Motors Inc. delivered its first eight electric sedans to customers in China on Tuesday and CEO Elon Musk said the company will build a nationwide network of charging stations and service centres as fast as it can. Tesla probably will invest several hundred million dollars in charging infrastructure in China, Musk told reporters. He said it will open several hundred service centres. "My instructions to the team are to spend money as fast as they can spend it without wasting it," he said.

S. Korea adds another system to its EV charging standard

SEOUL, April 10 (Yonhap) -- South Korea has decided to incorporate an electric vehicle (EV) charging standard used by U.S. and European car manufacturers after an industry study showed that it is compatible with the country's smart grid, a local auto company said Thursday.

Proposed cobalt plant in Saskatchewan passes environmental study

LANGHAM, Sask. - A cobalt plant proposed by Fortune Minerals near Langham northwest of Saskatoon has passed an environmental study. CEO Robin Goad says the review showed there wouldn't be any impact on the water table. He also points out that there would be no asbestos in the company's materials. Goad says the next step is to apply for rezoning with the aim to begin construction sometime next year. The plant would process cobalt which is needed to manufacture lithium ion batteries.

Electric carmaker Tesla says it's going to court to appeal amended New Jersey dealer rules

NEWARK, N.J. - Electric-car company Tesla Motors has filed notice it intends to go to court to appeal New Jersey's ruling that would stop it from selling its vehicles in the state within two weeks. The notice, filed last week to the state appellate division, seeks to overturn regulations imposed by the state Motor Vehicle Commission that require new-car dealers to have franchise agreements before they can be licensed.

Electric car sales smash records in Norway

Norway's electric car market boomed in March, with sales of the environmentally friendly vehicles accounting for a record one in five of all cars registered, a national traffic group said Wednesday. US car maker Tesla set a new record for car sales, with its high-end Tesla S selling more models in one month (1,493 sales) than any car in Norway's history, according to the Information Council for Road Traffic (OFV).

'60 Minutes' admits error in dubbing noises over quiet electric car

NEW YORK, N.Y. - CBS News says an editor made an "audio error" in dubbing the sound of a loud traditional car engine over footage of the much quieter Tesla electric car in a "60 Minutes" story that aired Sunday. Spokesman Kevin Tedesco said Tuesday the loud car audio has been edited out of the online version of the story on Tesla founder Elon Musk. Anchor Scott Pelley reported the story, and CBS said he wasn't aware of the added audio ahead of time.

US regulators halt Tesla fire probe after safety vow

Federal safety regulators have closed an investigation launched following two fires involving Tesla's Model S sedan after the electric carmaker vowed to reinforce the casing around the vehicle's lithium-ion batteries. A statement by the National Highway Traffic Safety Administration (NHTSA) said Tesla's move to modify Model S batteries with three additional layers of protection should be enough to prevent fires in the car in future.

New York governor says agreement reached in dispute over Tesla direct sales

ALBANY, N.Y. - New York Gov. Andrew Cuomo says an agreement has been reached to let Tesla Motors keep its five retail locations in the state as part of a compromise to strengthen auto dealer franchise protections while allowing Tesla's direct sales. The governor's office says the deal includes the New York State Automobile Dealers Association and the Greater New York Automobile Dealers Association.

Business Highlights

___ AP IMPACT: Gov't safety agency missed Cobalt clues DETROIT (AP) — The federal government said for years that it didn't have enough information about stalling in some General Motors cars to establish a trend or open an investigation. But the data tell a different story.
Syndicate content