Audi R8 e-tron entered in road rally [Video]

Audi has entered the new R8 E-tron in the Silvretta E-Auto Rally Montafon 2010. E-tron is the name given to Audi's electric vehicles (EVs). The R8 was chosen for its light aluminum frame, it's available and in production, and looks good racing and rallying.

The R8 E-tron will run the 167.5 km (104.08 miles) route of the Silvretta E-Auto Rally Montafon 2010 piloted by factory driver Lukas Luhr as well as Audi's own head of technical development, Michael Dick. The race takes place in the Austrian state of Vorarlberg.

Wrapped in an Audi R8 body, the E-tron comprises four electric motors, two at the front and two at the rear axle, which generate an amazing 313 hp, as well as 4,500 Nm of torque. The motors allow the car to use all that instant torque and accelerate from 0 to 100 km/h (62.14 mph) in 4.8 seconds.

As for the battery pack--a prime concern when heading out 100 miles in one direction, even with a factory support team at your back--it can be charged in just 2.5 hours from a 400-volt, 63-ampere source. Audi hasn't said how far the car can go on a single charge, or revealed the capacity of the pack, however.

Source: Audi



Press Release

First stage: Audi R8 e-tron in "Silvretta E-Auto Rally Montafon 2010"

• Audi electric sports car entered in Silvretta E-Auto Rally

• Audi Board Member and a factory driver at the wheel of the Audi R8 e-tron

• Technology platform to complete ten special stages over 160 kilometers

Montafon/Voralrberg, 2010.07.08 - Audi has entered an e-tron technology platform wrapped in the skin of an R8 in the Silvretta E-Auto Rally Montafon 2010. Michael Dick, Member of the Board of Management of AUDI AG for Technical Development, and factory driver Lukas Luhr will pilot the electric sports car along the 167.5 kilometer (104.08 miles) route through the Austrian state of Vorarlberg. After debuting with a demonstration run at "Le Mans vers le futur" as part of the 24-hour race, the Audi R8 e-tron will now be competing in three stages.

"We already received very good feedback on the Audi R8 e-tron in Le Mans," says Michael Dick, Member of the Board of Management of AUDI AG for Technical Development. "In Montafon, the e-tron will put its potential to the test in ten different mountain, valley and timed special stages. This is a good opportunity to showcase Audi's integrated approach and to experience the fascination of electromobility in a sports car on the road."

Four motors - two each on the front and rear axles - power the wheels of the Audi R8 e-tron, making this test vehicle a true quattro. With 230 kW (313 hp) and 4,500 Nm (3,319.03 lb-ft) of torque, the two-seater accelerates from 0 to 100 km/h (62.14 mph) in 4.8 seconds. The technology platform is designed for a top speed of 200 kilometer per hour (124.27 mph).

The technology platform vehicle wrapped in the skin of an R8 demonstrates that the Audi e-tron belongs in the major leagues of electric sports cars. The package does justice to all of the specific realities of an electric vehicle: The water-cooled, lithium-ion battery is located directly behind the passenger cabin for an optimal center of gravity and axial load distribution.

With the R8 e-tron technology platform, Audi is providing an insight into the development work. The requirement specification for the production concept goes far beyond battery technology and the replacement of a combustion engine with an electric drive system. The interaction of all components has a decisive influence on efficiency, range and practicality.

Design and package
One glance is all it will take for the fans at the Silvretta E-Auto Rally Montafon 2010 to recognize the caliber of the car: Based on the R8, this Audi e-tron has a wide, powerful road stance. The trapeze of the single-frame grille dominates the front end and is flanked by two large air intakes. 1.90 meters (6.23 ft) wide, just 4.43 meters (14.53 ft) long and 1.25 meters (4.10 ft) tall - those are the proportions of a supercar. The wheelbase of 2.65 meters (8.69 ft) leaves plenty of room between the axles for people and technology. The sporty proportions offer enough room in front of the rear axle for the battery unit and the power electronics.

The special package of the Audi e-tron technology platform provides for a 42:58 distribution of weight between the front axle and the rear axle, and thus for optimal balance and driving dynamics.

Because systematic lightweight construction is also a crucial prerequisite for the efficiency and range of electric cars, the Audi designers tapped into one of the company's core competences for the R8 e-tron technology platform: The body structure is based on Audi Aluminum Space Frame (ASF) technology.

