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REPORT: Tesla Motors planning IPO "soon"

Rumors about Tesla's plan to go public have been circulating since 2008, but a down stock market seemed to put a damper on the start-up's IPO. Now, the word on the street from Reuters is that Tesla is planning to go public "soon." When might that be, exactly? Who knows. A source told Reuters it could happen "any day," but Stephan Dolezalek, managing director of VantagePoint Venture Partners and a Tesla investor, said in September that it's unlikely to happen in 2009. For its part, Tesla continues to offer little guidance on the report ... Read more →

Aptera Update: Backstory uglier than we knew? Sebastian Blanco

Electric automaker Aptera has had a very tough week, starting with news of a boardroom showdown last weekend over money troubles – which were then walked back a bit. During the week, we've ...

BMW prices the ActiveHybrid X6 starting at $89,725 Sam Abuelsamid

For a mere $89,725 you can have your pick of questionable V8 powered BMW X6s. For that price tag you can get the monster 555 hp X6 M or the new the new ActiveHybrid X6. Unlike Mercedes-Benz, which ...

REPORT: Think will build U.S. plant in Indiana, appoints two new execs Sebastian Blanco

Think Global is deepening its roots in Indiana. The City electric car already uses batteries made by local company Ener1, which also owns 31 percent of Think Global. When the Think starts up ...

Officially Official: Aptera production pushed back to 2010 Domenick Yoney

If anybody is still wondering whether Aptera, despite the recent commotion, will deliver one of their flightless wonders by Christmas, they can officially cease speculating. They're not, and the ...

First 25 production i-MiEVs roll into the UK 3 days ago on Autoblog Green

While the ship they came in on was probably dirty as all get out during its six-week journey from Japan, 25 all-electric Mitsubishi i-MiEVs have arrived in the UK and will take to the streets (in an uneventful government Ultra Low Carbon Vehicle Demonstrator test kind of way) on December 12th. ...

Ford Fusion wins Motor Trend Car of the Year award 3 days ago on Autoblog Green

For the first time ever, Motor Trend announced the winner of its annual Car of the Year award this afternoon live via webcast. Though the field of 23 contenders was highly competitive this year (follow the jump for a complete list), we guessed immediately that the winner was a Ford as soon as ...

Aptera update: Vacation instead of ousters? 3 days ago on Autoblog Green

We're still waiting for an official response from Aptera Motors on the ouster of top company members Steve Fambro, Chris Anthony and others, but Popular Mechanics has been able to get a bit more information about the "boardroom showdown" and it may not be as bad as first rumored. First, it ...

Electrification Coalition sees plug-ins making up 25 percent of market by 2020 4 days ago on Autoblog Green

A new Electrification Coalition was announced today with the backing of the CEOs from twelve companies. What's interesting about this group is that, among the leaders from electric vehicles companies and related start-ups – Coda Automotive, Coulomb Technolgies, A123 Systems, etc. – ...

Renault Fluence EV to be assembled in Turkey 7 days ago on Autoblog Green

Renault this morning made the production announcement for the fourth and final of its upcoming electric vehicles the Fluence sedan (see also: Twizy EV, Zoe Z.E., and Kangoo Z.E.). The battery-powered version of the compact sedan will be rolling off the same line as the gas and diesel versions at ...

Reva partners with Northern Lights Energy to bring NXR electric car to Iceland 8 days ago on Autoblog Green

Reva Electric Car Company and Northern Lights Energy signed a deal today to bring electric vehicles to Iceland. Reva, as regular readers will know, is the Indian EV company that was once best known for the G-Wiz, a quadricycle that Jeremy Clarkson did not like. In September, Reva revealed its ...

Renault announces 2011 production of all-electric Kangoo van 11 days ago on Autoblog Green

Last week, Renault announced it will build the Twizy EV in Spain starting in 2011 and plug-in vehicle batteries and the Zoe Z.E. in France in 2012. But Renault's push to bring electric cars to market soon don't stop there, they've got a trinity to complete. Today, Renault said it build the ...

REPORT: GM will build Cadillac Converj 11 days ago on Autoblog Green

After much hemming and hawing, General Motors will reportedly build a version of the Cadillac Converj, the gorgeous but awkwardly named extended-range coupe concept first shown at last year's Detroit Auto Show. According to The Detroit News, the Converj will probably take a few years to reach ...

