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electric vehicles

Automakers Are Spending Billions Bringing New Alternative Vehicles to Market

The week started out with Tesla’s Chief Executive Elon Musk saying that the company would not try to raise any more cash this year to grow its operations. The market reacted on the positive side, with a possible inference being that it could not keep up with the demand for electric cars that are on its production line.

More Than Half of New US Cars Get 23 MPG

For the first time ever, over 50 percent of the current year’s US vehicles get more than 23 miles per gallon, according to the Consumer Federation of America (CFA). After categorizing 1,099 2014 passenger vehicle models into 10 different mpg rating categories, CFA concludes that 2014 is a historic year … Read more »

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