BRIC (brazil, russia, india china)
John Batchelor, host of the John Batchelor radio show, and Gordon Chang, Forbes, and Lou Ann Hammond, CEO, Driving the Nation talk about BYD and Tesla, BYD is a Chinese owned company, owned by the private entrepreneur Wang Chuanfu. Tesla is trying to break into the electric vehicle market in China. China heavily supports the [...]
How long has General Motors known there was an issue with the ignition switch? Can the new GM be sued for the recalls? Will sanctions against Russia hurt car companies? Was there a cover-up May 15, 2009, when, according to the New York Times, "data in the black boxes of Chevrolet Cobalts confirmed a potentially [...]
By Stephen Leahy WARSAW, Nov 15 2013 (IPS) - Energy consumption and production are undergoing fundamental shifts but the world is still on course to a 3.6 degree C hotter climate according a report released during the U.N. climate talks in Warsaw. Brazil will play a major role in quenching the developing worlds growing thirst [...]
Highlights from the Tesla Motors, Inc. “ Third Quarter 2013 Shareholder Letter * Record 5,500 Model S deliveries * Gross margin increased to 21% (non-GAAP) excluding ZEV credit's * Net income (non-GAAP-Generally Accepted Accounting Principles) of $16 million * Major WW expansion of service centers, stores and Superchargers * Cash balance nonetheless increased by $49 [...]