Help Support EV News Report
EV News Report is not a non-profit

You are browsing the archive for Tesla news Archives – EV News Report.

Avatar of EV News

by EV News

Model S Achieves Euro NCAP 5-Star Safety Rating

November 5, 2014 in Electric Vehicles, Model S, Tesla

Image courtesy of Tesla Model S Achieves Euro NCAP 5-Star Safety Rating

Image courtesy of Tesla
Model S Achieves Euro NCAP 5-Star Safety Rating

By The Tesla Motors Team

We’re pleased to announce that the Tesla Model S has received a maximum-possible 5-star safety rating from the European New Car Assessment Programme (Euro NCAP).

Model S is one of just a few cars to have ever achieved a 5-star safety rating from both Euro NCAP and the U.S. National Highway Traffic Safety Administration (NHTSA). Additionally, Model S is the only car this year to have achieved both a 5-star Euro NCAP rating and 5 stars in every NHTSA subcategory, including frontal impact, side impact, and rollover. Only two other cars have earned the same recognition since 2011 (when NHTSA introduced its latest rating scheme).

The reason so few models achieve 5-star ratings in both Europe and the U.S. is that each program places emphasis on different safety aspects in the assessment process. NHTSA emphasizes structural and restraint safety, with a deep focus on how well the vehicle can withstand and absorb the energy of an impact while protecting its occupants. It is also primarily concerned with adult occupants. On the other hand, Euro NCAP assesses a wider range of scenarios, including tests for child and pedestrian safety. Unlike for NHTSA, active safety is also an important part of Euro NCAP’s 5-star requirement. Every year, the European organization raises the standard for a 5-star rating to account for technological advances in the industry.

The dual 5-star ratings for Model S validate our holistic approach to safety. We have been engineering passive and active safety systems in parallel, so the car is structurally sound and is also designed to intelligently anticipate and react to potentially dangerous situations.

Structurally, Model S has advantages not seen in conventional cars. It has a low center of gravity because its battery pack, the largest mass in the car, is positioned underneath the passenger compartment, making rollover extremely unlikely. It also has a large front crumple zone because of the lack of an engine, meaning it can absorb more energy from a frontal impact, the most common type of crash resulting in fatalities. Its body is reinforced with aluminum extrusions at strategic locations around the car, and the roof can withstand at least 4 g’s. It was for these reasons that Model S achieved 5 stars in every subcategory when tested by NHTSA in 2013.

This quarter, we started implementing the Model S active safety system in conjunction with the introduction of new Autopilot hardware, consisting of 12 ultrasonic sensors that sense up to 16 feet around the car, a forward-looking camera, a forward radar, and a digitally controlled, high-precision electric brake boost. We specifically selected this hardware to accommodate the progressive introduction of new safety features via software updates over the course of the next several months.

While the features already pushed to the Model S fleet – Lane Departure Warning and Speed Limit Warning – have proven sufficient to merit a 5-star NCAP rating, we will go much further with active safety systems. Features coming soon include Forward and Side Collision Warning and Avoidance, Blind Spot Warning, and Automatic Emergency Braking.

Safety has always been Tesla’s top priority, and we remain committed to continuously improving Model S to ensure that adults, children, and pedestrians alike receive the best possible protection from the car and its technology. In the meantime, Model S owners can be secure in the knowledge that this recognition from Euro NCAP reaffirms their car’s outstanding safety qualities.

This article is an EV News Report repost, credit: Tesla Motors.

Avatar of EV News

by EV News

Significantly Improved Leasing for a Tesla with US Bank

October 27, 2014 in Electric Vehicles, EV News, Model S, Tesla

Significantly Improved Leasing for a Tesla with US Bank Photo courtesy of Tesla

Significantly Improved Leasing for a Tesla with US Bank
Photo courtesy of Tesla

By Elon Musk

Tesla is pleased to announce that US Bank, which has a much lower cost of capital than us, is now offering very compelling leasing for Tesla buyers in the United States. This will lower monthly lease payments by as much as 25% on a new Model S. Detailed info here.

Leasing now also comes with the Tesla happiness guarantee. If you don’t like our car for any reason in the first three months, you can just return it and your remaining lease obligation is waived.

The only catch is that you can’t then immediately lease another Model S. Upgrading early is no problem if you want to do that, but there is a pass-through fee to cover the new vs used value difference.