Driving dynamics
The normal distribution of torque is clearly biased toward the rear axle and is similar to that of the production R8 mid-engine sports car, sending roughly 70 percent to the rear and 30 percent to the front. If an axle slips, this balance can be varied by means of the four centrally controlled electric motors. The electric vehicle from Audi thus enjoys all of the advantages of quattro technology.

The R8 e-tron also uses the four individual motors, which as wheel drives are connected directly to the respective wheel via a short shaft, to control the lateral dynamics. Similar to what the sport differential does in conventional quattro vehicles, they enable torque vectoring - the targeted acceleration of individual wheels - and thus active distribution of the torque. This improves driving dynamics while at the same time increasing driving safety. Understeer and oversteer can be corrected by not only targeted activation of the brakes, but also by precise increases in power lasting just a few milliseconds. The concept car remains extremely neutral even under great lateral acceleration and hustles through corners as if on the proverbial rails.

The chassis has triangular double wishbones at the front axle and a trapezoidal-link rear suspension made of forged aluminum components - a geometry that has proven in motorsports to be the optimal prerequisite for high agility, uncompromising precision and precisely defined self-steering behavior. A taut setup was chosen for the springs and shock absorbers, but still offers a high level of comfort.

The direct rack-and-pinion steering gives finely differentiated feedback. Boost is varied electromechanically as a function of speed. Fittingly, the technology platform rolls on 19-inch wheels.

Power supply
The energy storage unit is charged with household current (230 volts/16 amperes) via a cable and a plug. What used to be fuel cap covers the socket. With the battery fully discharged, charging time is between six and eight hours. High-voltage (400 volts, 63 amperes) reduces this to around 2.5 hours.

The battery isn't only charged when the car is stationary, but also while driving. The keyword here is recuperation. This form of energy recovery is already available today in a number of Audi production models. During braking, the alternator converts the kinetic energy into electrical energy and feeds it into the onboard electrical system. This relieves the load on the alternator during the next acceleration phase, which enhances driving dynamics and improves efficiency.

Interior and control concept
The interior evokes motorsports ambience on a luxury level. As with the R8, its distinctive element is the monoposto: a large arc sweeping around the dashboard instruments. Unlike the R8 production model, however, the Audi R8 e-tron has a graphic display to indicate the driving mode. It is located between two dial instruments that indicate the recuperation and the boost level, respectively. Similar to the new A8, the driver of this high-performance sports car can select the various driving modes using a stalk that is based on shift-by-wire technology.

Audi at the Silvretta Classic
It goes without saying that Audi's heritage department will also be participating in the traditional Silvretta Classic. Thomas Frank, Head of Audi Tradition, will be piloting one of the rare green Audi Sport quattro models. A grand total of 15 of these cars were painted "Malachite Green" between 1983 and 1985. What had long been the most expensive car that Audi had ever built is highly coveted by collectors and enthusiasts, and prices are rising steadily.

Another headturner in the automobile scene is the Audi Ur-quattro. Audi Tradition is entering a 1988 model with a very special team in the Silvretta Classic. Multi-time Mille Miglia-winner Luciano Viaro has relied on blind co-pilots in classic rallies for some time now. The Italian "M.I.T.E." project (Miteinander, Insieme, Together, Ensemble) is a multilingual symbol for the integration of people with disabilities in classic racing. Blind persons are given the opportunity to participate actively in rallies as co-pilots, directing the driver using a roadbook in Braille. Audi Tradition has supported this project for the past year and is making its project debut at the Silvretta Classic in 2010.

2010 Tesla Roadster 2.5

The 2010 Tesla Roadster 2.5 will debut at the same time in Copenhagen, Denmark, and Newport Beach, California and will bring both design and technology improvements.

The Roadster 2.5 demonstrates that Tesla will give its range of vehicles a family resemblance. The new front fascia with diffusing vents is similar to the svelte Model S sedan, and Tesla says the new rear diffuser also points to the brand’s future design language.

The interior is reinforced with an improved sound-reduction materials and an optional seven-inch nav system. Some of the upgrades will be available to existing Roadster owners as upgrades. In terms of styling, the Roadster features a new front fascia, restyled wheels (available in silver or black) and a modified rear diffuser. Inside, the cabin has improved sound dampening, better seats, and an optional 7-inch navigation system with a back-up camera.

The look and feel of the car has been redesigned too, with new air-intake vents, alloy wheels and comfier seats. It's better suited for warmer climates too, thanks to a new power control system.

Opting for the Roadster Sport unlocks a new wheel design, available in silver or gloss black finishes. Everything in between is more or less identical to the now old Roadster 2.0.




