6th September 2013

First Look at the Audi A3 e-tron in Latest WOT Video – Rumor Central

Get the full details on the new Audi A3 e-tron electric car on the latest episode of Wide Open Throttle. Jeff Curry, Audi’s E-Mobility Marketing and Strategy representative, discusses Audi’s new EV. Curry tells us that 17 A3 e-tron test vehicles are being launched in four select cities to see how they perform in real-world driving conditions. The production version should be ready in two years and will be based on the upcoming ...
28th August 2013

Tesla CEO Elon Musk makes just $33,280 a year; has option to buy 5.27 million shares

Depending on when Tesla Motors CEO Elon Musk is speaking, he's either pointing out that his electric vehicle company has a rough road ahead or that everything will be fine. Both lines can be kind of true, which is one reason that Tesla is such a fascinating company. It's also potentially a very profitable endeavor for Musk, depending. Business Week is reporting that Musk's compensation package, designed 'to keep him at the company,' included an option ...
28th August 2013

Wheelies: The Exit Velocity Edition

Jean-Francois Monier/Agence France-Presse — Getty ImagesThe driver Stephane Sarrazin in a Peugeot 908 during qualifying sessions for the 24 Hours of Le Mans endurance race last June. The factory team announced its withdrawal from the 2012 race calendar this week. In which we bring you motoring news from around the Web: • Peugeot, which has competed with Audi for dominance of the Le Mans series in recent years, has announced its withdrawal from the 2012 race calendar. ...
25th August 2013

Developer sues Tesla over proposed New Mexico Model S plant

New Mexico may be The Land of Enchantment, but at least one developer from the state is less than charmed with Tesla Motors. The electric-vehicle maker has been sued by Rio Real Estate Investment Opportunities for what the developer says was an agreed-upon deal for Tesla to produce its Model S battery-electric sedan in New Mexico, according to website Gigaom. Tesla allegedly reached an agreement in early 2007 to have Rio Real Estate build a 150,000-square-foot factory ...
24th August 2013

Surveying the Plug-In Landscape

Surveying the Plug-In Landscape

Hannelore Foerster/Bloomberg NewsBMW i8 concept, a plug-in hybrid grand tourer expected to begin production in 2014. Sunday’s Automobiles section takes the measure of purely electric and hybrid vehicles that are currently on sale or coming to market in the next couple of years. Bradley Berman spent a week with the BMW ActiveE, a purely electric version of the 1 Series coupe that serves as a test platform for BMW’s electric vehicle program. By gutting the internal-combustion ...
23rd August 2013

Tesla Bumping Model S Prices by $2500 at Start of New Year

Tesla is raising prices on its all-electric Model S sedan by $2500, despite not having yet rolled out the entire Model S lineup. (Until now only the expensive Signature launch-edition model has been shipped to customers.) The increase applies to every Tesla Model S ordered after December 31, 2012. Tesla says that buyers with outstanding orders—and any placed before the end of 2012—will still pay the Model S's current prices.  First Drive: 2013 Tesla Model S Instrumented ...
11th August 2013

Driving the Audi A3 E-tron

Driving the Audi A3 E-tron

Audi of AmericaAudi A3 E-tron. Of all the Leafs, Volts, Teslas and Karmas, Audi’s E-tron moniker is most redolent of sci-fi films and the utopian promise of a brave, new, petrol-free world. But like a long-gestating James Cameron epic, the purely electric A3 E-tron hatchback I drove Tuesday in Brooklyn and Manhattan won’t reach American audiences until 2014, according to Audi executives. And even then, it will be based on an entirely new chassis and body, and ...
8th August 2013

Tesla Model S wins 2013 World Green Car of the Year

The automotive journalist judges behind the World Green Car of the Year apparently with the overwhelming majority of AutoblogGreen readers, as they've just named the Tesla Model S their winner. We don't yet know what the official ballots were, but our informal poll had the Tesla beating the other two finalists – the all-electric Renault Zoe and the Volvo V60 plug-in hybrid – with over 82 percent of the vote. This is just the latest win ...
4th August 2013

Tesla seeks another $225 million through follow-on stock offering

Tesla Motors is looking for history to repeat itself. The luxury electric-vehicle maker, which raised $226 million in its June 2010 initial public offering, is looking to raise another $225 million in equity through an additional stock offering. Last Friday, Tesla said it priced 6.93 million shares at $28.25 each and is offering another 30-day option to its underwriter for an additional 1.04 million shares. Tesla co-founder Elon Musk will also buy as many as 35,398 shares ...