Browsing the "CEO" Tag

Tesla Considers Building A Big Battery Factory of Its Own

November 7th, 2013 | by Christopher DeMorro

The unparalleled success of the Tesla Model S sedan has eaten up the world’s supply of lithium-ion laptop batteries, causing the electric automaker to sign a $7 billion agreement with Panasonic for even more battery packs. But Tesla could end up building the world’s largest battery factory, with the same output as all the rest of the world’s battery producers combined

Hertz Adds Tesla Model S To Select Rental Fleets

September 30th, 2013 | by Christopher DeMorro

Rental car agency Hertz announced that it is adding the Tesla Model S to its Dream Fleet line of vehicles. For $500 a day, and $.49 cents per-mile after the first 75 miles, you can drive the same car that all the cool Silicon Valley kids want

GM Aiming To Cut Chevy Volt Cost By $10,000

May 3rd, 2013 | by Christopher DeMorro

By most measures, the Chevy Volt has proven to be a successful and clever plug-in hybrid vehicle in every regard save cost. At $40,000, it is still quite an expensive car even with the $7,500 Federal tax credit. CEO Dan Akerson knows this, and says that GM is seeking to slash the Volt’s price by as much as $10,

EcoMotors Inks $200 Million Deal With Chinese Company

April 12th, 2013 | by Christopher DeMorro

EcoMotor’s opposed-piston engine turned engine design on its head, literally. The design certainly seems “out there”, but a $200 million dollar deal signed with Zhongding Power to produce the engines in China shows the company is serious

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