Press Release

Tesla Premiers Roadster 2.5 at Goodwood Festival of Speed

Electric Carmaker Will Perform This Weekend in World-Famous Motoring Festival in the UK.

CHICHESTER, England - Tesla Motors (TSLA) will unveil its next-generation sports car to the public this weekend at the Goodwood Festival of Speed.

The Tesla Roadster 2.5 features improvements in design and technology, including a new front fascia, rear diffuser, improved seat comfort, sound dampening and an optional large touch screen navigation system with back-up camera. Improved interior sound reduction techniques, including new front fender liner material, make the cabin even quieter.

The Festival of Speed is the world's largest motoring garden party, a unique weekend that brings together a heady mix of cars, stars and motor sport royalty to create the largest car culture festival worldwide. Held in the immaculate grounds of Goodwood House, this annual hill-climb extravaganza celebrates all things automotive.

Goodwood is one of the most beloved motoring events in the world and a highlight of the English summer so it's only appropriate that this iconic celebration will be the public premiere of the latest Roadster, said Cristiano Carlutti, Tesla's Vice President of European Operations.

Absolutely Extraordinary

Tesla has already become a darling of Britain's beloved Goodwood, which this spring hosted the first official UK motor race that included electric vehicles, a competition sanctioned by the UK Motor Sport Association. One of Britain's most respected motoring correspondents described a recent Roadster stint on a Goodwood hill climb as an 'absolutely extraordinary performance.'

UK companies that purchase a Roadster benefit from a 100 percent Writing Down Allowance, meaning they can deduct the price of the car from their taxable profits. The Roadster is the only sports car that has ever qualified for such a tax incentive in the UK. Roadster drivers park for free and without time limits in various London boroughs, they get four hours of free charging at certain parking sites, and they are exempt from the Showroom Tax.

Tesla launched the new Roadster this week and is delivering to customers now. More than 1,200 current Tesla owners in at least 23 countries have logged over five million electric miles in their Roadsters.

Prospective customers can see the Tesla Roadster 2.5 at Goodwood or at the London showroom at 49-51 Cheval Place in Knightsbridge, near Harrods. Tesla is now delivering this latest version of the car in all Tesla markets in Europe, Asia and North America.

Tesla Unveils Roadster 2.5 at Newest Stores in Europe and North America

New Roadster Demonstrates Tesla's Commitment to Innovation

Palo Alto, CA -- Tesla Motors today announced Roadster 2.5, the latest version of its revolutionary electric sports car. It will debut simultaneously with the opening of Tesla's two new stores in Copenhagen, Denmark, and Newport Beach, California.

The Roadster 2.5 reflects Tesla's commitment to innovation and the company's close feedback loop with its customers. The new Roadster includes improvements in both design and technology, including a new front fascia, rear diffuser, improved seat comfort & internal finishes, sound dampening and a large touch screen navigation system.

"Although development of the Model S is our main focus, this shows that we still care a great deal about improving the Tesla Roadster," said Tesla CEO Elon Musk. "These improvements are a direct result of customer feedback and come only a year after release of Roadster 2.0, showing an exceptionally rapid pace of innovation. Where feasible, we will also offer existing customers the ability to purchase the upgrades now available in version 2.5."

New features in Roadster 2.5 include:

• A new look, which includes a new front fascia with diffusing vents, and rear diffuser reflecting the future of Tesla design

• Directional forged wheels available in both silver and black

• New seats with improved comfort, larger more supportive bolsters and a new lumbar support system

• Power control hardware that enables spirited driving in exceptionally hot climates

• An optional 7" touchscreen display with back-up camera

• Improved interior sound reduction including new front fender liner material make the cabin even quieter

Tesla will unveil the new Roadster at its two newest stores worldwide in Copenhagen and Newport Beach, CA. Journalists can see the car during media open houses at both stores throughout the day. Customers, prospective customers and other guests will celebrate the opening of the newest stores this evening.

The enhancements in the Roadster 2.5 are the direct result of accumulated customer feedback. Tesla's unique, company-owned retail network allows Tesla's engineers to receive customer feedback directly and iterate rapidly. More than 1,200 current owners in at least 23 countries have logged over five million electric miles.

Roadster 2.5 is currently available for order and soon will be available at Tesla stores worldwide.

