Tesla is following up a very busy February with an even more hectic March. Elon Musk has announced that his brand will unveil the long-promised Model Y crossover at the LA Design Studio on March 14th. On top of that, you can expect the first “v3.0” Supercharger station to switch on March 6th at 8PM Pacific. Musk didn’t provide more clues beyond that, but you might already have an idea as to what to expect.
Nissan’s current electric car lineup revolves almost exclusively around the Leaf, but it’s ready to diversify its selection. The company’s European design chief Mamoru Aoki has revealed to Autocar that a production version of the IMx concept SUV (above) will arrive sometime in “a few years.” It’s not certain how much the crossover EV would change, but it’s reasonable to presume that Nissan would want to keep the IMx’s performance. The concept promised 435HP and a 380-mile range, giving Tesla’s Model X a run for its money in some cases.
Luxury vehicles from the 1930s were nearly aircraft carrier-long. It was the art deco era dominated by seemingly never ending clean lines. So it’s no surprise that the Vision Mercedes-Maybach 6 Cabriolet is over six meters long (about 20 feet) and has a single line that runs the length of the vehicle. Hell, the back the car is inspired by yachts and called a “boat tail.” In other words, it’s going impossible to find parking for it.
California’s tougher-than-usual climate change policy might become more stringent before long. Assemblywoman Autumn Burke tells the Associate Press that she’s introducing a bill requiring that car manufacturers sell at least 15 percent zero-emissions free vehicles within a decade. Companies operating in the state already have to hit yearly emissions targets and get credits for sales, but this would require that they embrace electric orhydrogen fuel cell cars in a big way — not just one or two novelty models. And if they don’t sell enough eco-friendly cars, they’d have to either pay a fine to the state or pay rivals that meet the targets. Yes, they might inadvertently help the competition.
When Tesla talked about its earnings in early May, one big question came up: just how will the company afford to make hundreds of thousands ofModel 3s (over 373,000, at last count)? By raising a ton of investment money, that’s how. Tesla has announced that it’s selling a total of $2 billion in stock, about $600 million of it from Elon Musk himself, to pay for its expansion plans. It had to move up its goal of 500,000 electric vehicles per year to 2018 in response to Model 3 deposits, and that means having a “good buffer of cash” (as Musk said during the earnings call) to keep things humming.