Panasonic Corp. is investing $30 million in Tesla Motors Inc., the U.S. maker of electric sports cars, eyeing expansion in the global market for green vehicles, both sides said Thursday. Panasonic will acquire about a 2% stake in Tesla by purchasing Tesla common stock at $21.15 per share. Panasonic, which already makes batteries for Tesla vehicles, said the two firms ...
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Honda is gearing up to improve the Insight’s fuel economy
[singlepic id=4202 w=630 h= float=] Honda is gearing up in the entry-level hybrid fight to improve the Insight’s economy. The improvements are done by adding stop-start strategy to make it more economical. Changes have meant that that its engine can be switched off for up to three times as long as before. [singlepic id=4221 w=630 h= float=] [singlepic id=4222 w=630 ...
Read More »Tesla opens first showroom in Asia at Tokyo
Tesla, the Palo Alto maker of electric sports cars and new pal of Toyota, opened a showroom in Tokyo this week. It’s Tesla’s first dealership in Asia. The U.S. maker of electric sports cars is hoping to persuade rich buyers before eventually widening its appeal with cheaper models. Tesla has globally sold only 1,400 of the electric cars – which ...
Read More »Nissan Leaf all-electric vehicle unveiled on 2nd August 2009
Nissan Japan unveiled the their debut all-electric vehicle on 2nd August 2009 at Nissan’s Japanese headquarters in Yokohama. Nissan Leaf is a zero-emissions vehicle that is a dedicated, mass production electric-vehicle that is slated for launch in late 2010 in Japan, the United States, and Europe. Nissan leaf is a medium-sized five-door hatchback is based on a unique platform and it is equipped ...
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