Audi runs R8 e-Tron prototype at 24 Hours of Le Mans

Audi's been promoting the fact that an "e-tron" would lap Le Mans this week as part of a demonstration of alternative fuel vehicles shown at speed just before the start of the 24 Hours of Le Mans. Joining cars like the Porsche GT3 hybrid and natural gas powered Volkswagen Scirocco that both ran Nurburgring, the Audi e-tron turned out to be an outwardly normal Audi R8 painted in a matte medium grey with bright green decals. 

Its battery sits behind the passenger cabin to optimise its centre of gravity, thus achieving a 42:58 weight distribution. Four motors drive the front and rear axles and maximum power is quoted at 230 kW (308 bhp/ 313 PS), while peak torque is an astounding 4,500Nm (3,319 lb-ft). About 70 percent of power goes to the rear. Audi says the R8-based e-tron will accelerate from 0 - 100km/h in just 4.8 seconds.

A cable and plug allow the Audi R8 E-tron’s energy storage to be powered by your household current of 230 volts/16 amperes. Charging time is about 6-8 hours when the battery has been completely depleted and goes down to about 2.5 hours when high voltage is used.




Press Release

Audi e-tron at 24 Hours of Le Mans

• Technology platform opens the 24-hour race

• Five-time Le Mans winner Frank Biela at the wheel of the Audi e-tron

• Le Mans vers le futur shows Audi concept for an electric sports car

Audi presents an Audi e-tron technology platform based on the R8 at the most important sports car race of the year. Racing legend
Frank Biela drove the purely electric powered high-performance sports car during the Le Mans vers le futur, a demonstration run for electric vehicles, giving Audi fans at the 24 Hours of Le Mans a peek at the fascinating future sporty electric cars.

Not one, but four motors - two each on the front and rear axles - power the wheels of the Audi e-tron, making the test vehicle a true quattro. With 230 kW (313 hp) and 4,500 Nm (3,319 lb-ft) of torque, the two-seater accelerates from 0 to 100 km/h (62.14 mph) in 4.8 seconds.

The test vehicle wrapped in the skin of an R8 demonstrates that the Audi e-tron belongs in the major leagues of electric sports cars. The package does justice to all of the specific realities of an electric vehicle: The battery is located directly behind the passenger cabin for an optimal center of gravity and axle load distribution.

The requirement specification for the production concept goes far beyond battery technology and the replacement of a combustion engine with an electric drive system. The interaction of all components has a decisive influence on efficiency, range and practicality. With the technology platform shown at Le Mans, Audi is providing an insight into the development work.

Design and package
The caliber of the car is apparent to the fans in Le Mans at first glance: Based on the R8, this Audi e-tron has a wide, powerful road stance. The trapeze of the single-frame grille dominates the front end and is flanked by two large air intakes.

1.90 meters (6.23 ft) wide while only 4.43 meters (14.53 ft) long and 1.25 meters (4.1 ft) tall - those are the proportions of a supercar. The wheelbase of 2.65 meters (8.69 ft) leaves ample room between the axles for people and technology. The sporty proportions offer enough room in front of the rear axle for the battery unit and the power electronics.

The special package of the Audi e-tron technology platform provides a 42:58 weight distribution between the front and rear axles and therefore ensures perfect balance and driving dynamics.

Systematic lightweight construction is a crucial prerequisite for efficiency and range - and this is also the case for electric vehicles. The Audi development engineers therefore draw on a core competence of the company for the e-tron. The body structure is based on Audi Space Frame (ASF) technology.

Driving dynamics
The normal distribution of the tractive power is clearly biased toward the rear axle. Similar to with a mid-engine sports car, roughly 70 percent of the power goes the rear and 30 percent to the front. If an axle slips, this balance can be varied by means of the four centrally controlled electric motors. The electric vehicle from Audi thus enjoys all of the advantages of quattro technology.

Via the four individual motors, which are each connected directly to the respective wheel via a short shaft, the e-tron also controls the lateral dynamics. Similar to the sport differential in conventional quattro vehicles, these motors allow torque vectoring - the targeted acceleration of individual wheels and thus an active distribution of tractive power. This boosts driving dynamics while simultaneously enhancing driving safety. Understeer and oversteer can be corrected by not only targeted activation of the brakes, but also by precise increases in power lasting just a few milliseconds. The concept car remains extremely neutral even under great lateral acceleration and hustles through corners as if on the proverbial rails.

The chassis has triangular double wishbones at the front axle and a trapezoidal-link rear suspension made of forged aluminum components - a geometry that has proven in motorsports to be the optimal prerequisite for high agility, uncompromising precision and precisely defined self-steering behavior. A taut setup was chosen for the springs and shock absorbers, but still offers a high level of comfort.

