Category Archives: electric vehicles

Price War as Honda Cuts Fit EV Lease to $259

Moreover, the revised Fit EV three-year lease requires no down payment, has unlimited mileage, provides routine maintenance and collision coverage, as well providing a 240-volt home charging station, although the customer must pay for its installation but owns it forever. To the horror of auto execs, this program might foreshadow the next generation of marketing incentives that would apply to other types of vehicles. Continue reading

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Honda Begins Leasing Walking Assist EV in Japan

Test walks by AutoInformed of an earlier model at the Society of Automotive Engineers Convention revealed a surprisingly good EV once you let the device take over. Continue reading

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Global Sales of Toyota Motor Hybrid Vehicles Pass 5 Million

“We had to develop a hybrid system from scratch, making our task extremely difficult,” said TMC Vice Chairman Takeshi Uchiyamada, who was responsible for development of the first-generation Prius, the world’s first mass-produced hybrid passenger vehicle. Toyota had been excluded from participating in a multi-billion dollar U.S. Government program that subsidized the national labs and GM, Ford and Chrysler to develop 80 mpg cars. The so-called partnerships for a New Generation of Vehicles ended in failure with no cars other than a few prototypes produced. Continue reading

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Electric Vehicle Startup Coda Files for Bankruptcy

Coda EV announced today that it is filing Chapter 11 of the U.S. Bankruptcy Code after selling only 100 cars. Continue reading

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Ford and Schaeffler to Make Fiesta EV

While offering no business reasons for the project at loss-making Ford of Europe, the company said there could be space-saving benefits that could support development of smaller cars that are more agile and optimized for urban areas with the ability to move sideways to park. Continue reading

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