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- Tesla shares fall 15% after trading restriction lifts
Shares of Tesla Motors fell more than 15 percent today, the day the electric carmaker's "lock-up period" expired, flooding the stock market with shares.
Переслать - Sanyo to boost output of auto lithium-ion batteries, report says
Sanyo Electric Co. plans to raise its annual output capacity for automotive lithium-ion batteries by 150 percent, by investing about about $180 million (15 billion yen) in a key plant, the Nikkei business newspaper reported last week.Переслать - Toyota aims to lower break-even point for Japan operations
Toyota Motor Corp. is aiming to significantly lower the break-even point for its Japanese operations through a slew of improved manufacturing processes, a top executive said last week.Переслать - USABC awards $5.43 million in contracts to 5 battery makers
Five battery makers have been awarded $5.43 million in contracts from the United States Advanced Battery Consortium to develop energy storage technologies for hybrid-electric and electric vehicles. The companies include Envia Systems Inc.Переслать - Automakers race to trim weight to meet fuel economy mandates
Major automakers are scrambling to strip hundreds of pounds off future pickup trucks in an effort to meet new standards for fuel economy without sacrificing strength or towing capability.Переслать - Saudi Arabia plans $500 million car manufacturing company
Saudi Arabia plans to start up its first car manufacturing company with a capital of $500 million and expects a prototype within two years, state media reported Sunday.Переслать - Kia to show latest gull-wing door concept in Detroit
Kia Motors America says it will reveal a concept crossover with gull-wing doors at the North American International Auto Show in Detroit next month.Переслать - Fiat will sell a rebadged Dodge Journey in Europe
Chrysler Group will stop selling the Dodge Journey in Europe and will instead market the minivan with a Fiat badge, Fiat sources said. The Fiat version of the large minivan will be called the Freemont.Переслать
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