The direct rack-and-pinion steering gives finely differentiated feedback. Its electromechanical steering boost varies with speed. Fittingly, the technology platform rolls on 19-inch wheels.

Energy supply
The energy storage unit is charged with household current (230 volts/16 amperes) via a cable and a plug. The socket is behind what used to be the fuel cap. With the battery fully discharged, charging time is between six and eight hours. High-voltage (400 volts, 63 amperes) reduces this to around 2.5 hours.

The battery isn't only charged when the car is stationary, but also while driving. They keyword here is recuperation. This form of energy recovery and return to the battery is already available today in a number of Audi production models. During braking, the alternator converts the kinetic energy into electrical energy, which it then feeds into the onboard electrical system.

Interior and control concept
The interior evokes a luxury-grade racing atmosphere. As in the R8, its distinguishing characteristic is the monoposto - a large arc that sweeps around the instruments. Unlike the production R8, however, the Audi e-tron has a graphic display for indicating the driving mode located between two round-dial instruments showing the recuperation and boost level.

Similar to the new A8, the driver of this high-performance sports car can select the various driving modes using a stalk that is based on shift-by-wire technology.

Mercedes SLS AMG E-Cell [Video]

Mercedes Benz made an official announcement during the 2009 Frankfurt Auto Show to bring a fully-electric version of its SLS AMG supercar. Almost a year after, the company has finally developed a prototype of the proposed model that looks stunning and sounds great in performance according to the recent leak of details on the web.

The Mercedes SLS AMG E-Cell, showing a bright yellow exterior paint job in these official images, is ready for its debut. We bet Daimler will unveil the full picture on the Mercedes SLS AMG E-Cell in a few days time. Much like the Audi eTron, the Mercedes SLS AMG E-Cell is also powered by four electric motors, one for each wheel. The total output of the Mercedes SLS AMG E-Cell is rated by the company at 526 hp and 649 lb-ft of torque. What's even more amazing about the new model is that it revs as a bike - up to 12,000 rpm. Too bad electric motors don't make enough noise.

The electric version of its Mercedes-Benz AMG SLS develops 533 HP and 590 lb-ft of torque. The model can accelerate from 0-60 mph in four seconds and is equipped with lithium-ion batteries. The technical details above are valid for the prototype model, the production version is not completed yet. Moreover, the autonomy and the necessary time to load a SLS AMG E-Cell are unraveled elements.


The interior of the car has also been modified, as it has been adapted to the needs of an electric vehicle. The instrument cluster now features charge status & estimated range displays, while the center console features a ten-inch touch screen display that offers information about the electric power.

External changes include the addition of an extendable front apron and splitter, a wider grille, revised air intakes in the hood, LED headlamps, plus a luminescent yellow paint scheme with matte-black accents.

Other changes – apart from the fitting of the electric motors and the bank of lithium polymer batteries housed in the centre tunnel and a box behind the cockpit – include an extendable front splitter which works with a reshaped rear diffuser to up the available rear downforce beyond the standard SLS, thanks in no small part to the lack of an exhaust system. Inside, the SLS E-Cell gets a 10″ touch screen in the centre console which displays the flow of power from the four electric motors as well as the usual infotainment stuff.

New details for Gordon Murray's T.27 City Car

Gordon Murray has long been considered one of the most innovative engineers and designers in the automotive world. The latest project from the mind that created the McLaren F1 supercar is the new T.27 electric city car. The T.27 is the battery powered variant of the T.25, a model that will debut shortly with a gas engine. Both models use the same basic architecture, and like the seminal supercar, they feature a three seat layout. That's largely where the similarities end, however.

Essentially an electric version of the T.25, the T.27 features a 12 kWh lithium-ion battery and a small electric motor with 25 kW (34 hp / 34 PS) and 875 Nm (645 lb-ft) of torque. This allows the car to accelerate from 0-100 km/h in less than 15 seconds, before topping out at 105 km/h (65 mph). While it's not fast, the 680 Kg (1,500 lb) T.27 will have a range of 129-161 kilometers (80-100 miles). More importantly, "projected emissions, using a UK energy mix, are 48g/km CO2 for the combined cycle and 28g/km CO2 for the urban cycle alone, with zero emissions at the point of use.  Full lifecycle CO2 damage will be 42% less than the average UK car," according to the press release.

T.27 has a length of 2.50m, width of 1.30m and height of 1.60m, and it offers s wheelbase of 1.78m. The car’s turning circle is 6.0 meters and the weight including the battery is 680Kg.





