electric car

Carlos Ghosn the head of the Renault-Nissan Alliance says no other car manufacturer is better prepared to tap the electric car market than Nissan (OTC:NSANY).

 

Opel, the ailing European unit of General Motors, is considering launching an electric car designed for city use.

"We are thinking about a small electric vehicle," Nick Reilly the president of General Motors Europe told Germany's Bild am Sonntag newspaper. 

Reva Electric Car Co., the Bangalore, Indian-based automaker developing an electric vehicle with General Motors Co., is planning to establish four overseas automaking ventures that could be generate profits while building as few as 5,000 to 10,000 vehicles a year.

Apparently manufacturing 1,000 cars was enough to take the plunge:  Tesla Motors has filed a S-1 registration form for an initial public offering (IPO) on the stock market.

 

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