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Kia's Soul EV price set at around 42 mln won

SEOUL, March 11 (Yonhap) -- The sales price of the Soul electric vehicle (EV), which offers practical driving range and handling characteristics on par with those of its combustion-engine counterpart, is to be set at around 42 million won (US$39,400), Kia Motors Corp. said Tuesday. The country's second-largest carmaker said the car built on the platform of second generation Soul hatchback with the first car to be handed over late this week, with full-fledge sales to take place next month.

In a driverless future, drivers will do anything else

Brew an espresso, watch a movie on a large screen, surf the Internet or simply sit and chat with friends? As automakers and technology firms steer towards a future of driverless cars, a Swiss think tank is at the Geneva Motor Show this week showing off its vision of what vehicles might look like on the inside when people no longer have to focus on the road. "Once I can drive autonomously, would I want to watch while my steering wheel turns happily from left to right?" asked Rinspeed founder and chief executive Frank Rinderknecht.

Bhutan to become green car showcase in deal with Nissan

The remote Himalayan kingdom of Bhutan signed a deal with Japanese auto giant Nissan Friday to become the ultimate showcase for electric cars, taking advantage of its abundance of hydropower. The announcement was made during a visit by Nissan chief executive Carlos Ghosn to Thimphu, the picturesque capital of Bhutan, whose government sees electric vehicles as a way of cutting emissions and thus averting the kind of pollution that is commonplace in cities throughout South Asia.

Carmakers and technology companies urge lawmakers to catch up to driverless tech

LAS VEGAS, Nev. - The future of driving is right around the corner. Hydrogen- and solar-powered vehicles are on the streets. So are cars that can get you through stop-and-go traffic while you sit back and send texts from behind the wheel. Cars are even using radar, ultrasonic waves and cameras to jump into the passing lane and get around slowpokes.

BMW says has orders for nearly 10,000 of its electric i3 cars

By Nichola Groom LOS ANGELES (Reuters) - Luxury carmaker BMW has orders for nearly 10,000 of its i3 electric cars, the first of which were delivered in Germany last week, the company's global sales chief, Ian Robertson, said at the Los Angeles Auto Show on Wednesday. Robertson also said the BMW i8 plug-in hybrid sports car due to be introduced in mid-2014 has sold out for its first year of availability. He did not say how many the company will sell in that first year.

Startup car company had big plans with foreign investments, but so far jobs, cars scarce

TUNICA, Miss. - It seemed like a win for everyone involved when a startup car company, backed by political heavyweights, wooed investors with plans to build a massive auto plant in the Mississippi Delta, hire thousands of people and pump out a brand new line of fuel-efficient vehicles.

Foreign investments under scrutiny as car company's big plans haven't materialized

TUNICA, Miss. - Four years ago, a startup car company announced with great fanfare big plans for the Mississippi Delta: Using money from foreign investors and other sources, it would build a massive auto plant to churn out a new line of energy-efficient cars and bring thousands of jobs to the area.

BMW targets "meaningful" sales with electric i-series

By Andreas Cremer LONDON (Reuters) - BMW <BMWG.DE> is targeting a "meaningful" chunk of the electric-car market and expects demand to be driven up as urban populations rise, its sales chief said on Monday as he unveiled the company's battery-powered i3 model. The world's biggest luxury carmaker has declined to give sales or production goals for the four-seater i3, to be followed early next year by a battery-powered i8 sports car.

Affiliates of electric car maker Coda file for bankruptcy

By Paul Lienert and Sakthi Prasad (Reuters) - Two affiliates of failed U.S. electric-car maker Coda Automotive filed for chapter 11 bankruptcy protection on Tuesday, according to court documents, in another sign of the challenges facing the "green" car industry. Lio Energy Systems Holdings, based in Delaware, and Hong Kong-based Miles Electric Vehicles Ltd are seeking to have their cases jointly administered with those of parent Coda Holdings and its affiliates, including Coda Automotive, which filed for bankruptcy on May 1.

Automakers cut electric car lease prices, add goodies to boost sales of new technology

DETROIT - Auto companies are hoping lower lease prices can put a charge into sluggish electric car sales. Honda announced Thursday that it's slashing the monthly lease cost of its tiny Fit EV by one third, following similar moves by other automakers. Honda also is throwing in other goodies, such as a free home charging station and unlimited mileage.
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