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Topic : model-s

The Next Decade: An increasingly electric auto market

January 8th, 2010

By Bill Sullivan
Green Right Now

The German government hopes to get one million electric cars on the road by 2020, offering incentives for BMW and Volkswagen to get behind the push. France aims to have twice that many in operation by that same year. Carlos Ghosn, who heads up Nissan and Renault, expects 10 percent of the world’s automobiles to run on electricity before the end of the next decade.

[caption id="attachment_7966" align="alignright" width="201" caption="Wait, wait, waiting for the Volt, shown here on a pre-production test drive"] A pre-production Volt goes for a test drive

A pre-production Volt goes for a test drive

[/caption]

Tesla will use U.S. loans to develop the Model S all-electric family sedan

June 24th, 2009

From Green Right Now Reports

Tesla Motors Inc. has been approved for about $465 million in low-interest loans from the US Department of Energy to help speed production of its own and other company’s electric cars.

The California company will use $365 million of the money toward producing its Model S – an all-electric family sedan that could carry seven people and travel up to 300 miles per charge.