WATERTOWN, Mass., June 7, 2010 (GLOBE NEWSWIRE) – A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced a production agreement with Navistar, Inc., a proven leader in worldwide commercial transportation, to supply lithium ion battery systems for electric vehicles (EVs) for the Navistar-Modec EV Alliance, LLC, a joint venture between Navistar and...

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...

 WINDSOR, UK–(BUSINESS WIRE)–Tesla Motors has hired former Fiat executive Cristiano Carlutti to lead the electric vehicle manufacturer’s fast-growing European operations. Carlutti, who began this week as Tesla’s vice president of European sales and operations, has a unique background encompassing sales, marketing, branding and public relations. He has lead mission-critical divisions at Fiat, served as CEO of an...

 New York, NY – October 19, 2009 The Progressive Insurance Automotive X PRIZE, a multimillion dollar competition to inspire a new generation of viable, super fuel-efficient vehicles, today announced the 43 teams— representing 18 states, 10 countries and 6 fuel types, that have passed the competition’s Design Judging phase and will move into the most exciting phase of the competition – performance and safety testing – putting them...

ECOstrive – With deliveries expected to begin in 2012, Tesla is poised to own the luxury sedan market with it’s all-electric Model S car. This seven passenger vehicle is unique because it is built on a flat platform. That is, batteries between the front wheels and motor between the rear. This gives the designers a very open pallet to be creative in both the exterior and interior of the car. The Model S is available for...