Press Release

Gordon Murray Design announce the Specification and Performance Targets for the T.27 City Car, a pure electric drive vehicle designed to fully optimise packaging, weight and performance. The announcement marks an exciting leap forward in efficiency for electric vehicles and working closely with their powertrain partner, Zytek Automotive, a brand new, innovative, lightweight and fully integrated electric motor, control system and battery will be designed to ensure that maximum efficiency is achieved.

Projected emissions, using a UK energy mix, are 48g/km CO2 for the combined cycle and 28g/km CO2 for the urban cycle alone, with zero emissions at the point of use. Full lifecycle CO2 damage will be 42% less than the average UK car.

Vehicle Specification

eMotor:	25kW	Height:	1.60m
Battery Type:	Li-ion	Weight:	680Kg (incl. battery)
Battery Spec.	12kWh	Wheel Base:	1.78m
Length:	2.50m	Turning Circle:	6.0m
Width:	1.30m

Performance Targets

Top Speed:	105kph
0-100kph:	Less than 15 seconds
Range:	80 – 100 miles

The T.27 vehicle concept closely follows the layout and geometry of Gordon Murray Design’s innovative T.25 city car, an MPV with 6 possible internal layouts.

The efficiency in cost, weight and performance comes in part from the ‘clean sheet of paper’ approach, part from the full integration of the powertrain and also from the low energy manufacturing system developed by Gordon Murray Design called iStream®.

iStream® massively reduces the capital investment required to produce the vehicle and also the energy required for manufacture plus the flexibility of the iStream® process would also allow the petrol powered T.25 and the T.27 to be manufactured at the same plant.

The 16 month programme started in November 2009 with a running prototype scheduled for completion in April 2011 and is supported with a 50% investment from the Technology Strategy Board. The next phase in the programme will include a push to secure partners and funding for UK manufacture. A UK partner or consortium to produce the city cars in the UK would keep the technology at home and could create 6,000 jobs.

Professor Gordon Murray, CEO of Gordon Murray Design said:

“The Technology Strategy Board have been incredibly supportive of the T.27 programme and together we are working to keep this in the United Kingdom. It is a great opportunity to work with Zytek Automotive and our other partners on this very exciting programme. We always strive to lead the way in automotive design and our current goal is to maximise efficiency of electric vehicles.”

Bill Gibson, Chairman of Zytek Automotive said:

Zytek’s new innovative powertrain, developed from our substantial experience of EV and hybrid vehicle production programmes, will substantially reduce the weight and cost of the electric engine, whilst delivering the quality, refinement and driving experience that T.27 customers will demand.”

Iain Gray, Chief Executive of the Technology Strategy Board said:

"This is another example of the UK positioning itself to benefit from the economic opportunities offered by the emerging low-carbon vehicles market.It’s great that the T.27, a fantastic example of smart engineering and sustainable design, is at the forefront of this. We are also glad that we were able to support a project that enabled Gordon Murray Design and Zytek Automotive and the other partners to work together to be truly innovative.”

Tesla to partner with Toyota to Build Electric Vehicle

Toyota Motor Corporation and Tesla Motors have announced that they intend to cooperate on the production of electric-vehicles, parts and production system and engineering support. Toyota will purchase a $50 million of Tesla’s common stock issued in a private placement to close immediately subsequent to the closing of Tesla’s currently planned IPO.

Toyota will invest $50 million for a private placement of Tesla common stock and the state of California will provide a sales tax abatement to Tesla for capital equipment expenditures to tool up the plant. Musk estimated that the abatement will amount to about $20 million over the next several years.

The NUMMI - New United Motor Manufacturing, Inc. - plant located in Fremont, only 17 miles from Tesla's new headquarters, ceased operations on April 1 after producing its last car, a red Toyota Corolla S believed to be destined for a museum in Japan.

The first car to roll of the production line will be Tesla's Model S electric sedan which costs around $57,400. While Tesla will still be late to the game when compared to the LEAF or the Volt, this amps up the company's reputation ten-fold. For a recent study just named Toyota as one of the top three companies consumers would buy an EV from.




Press Release

Tesla Motors and Toyota Motor Corporation Intend to Work Jointly on EV Development, TMC to Invest in Tesla

May 20, 2010 - Palo Alto, California, U.S.A. - Tesla Motors, Inc. (Tesla) and Toyota Motor Corporation (TMC) today announced that they intend to cooperate on the development of electric vehicles, parts, and production system and engineering support.

