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...Ford, for example, has applied to use some of the federal cash to convert an assembly plant in suburban Detroit from building trucks to building small cars and electric vehicles. The project costs $550 million and Ford hopes to use some of the DOE cash. GM, Chrysler, Nissan and Tesla, the California manufacturer of an exotic electric sports car, are also applying for some of the funds...

Author: /time Magazine | Title: Adding Up the Auto Bailout: $80 Billion and Growing | 5/11/2009 | See Source »

...tesla MRI—standard for non-clinical research—will provide a magnetic strength 60,000 times stronger than the earth’s magnetic field, Blum said...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERSS | Title: Researchers Await FAS MRI | 3/3/2009 | See Source »

...money has not been touched but requests for funding were supposed to be submitted to DOE by mid-December. Among the requestors is Tesla of Menlo Park, Calif., which is building a battery-powered sports car that will sell for more than $100,000. Telsa has asked for $480 million in government money, while A123, which has developed a lithium-ion battery for cars, is seeking $1.5 billion. The smaller companies, many of them based in California, have been lobbying hard to make sure they get their share of the $25 billion. They have received support from House Speaker Nancy...

Author: /time Magazine | Title: The Auto Bailout Keeps Growing, and Growing | 1/14/2009 | See Source »

...environmentally friendly, non-fuel reliant automobile. Better versions of electric cars arrived over the next two decades. GM's EV1 made it to production but proved too expensive to make in mass quantities; Toyota's Rav4 EV, which debuted in 2001, required a separate wall mount for charging. The Tesla Roadster, which first hit the streets in 2006, boasted a sticker price starting at $90,000 each - well out of reach for most consumers. The latest entry, the Chevy Volt, is expected to be released by 2011; however, the Volt is actually a plug-in hybrid with a gas-powered...

Author: /time Magazine | Title: The Electric Car | 1/13/2009 | See Source »

What do you think of the all-electric Tesla roadster? You are going to see a lot of products coming from different car manufacturers because this is perceived as the technology of the future. But the mass-marketization of this technology is going to start with: is it affordable, is it reliable and how easy is it for consumers to charge the car, maintain it, resell...

Author: /time Magazine | Title: Nissan's CEO on the Auto Industry's Woes | 11/19/2008 | See Source »

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