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BUSINESS
September 8, 2011 | By W.J. Hennigan, Los Angeles Times
AeroVironment Inc., the Monrovia company that makes small hand-held drones for the Pentagon and charging systems for electric vehicles, swung to a profit in its first quarter, bolstered by a 62% increase in sales. The company Wednesday posted earnings for the quarter ended July 30 of $326,000, or 1 cent a share, compared with a loss of $3.4 million, or 16 cents, a year earlier. Analysts on average had forecast a profit of 1 cent a share. AeroVironment is the Pentagon's top supplier of small drones, which include the Raven, Wasp and Puma models.
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BUSINESS
March 21, 2012 | By Jerry Hirsch, Los Angeles Times
Will higher gas prices help lift sales of electric vehicles? Lacey Plache, the chief economist for Edmunds.com, says the hurdles are still too high for widespread adoption of electric vehicles. In an analysis for automotive research firm R.L. Polk & Co., Plache says one problem is that there still isn't a lot of choice when it comes to electrics and plug-in hybrids. Although at least nine electric and plug-in hybrid vehicles are expected to become available in 2012, only the Nissan Leaf and Chevrolet Volt are widely available.
BUSINESS
November 25, 2010 | Tiffany Hsu, Los Angeles Times
Electric vehicles, many of which will hit dealership showrooms starting next month, took center stage at this week's Los Angeles Auto Show. But while wooed by the futuristic designs and promises of huge fuel savings, many tire-kickers at the show raised worries about how they would keep the cars powered up and running. So amid a flurry of announcements about ever more clean-fuel models coming to market, industry officials kept busy touting how there was a growing network of public and private charging stations available for electric vehicle operators.
BUSINESS
August 28, 2011 | By Jerry Hirsch, Los Angeles Times
Electric cars are back. Popular in early automotive history, electrics quickly got smoked by their internal combustion-driven cousins. But in this age of volatile gas prices and climate worries, these clean, quiet vehicles are winning new fans. Advances in technology have improved their range and power. Companies are rolling them out in every flavor. Need a small SUV? Take a look at the Toyota RAV4 electric hitting the market next year. How about a luxury sedan? There's the Fisker Karma plug-in hybrid, which the automaker compares to a Maserati Quattroporte but with better mileage and lower emissions than a Toyota Prius.
BUSINESS
November 18, 2010 | By Tiffany Hsu, Los Angeles Times
Rival Japanese automakers Toyota Motor Co. and Honda Motor Co. unveiled prototypes of upcoming electric cars as alternative-fuel vehicles took center stage Wednesday at the start of the Los Angeles Auto Show. Amid buzz about General Motors Co.'s multibillion-dollar initial public offering, major automakers scrambled to show off their latest electric car offerings to hundreds of reporters gathered for a preview of the annual event at the Los Angeles Convention Center. The show opens to the public on Friday.
CALIFORNIA | LOCAL
May 17, 2012 | By Susan Carpenter, Los Angeles Times
The growing number of electric vehicle drivers in Los Angeles are behaving differently from the national norm. Not only are EV drivers in L.A. traveling farther than those in other cities, but they charge their vehicles more often at public locations and are more likely to charge at night to obtain less expensive electricity rates, according to Ecotality in San Francisco. Ecotality oversees the EV Project, a $230-million deployment of electric-vehicle charging infrastructure funded in part by the U.S. Department of Energy to aid the rollout of electric vehicles and conduct research.
BUSINESS
December 12, 2010 | By Tiffany Hsu, Los Angeles Times
According to the government, the car with the highest mileage per gallon on the market doesn't use a single drop of gasoline. The 2011 Nissan Leaf, which was scheduled to be delivered to its first California customers this weekend, runs entirely on battery. But the Environmental Protection Agency says it can travel 99 miles on the equivalent of a single gallon of fuel. Confused? You're not alone. The mileage-equivalent ratings, meant to help potential buyers compare electric cars with others in their class, are befuddling some consumers who see them as an automotive example of comparing apples and oranges.
BUSINESS
March 23, 2012 | By Andrea Chang, Los Angeles Times
In a big boost to current and prospective electric car owners, most of a $120-million settlement with an energy company will be used to build a vast network of charging stations in California. The money will be used to construct at least 200 public fast-charging stations and install wiring for 10,000 plug-in units at 1,000 locations across the state, Gov. Jerry Brown said Friday. He also announced that he had signed an executive order laying out the foundation for 1.5 million zero-emission vehicles to be on California's roads by 2025.
BUSINESS
January 16, 2011 | By Susan Carpenter and David Undercoffler, Los Angeles Times
Awards season is at hand, so it's only fitting to salute top performers in one of L.A.'s favorite categories: autos. Our work as Times car reviewers put us behind the wheels of dozens of vehicles last year. Breakout stars included two new electric vehicles: the Nissan Leaf and Chevrolet Volt. Luxury models by Jaguar and Porsche also impressed us with their style and power. The new Jeep Grand Cherokee, an American classic, got a big thumbs up. Fans in the cheap seats will find there's something for them too: One of our winning cars has a sticker of only $19,690.
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