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Panasonic Corporation and Tesla Motors today announced that Panasonic has invested $30 million in Tesla. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 per share. The investment builds upon a multi-year collaboration of the two companies to accelerate the market expansion of the [...]  The big announcement was made yesterday. Tesla Motors and Toyota are going to work jointly on the development of electric vehicles, parts, production system and engineering support. Toyota is going to invest $50 million in Tesla stock immediately after their IPO, and Tesla is purchasing the NUMMI plant that Toyota once produced vehicles in as part [...] As part of its 150th anniversary, TAG Heuer iscelebrating its motor-racing heritage in a round-the-world tour with partner Tesla Motors. Through the Odyssey of Pioneers, the two brands will share their values of innovation, performance, precision and energy-efficient luxury.From March through October 2010, TAG Heuer’s sustainable conscious “Odyssey of Pioneers” exhibition and roadshow, will visit [...] The Department of Energy announced today the closing of a $528.7 million loan with Fisker Automotive for the development and production of two lines of plug-in hybrid electric vehicles (PHEV). The loan will support the Karma, a full-size, four-door sports sedan, and a line of family oriented models being developed under the company’s Project NINA [...] Daimler is actively seeking to become the leader in zero emmision, sustainable mobility. In 2009, Daimler bought a 10% stake in Tesla Motors, the only production automaker selling a highway capable electric vehicle in North America and Europe. The two companies had already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the [...] Tesla Motors, producer of the world’s only highway-capable EV, is now offering the option of leasing their all electric Roadster and Roaster Coupe. The new program will allow customers to take immediate delivery of a new 2010 Roadster or Roadster Sport with a three year, 30,000 mile contract. The U.S. department of energy recently announced that it has closed a $1.4 billion loan agreement with Nissan North America, Inc. to retool their Smyrna, Tennessee factory to build advanced electric automobiles and an advanced battery manufacturing facility. The two projects are expected to create up to 1,300 American jobs and conserve up to 65.4 million gallons [...] Secretary of Energy Steven Chu announced the Department of Energy has closed its $465 million loan with Tesla Motors, Inc. for construction of a manufacturing facility in southern California on the Model S electric sedan and a power-train manufacturing facility in Palo Alto, California. The Palo Alto facility will assemble electric vehicle battery packs, electric [...] NEW YORK — Advertising Age selected electric vehicle manufacturer Tesla Motors as one of “America’s hottest brands” in a special report highlighting the year’s 50 brightest brands and the visionaries behind them. Rather than depending on conventional advertising, Tesla has relied on the quality of its product and word-of-mouth recommendations from early customers to promote the [...] |
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