Hertz Adds Tesla Model S To Select Rental Fleets

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.

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

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 $10,000.

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EcoMotors Inks $200 Million Deal With Chinese Company

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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Las Vegas Car Share Service Buys 100 Tesla Model S EVs

Tony Hsieh, the CEO of online shoe store Zappos, has a plan for downtown Las Vegas. Part of that plan includes a new car sharing service called Project 100. And by now you’ve probably concluded that Project 100 stands for the 100 Tesla Model S EVs at the core of this new car sharing service. But will it work?

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GM CEO: We're Working On 200 Mile EV

What is the magic number when it comes to EV driving range? The initial wave of Nissan Leafs received a 73 mile rating, though plenty of owners have achieved more or less range, depending on a wide variety of factors. Yet EV sales are not what Nissan hoped for, and other automakers have taken note. GM’s CEO Dan Akerson said the General is working on an EV with 200 miles of real world range.

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Next Chevy Volt To Cost “Thousands” Less

While electric vehicle sales haven’t been exactly inspiring, the Chevy Volt has managed to pick up some serious steam among consumers despite its $39,995 MSRP. With a next-generation Volt already under development, GM’s President of North America Mark Reuss has said that they will shave “thousands of dollars” from the price. But is it enough to make the Volt a true mass-market competitor?

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Tesla Motors Reports Positive Cash Flow For The First Time

Right on time for a Christmas miracle, the shining star of the electric vehicle movement has perhaps what is the best news for EV owners and advocates all over the world. Last week, for the first time in almost a decade, the CEO of Tesla Motors Elon Musk tweeted that the electric car company had its first cash flow-positive week.

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