February 17, 2012 § Leave a Comment
Blimey: Tesla says it has taken $40million-worth of advance orders for the Model X. Those ‘falcon’ doors are clearly a hit. Tesla has also flagged up its deal with Daimler to develop an electric powertrain for the Mercedes-Benz (a memorandum of understanding was signed last November), mentioning it at the announcement of its 2011 fourth-quarter financial results. How’s the company actually doing? Losses 59% greater than for the same period 2010, up to $81.5million, but that’s down to R&D spending, they say, and the sales of the Model S and Model X will make up for that, as well as forthcoming contract-engineering deals like the one with Daimler.Tesla stock price rose 1% in the wake of the announcement. Detailed rundown at Green Car Reports.
- Exciting news from the EcoVelocity folk: the green car show will run in partnership with Grand Designs Live, giving show-goers the chance to check out sustainable home improvements and green house-building as well as cleaner cars, all on the same ticket. The events will both run at the ExCel centre, London Docklands, 10th-13th May. The company behind Grand Designs Live and the Ideal Home Show, Media 10, has purchased a majority stake in IGME Ltd, the organisers of EcoVelocity which suggests that the ‘low-carbon motor festival’ is very much a growing and ongoing concern.
- Bristol Cars has appointed a board chairman, Sir George White, the son of the Bristol Car Company’s founder, and patron of the Bristol Owners Club and BOC Trust. He will work with the marque’s new owners, Frazer-Nash Research, as they work “on designs for a luxury, high-performance range-extender Bristol”. Work on reviving the company is underway, including a redesign for the famous Kensington showroom.
- Honda, Google, Stanford University and city authorities in Torrance, California are running a Fit (Jazz) EV trial programme. More at Autoweek.