REPORT: Chrysler disbands ENVI group, EV development will continue 13 days ago on Autoblog Green

According to a report from Reuters, Chrysler has disbanded its ENVI program and integrated the group back into its normal product development organization. Former ENVI head Lou Rhodes will now take the title of group line executive in charge of electric vehicle development and will manage that ...

Officially, Official: Fisker chooses Emil Frey Group for European distribution 16 days ago on Autoblog Green

Speculation that Fisker's new big dealership partner in Europe would be the Emil Frey Group has turned out to be correct. The start-up automaker announced today that Emil Frey will be its largest partner to import, market and service the company's plug-in hybrid cars in Europe, starting with ...

Tesla Roadster runs 313 miles on a charge in Global Green Challenge 24 days ago on Autoblog Green

It's no secret that how you drive has as much – or more – influence on a vehicle's efficiency than any technology. Case in point is this week's Global Green Challenge in Australia. Simon Hackett shipped his 2008 Tesla Roadster down under for the event and proceeded to set a new world ...

Officially Official: Fisker buys GM's Wilmington Delaware plant 24 days ago on Autoblog Green

In Wilmington, Delaware this morning, Governor Jack Markell was joined by Vice President Joe Biden and Henrik Fisker for the official announcement about the purchase of General Motors' closed plant there. Fisker will re-tool the plant to build a new, more affordable plug-in hybrid sedan to slot ...

REPORT: Fisker going to Delaware for Project Nina plant; Quantum readies diesel-hybrid powertrain 28 days ago on Autoblog Green

We heard earlier this week that Fisker Automotive has selected a location to build its U.S. production facility for its upcoming, lower-cost plug-in hybrid. Now there are all sorts of rumors swirling that Delaware is the place where Fisker wants to be, even if Fisker won't officially announce it ...

Tokyo 2009: Nissan Fuga hybrid arrives in Japan fall 2010, to U.S. in 2011 1 month ago on Autoblog Green

After several years of selling small volumes of its Altima sedan using Toyota's hybrid drive system, Nissan is finally ready to roll out its first gas-electric model using technology developed in-house. The first model to be so equipped will be the new Fuga sedan, a car sold in North America ...

Tokyo 2009: Honda CR-Z coming to America next fall with six-speed manual! 1 month ago on Autoblog Green

Honda fans of all sorts have cause to celebrate today with the reveal of the 2009 iteration of the CR-Z coupe. In typical Honda fashion, this CR-Z remains a concept in name and detail only. What you see here is essentially the production coupe that will go on sale in Japan next February and then ...

Tokyo 2009: Mitsubishi i-MiEV Cargo is bigger, o-kei! 1 month ago on Autoblog Green

You can make anything bigger and better if you just add a hump, and that's what Mitsubishi has done to its i-MiEV to create the i-MiEV Cargo. For those who find Ford's Transit Connect simply too monstrous and don't want to pay for gas – like, oh, a commercial concern in Tokyo – ...

Tokyo 2009: Mitsubishi Concept PX-MiEV shows its more conventional face 1 month ago on Autoblog Green

Mitsubishi has put its plug-in hybrid Concept PX-MiEV crossover concept on a pedestal here at the Tokyo Motor Show, touting the CUV's "environmental and on-road performance," as well as its serial and parallel modes and wireless charging capabilities. The crossover's design language ...

Congress approves three-wheelers for DOE funds 1 month ago on Autoblog Green

Following months of debate, Congress has approved a bill that will pave the way for three-wheeled vehicle manufacturers like Aptera to qualify for funding from the Department of Energy. Next step: President Obama's desk, and the Commander-in-Chief is reportedly expected to sign the bill into law ...

Congress restores hydrogen funding with $187 million in appropriations bill 1 month ago on Autoblog Green

Department of Energy Secretary Steven Chu is not getting his way in Washington. Recently (and, at this point, still allegedly) he said that he "would put every cent into electric cars." The Senate, though, has other plans and has now restored almost all of the hydrogen funding money that the DOE ...

