Tesla, Chevrolet, Kia, Lishen, India, Hyundai, Model X.
Tesla’s Q4 results: Fourth-quarter revenues were 957 million dollars, up from 615 million in the last quarter of 2013. Due to high investments, however, Tesla had to report a loss of 107.6 million dollars in the fourth quarter of 2014. The Californian carmaker managed to hit its annual production target of 35,000 Model S in 2014 and plans to deliver 55,000 cars in 2015. Some 30,000 orders have been placed already – about 10,000 for the Model S and around 20,000 for the Model X.
greencarcongress.com, electriccarsreport.com, businessinsider.com (Commentary) shareholder.com (Shareholder Letter)
Bolt production confirmed: GM yesterday officially confirmed that the all-electric Bolt will be built at the Orion factory near Detroit. A production timetable was not revealed. According to suppliers, production for the Bolt and a companion model for GM’s Opel subsidiary in Europe is set to start in October of 2016.
insideevs.com, autoblog.com, gmauthority.com, wsj.com
Kia presents hybrid concept: As promised, the Korean carmaker unveiled its Trail’ster Concept at the Chicago Auto Show. And as predicted, it´s a Kia Soul with a four-wheel-drive hybrid drivetrain. The car is primarily powered by a 185 hp combustion engine at the front axle matched to a 27 kW electric motor on the rear axle intended for low-speed assist.
greencarreports.com, greencarcongress.com autovolt-magazine.com
Strong words from Leshi: Following a rather vague announcement, the Chinese internet company Leshi is now rolling out the big guns. They want to invest “billions of dollars” in the production of web-connected electric cars, with which they aim to “disrupt” the U.S. market first before selling the cars in China. When Leshi plans to do all that was not part of the announcement.
Cheaper EVs from India? The Indian government plans to give incentives to manufacturers of hybrid and electric cars. Starting in April this year, 35 percent of the price difference to conventional cars could be covered to make electric and hybrid cars cheaper.
Spied: Hyundai’s first hybrid-only model was caught testing in Northern Europe. Meanwhile, Tesla’s Model X was seen on public roads in California fitted with a tow hitch.
worldcarfans.com (Hyundai), insideevs.com (Tesla)