Every major car company is releasing an electric car soon. And then there is the little startup Coda. But during a visit to their new HQ, the folks behind Coda said they have the formula to take down Detroit.
No one can know, with absolute certainty, how electric vehicles' batteries will perform over the long haul. But manufacturers like Chevy, whose Volt hits streets soon, subject their power cells to all manner of torture to find out.
Chinese automaker BYD announced a plan this week to build its North American headquarters in Los Angeles—the latest in a series of moves that are slowly turning California into the new electric vehicle hotspot.
Its time for Tesla to watch its back. The electric vehicle startup has generated considerable excitement for the sort-of-affordable ($50,000) Model S EV sedan, scheduled to be released in 2012, but Nissan already has over 56,000 pre-orders for the 2012 Leaf EV—a $25,000 model that will have the advantage of being the first entry level-priced EV on the market.
Many of our most promising electric cars have parts—or entire assemblies—being built in China. But when it comes to the most important (and most expensive) component, EV companies may turn to American manufacturers.