The two companies intend to form a team of specialists to further those efforts. TMC has agreed to purchase $50 million of Tesla's common stock issued in a private placement to close immediately subsequent to the closing of Tesla's currently planned initial public offering.

"I sensed the great potential of Tesla's technology and was impressed by its dedication to monozukuri (Toyota's approach to manufacturing)," said TMC President Akio Toyoda. "Through this partnership, by working together with a venture business such as Tesla, Toyota would like to learn from the challenging spirit, quick decision-making, and flexibility that Tesla has. Decades ago, Toyota was also born as a venture business. By partnering with Tesla, my hope is that all Toyota employees will recall that 'venture business spirit,' and take on the challenges of the future."

"Toyota is a company founded on innovation, quality, and commitment to sustainable mobility. It is an honor and a powerful endorsement of our technology that Toyota would choose to invest in and partner with Tesla," said Tesla CEO and cofounder Elon Musk. "We look forward to learning and benefiting from Toyota's legendary engineering, manufacturing, and production expertise."

TMC has, since its foundation in 1937, operated under the philosophy of "contributing to the society through the manufacture of automobiles," and made cars that satisfy its many customers around the world. TMC introduced the first-generation Prius hybrid vehicle in 1997, and produced approximately 2.5 million hybrids in the twelve years since. Late last year, TMC started lease of Prius Plug-in Hybrids, which can be charged using an external power source such as a household electric outlet. The company also plans to introduce EVs into the market by 2012.

Tesla's goal is to produce increasingly affordable electric cars to mainstream buyers – relentlessly driving down the cost of EVs. Palo Alto, CA-based Tesla has delivered more than 1000 Roadsters to customers in North America, Europe and Asia. Tesla designs and manufactures EVs and EV powertrain components. It is currently the only automaker in the U.S. that builds and sells highway-capable EVs in serial production. The Tesla Roadster accelerates faster than most sports cars yet produces no emissions. Tesla service rangers make house calls to service Roadsters.


Tesla Motors Announces Factory in Northern California
Silicon Valley factory will become the home of the Model S sedan

PALO ALTO, Calif. -- Tesla Motors has purchased the former NUMMI factory in Fremont, California, where it will build the Model S sedan and future Tesla vehicles. As recently as April of 2010, the NUMMI factory was used by Toyota to produce the Corolla and Tacoma vehicles using the industry-leading Toyota production system. It is one of the largest, most advanced and cleanest automotive production plants in the world.

It is capable of producing half a million vehicles per year or approximately 1 percent of total worldwide car production. The award-winning plant was the birthplace of the vaunted Toyota Production System, a widely copied system that lead to dramatic quality improvements and unprecedented manufacturing flexibility and worker satisfaction.

The Model S is expected to be the first pure electric premium sedan and is designed from the ground up to take full advantage of the electric vehicle architecture. The sedan, which Tesla unveiled in March 2009, has an anticipated base price of $49,900, including a federal tax credit, and is intended to deliver the foremost design and technology in the automotive world. With an optional extended-range battery pack, the Model S will travel over 300 miles per charge.

The factory is located in the city of Fremont near Northern California's Silicon Valley, very near Tesla's Palo Alto headquarters. The location means Tesla can hire best-in-class engineers in Silicon Valley. The short distance also ensures a tight feedback loop between engineering, manufacturing and other divisions within the company.

"The Tesla Factory effectively leverages an ideal combination of hardcore Silicon Valley engineering talent, traditional automotive engineering talent and the proven Toyota production system," said Tesla CEO Elon Musk. "The new Tesla Factory will give us plenty of room to grow."

Toyota produced its last car there just last month. Tesla began discussions to acquire the site this spring, when it was also evaluating opportunities in Downey and Long Beach. The turnkey nature of the facility with its recent production of top quality vehicles and its considerable room for expansion made it stand out from other sites.

2010 Nissan Leaf European Pricing Announced

Nissan Europe have announced the pricing structure for the European rollout of the 2011 Nissan Leaf. The Leaf car has received a huge number of  reservations in the U.S already and will be launched in Europe in three stages. Nissan plans to release just one model of the Leaf in Europe, as oppose to the two trim levels available in the U.S. from this Fall.

The cost of the Leaf in the UK will be £23,350 (€27,471) after a £5,000 government rebate. These first four countries were chosen because of the incentives that will keep the cost to consumers more manageable. Nissan will start taking reservations for the Leaf in Europe in July 2010.