Coskata opens doors to first semi-commercial flex ethanol facility 1 month ago on Autoblog Green

Coskata caught our attention back in January 2008 with the announcement that GM would take an equity stake in the cellulosic ethanol producer in an effort to bring the biofuel to market at a cost of just $1 a gallon. Since then, things haven't gone quite as smoothly as Coskata executives might ...

Tokyo Preview: Honda EV-N concept is retro-adorable, has unicycle storage 1 month ago on Autoblog Green

When the curtain rises on the Tokyo Motor Show next month, Honda's green-themed display will include what it calls the HELLO! Zone, a showcase for electric vehicles. Why "HELLO! Zone"? Well, we have no idea, other than it reminds us of a certain feline and that the Japanese clearly have a ...

Daimler picks France for full-scale all-electric smart ed prodution in 2012 1 month ago on Autoblog Green

Full-scale production of the all-electric smart ed will kick off in Hambach, France in 2012, the same place where small series production will start next month. Daimler announced today that it would invest "a double-digit million euro amount" into the Hambach plant so that the smart ed can "be ...

Tokyo Preview: Near-production Honda CR-Z "Concept" unveiled 1 month ago on Autoblog Green

One of the most highly anticipated new model releases scheduled to debut at the upcoming Tokyo Motor Show would have to be the production version of Honda's CR-Z hybrid hatchback. First unveiled at the Tokyo show back in 2007 in concept form, the sporty two-passenger vehicle is slated for ...

Vectrix officially files for bankruptcy, plans to stay in business 1 month ago on Autoblog Green

Vectrix has officially filed for Chapter 11 bankruptcy protection. Much like what recently took place with General Motors and Chrysler, the old company will be purchased by an entity called New Vectrix LLC in relatively short order unless another interested party comes along and presents a ...

Tokyo 2009: Mazda debuts next-gen SKY clean engines, transmission and Kiyora concept 1 month ago on Autoblog Green

Mazda just dumped a bunch of info about their next generation clean engines that will be officially unveiled at the Tokyo Motor Show in October, and we have two words for you: direct and diesel. Along with its next-gen 'Mazda SKY Drive' high-efficiency automatic transmissions, visitors to the ...

UK "clunker" scrappage scheme extended, expanded 1 month ago on Autoblog Green

Cash for Clunkers was a success in the U.S., but it's done and over with here. Over in the UK, their version of the old-for-new deal, the scrappage scheme, will be extended to include an additional 100,000 vehicles. The announcement was made today by Lord Mandelson. The basics of the UK plan are ...

A123 Systems goes public, stock jumps 50% on first day to $20.29 1 month ago on Autoblog Green

Massachusetts-based battery maker A123 Systems finally completed its initial public offering on Thursday. The lithium ion start-up offered 28,180,501 shares of its common stock at an opening price of $13.50 a share. Apparently, traders on the Nasdaq exchange thought the price was too low and quickly ...

BREAKING: Fisker gets $528.7 million loan from U.S. DOE for Karma, Project Nina 1 month ago on Autoblog Green

Fisker's goal of becoming profitable by 2011 received a shot in the arm today thanks to the U.S. Energy Department's announcement that the upstart automaker will receive a $528.7 million conditional loan. The DOE says the loan, "will create or save about 5,000 jobs for domestic parts suppliers." ...

REPORT: GM considering hybrid Corvette, other mileage tweaks 2 months ago on Autoblog Green

Is GM really considering a hybrid Corvette? Tom Stephens says it's a possibility. Who is Tom Stephens? He's GM's vice chairman of global product development, so he should know. To be fair, he says that a hybrid would only be considered if the Corvette's very livelihood depended on it. Now that ...

Martin Eberhard and Elon Musk reach settlement in lawsuit 2 months ago on Autoblog Green

About a month ago we heard that Martin Eberhard had decided to drop his defamation and breach of contract lawsuit against Elon Musk and Tesla Motors. Now comes word that Eberhard and the defendants have actually reached a settlement. Given the ruling of the judge in the case that the suit could ...

Frankfurt 2009: Volvo reveals battery-powered C30 [w/VIDEO] 2 months ago on Autoblog Green

We were already aware that Volvo has been working on a plug-in hybrid version of its compact C30 for some time with the intent of introducing a production model in 2012. In Frankfurt this week, Ford's Swedish outpost also showed off a full battery electric version of the hatchback. Volvo has ...

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