September 8, 2011 |
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.
September 22, 2010 |
Coda Automotive Inc., a startup electric-car company in Santa Monica, said Tuesday that it would start taking deposits for its four-door, five-passenger sedan this week and would begin delivering the cars in December. The automaker is pricing the car at $44,900, a sticker price above electric vehicle offerings from the much larger General Motors Co. and Nissan North America Inc. that also go on sale later this year. The Coda will be will be eligible for a $7,500 federal tax credit and $5,000 California tax rebate, which brings the price down to $32,400.
March 21, 2012 |
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.
June 21, 2013 |
Nissan Leaf drivers throughout the U.S. will be able to upgrade to the latest lithium-ion batteries through a program costing $100 a month, the automaker announced Thursday. Nissan's current policy guarantees it will fix or replace Leaf EV battery packs which fail to meet performance standards during the first five years of ownership or before 60,000 miles. Under the new program, starting early next year, drivers of the 2011, 2012 or 2013 models will be able to get a new battery installed in their vehicles.
April 17, 2012 |
Whether an electric car such as the Nissan Leaf protects the atmosphere from greenhouse gases depends on where it's charged, according to a new study. Electric vehicles are no better than a standard gasoline-powered subcompact such as a Hyundai Elantra in cities such as Denver and Wichita, Kan., but far exceed even the best hybrids in Southern California. That's the finding of a study of electricity generation, greenhouse gas emissions and electric vehicles by the Union of Concerned Scientists.
April 26, 2012 |
Car shoppers will soon find two Ford Focus sedans sitting side by side when they visit the dealership — one with a gas tank and another with batteries. In a milestone for the auto industry, an automaker will give consumers an option to purchase the same model of a vehicle with either a traditional combustion engine or one powered only by electricity. It will mark the first time that buyers can compare the different powertrains on the same car. An electric Focus, next to the gas version, provides, "more transparency to what it means to pay for an electric vehicle," said Thilo Koslowski, an automotive analyst at research firm Gartner Inc. Ford Motor Co.'s strategy of producing an electric car that shares the platform, body style and many components of the standard gasoline model is a departure from other automakers pioneering the electric car market.
November 18, 2010 |
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 |
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.
November 21, 2013 |
As the automotive test director for Consumer Reports, Jake Fisher drives hundreds of cars a year and is known as one of the toughest critics in the auto industry. The Times took a cruise with Fisher at the L.A. Auto Show on Thursday and asked what he thinks are the most important new cars to make their debuts at the show. 1: The Chevrolet Colorado mid-size pickup truck. “It really looks impressive and it is nice to see an auto company taking smaller pickup trucks seriously,” Fisher said.