Nissan Leaf customers will enjoy benefits such as zero vehicle excise duty and zero company car tax for five years.

The automaker chose Ireland, the Netherlands, Portugal, and the U.K. as its launch markets because those nations already have tax reduction laws in place for purchasers of very low- or zero-emissions vehicles.  The car will be released on the rest of the European market before the end of 2011.





Press Release

NISSAN ANNOUNCES EUROPEAN PRICES OF NISSAN LEAF, WORLD'S FIRST MASS-MARKET, ALL-ELECTRIC ZERO-EMISSION VEHICLE

Price to be under 30,000 Euros after incentives in most European countries

• Price in UK is 23,350 Pounds (27,471 Euros) after government incentives
• Price in the Netherlands is 32,839 Euros (28,068 Pounds). Dutch buyers will benefit from 6,000-19,000 Euros (5,128-16,239 Pounds) in tax savings over five years
• Price in Republic of Ireland is 29,995 Euros (25,637 Pounds) after government incentives
• Price in Portugal is 29,955 Euros (25,603 Pounds) after government incentives
• All prices include battery
• Reservations for the four initial markets to begin in July
• Prices for other countries to be announced closer to launch

Nissan International SA today announced that the all-electric Nissan LEAF will be priced at under 30,000 Euros (25,641 Pounds) after incentives in most of its European launch markets - about the same as a comparably-equipped diesel or hybrid vehicle.

The company also announced specific prices for the UK, Netherlands, Republic of Ireland and Portugal, the four initial European launch markets for the Nissan LEAF. Reservations will begin in July.

The Nissan LEAF is a compact, zero-emission five-passenger family car that comes fully equipped with features such as air conditioning, satellite navigation, a parking camera, a quick charge socket and innovative smart-phone connectivity.

"Nissan leads the industry by being the first automaker to offer an affordable zero-emission car. It's a pure electric vehicle, with no tailpipe emissions and very low running costs. Nissan LEAF may look similar to a compact family car, but its smoothness, acceleration and handling will surprise and impress drivers and passengers alike," said Simon Thomas, Senior Vice President, Sales and Marketing, Nissan International SA.

In the United Kingdom, the purchase price of the Nissan LEAF would be 23,350 Pounds (27,471 Euros)after government incentives. The price, which includes the battery, is 28,350 Pounds (33,353 Euros) before incentives. The UK government recently announced that it will refund 25 percent of the purchase price of a pure electric vehicle, up to a limit of 5,000 Pounds. The Nissan LEAF goes on sale in the UK in February 2011.

An array of other incentives can further defray the costs and increase the benefits of owning the Nissan LEAF. In the UK, EV customers benefit from advantages including zero vehicle excise duty and zero company car tax for five years. This, combined with significant savings in fuel costs of about 600 Euros (513 Pounds) on average annually in Europe versus a traditional car, makes the Nissan LEAF an affordable and compelling proposition.

The purchase price in the Netherlands will be 32,839 Euros (28,068 Pounds). Here, subsidies will take the form of zero vehicle registration and road taxes, resulting in tax savings of 6,000 Euros for private car owners and 19,000 Euros for company car owners over five years. Sales in the Netherlands begin this December.

The price in the Republic of Ireland is 29,995 Euros (25,637 Pounds)after 5,000 Euros in government incentives. Buyers will be exempt from vehicle registration tax, which can amount to as much as 3,800 Euros on a C-segment car. Sales in Ireland begin in February next year.

The price in Portugal is 29,955 Euros (25,603 Pounds)after 5,000 Euros in government incentives. Portuguese customers owning the Nissan LEAF benefit from road tax exemption. Sales in Portugal begin this December.

Nissan has decided to launch in these countries first due to significant government incentives for electric cars, and the ongoing development of charging infrastructure for their successful adoption. By the end of next year, Nissan LEAF will be available in every major Western European country.

"The Renault-Nissan Alliance is investing over four billion Euros to lead the auto industry in electric vehicles, with eight products across three brands," said Simon Thomas. "This investment includes five battery plants and seven confirmed assembly plants, including Sunderland in the UK. This reflects the strong commitment the alliance has made to electric vehicles and our determination to lead the market."

To ensure a place in line when Nissan begins taking reservations in the four initial markets, customers in those countries should pre-register on their local Nissan consumer website.*

In addition to purchasing the car outright, customers will also be able to buy the car on a Nissan finance plan. Details of the all-inclusive acquisition method will also be released in July.