As always, leasing a car with Tesla involves no signatures or paperwork, unless required by your state DMV. You just read the super simple terms & conditions on the center screen, tap once and it is done.

Also, there is no need to come to a Tesla store to order our car. It takes less than 5 minutes to order a Model S at the TeslaMotors.com website, just like any normal buying experience on the Internet. You enter your info, specify when you want the car to arrive and it will be delivered to your local Tesla service center for pickup. If one of our service centers isn’t conveniently close, we will deliver it directly to your home or business location anywhere in the United States.

This article is an EV News Report repost, credit: Tesla.

Avatar of EV News

by EV News

Daimler restructures cooperation with Tesla

October 21, 2014 in Daimler, Electric Vehicles, EV News, Tesla

Daimler AG (stock exchange symbol: DAI) has reorganized its cooperation with Tesla Motors Inc. In this context, Daimler has terminated the share-price hedge it initiated in 2013 and has sold its stake in Tesla of approximately 4%.

The cooperation between the partners on the automotive projects is unaffected. Development work for the Mercedes-Benz B-Class Electric Drive is completed, the partnership with Tesla remains in place.

“We pursue our strategy for emission-free driving consequently. Electric vehicles are one component of this roadmap. In Tesla we do have a bold partner. Together we launched the B-class Electric Drive successfully in the United States this summer. In November, the B-Class Electric Drive will be launched in Europe as well. We are convinced that this powerful electric vehicle for every day use will appeal to a lot of customers,” stated Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. Furthermore, the batteries for the first generation of the smart fortwo electric drive had been from Tesla. The two-seater with electric drive is one of the best-selling electric cars in Germany. “Our partnership with Tesla is very successful and will be continued”, added Zetsche.

Phantom grafics Mercedes-Benz B-Class Electric Drive Image courtesy of Daimler

Phantom grafics Mercedes-Benz B-Class Electric Drive
Image courtesy of Daimler

Bodo Uebber, Member of the Board of Management of Daimler AG for Finance & Controlling and Financial Services: “We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for our partnership and cooperation. For this reason, we have decided to divest of our shares. This will also allow Tesla to broaden its investor base.”

The sale of Daimler’s stake in Tesla will result in a cash inflow of around $780 million, which will be used to strengthen Daimler’s operational business. The impact on EBIT for the year 2014 is approximately in the same amount.

“We have supported Tesla as a startup company for many years and have learned a lot from Tesla. At the same time, Tesla was able to profit from our automotive expertise. The cooperation with Tesla is one component of our activities in the field of electric mobility. It optimally complements our involvement in Deutsche ACCUmotive,” explained Prof. Dr. Thomas Weber, member of the Board of Management of Daimler AG for Group Research & Mercedes-Benz Cars Development.

Daimler has the industry’s biggest portfolio of electric vehicles, from cars and vans to buses and light trucks: smart electric drive, Mercedes-Benz A-Class E-CELL, B-Class Electric Drive, B-Class F-CELL, SLS AMG Coupe Electric Drive, Vito E-CELL, Mercedes-Benz Citaro FuelCELL-Hybrid, Fuso Canter E-CELL and Freightliner Custom Chassis MT E-CELL All-Electric. Systematic hybridization is also a fixed element of Daimler’s powertrain strategy. In 2014, Mercedes-Benz sold more automobiles with hybrid drive than all other German manufacturers combined. The focus will continue to be on plug-in hybrids in the coming years. By the year 2017, Mercedes-Benz Cars will launch ten new plug-in hybrid models in all market segments.

Daimler initially acquired a 9.1% interest in Tesla in May 2009. 40% of that investment was transferred to Aabar Investments PJSC in the context of a joint strategic project in July 2009. Tesla has been listed on the stock exchange since the end of June 2010. As a result of capital increases at Tesla, Daimler’s stake in the company decreased to around 4%, without affecting the two companies’ strategic cooperation or joint development projects.

This article is an EV News Report repost, credit: Daimler AG.

Avatar of EV News

by EV News

Gov. Rick Snyder signs bipartisan bill clarifying existing direct auto sales law

October 21, 2014 in Electric Vehicles, EV News, Model S, Politics, Tesla

Calls for healthy, open discussion on potential changes to business model; also signs one other bill into law

LANSING, Mich. – Gov. Rick Snyder today signed bipartisan legislation that clarifies and strengthens an existing law about direct auto sales in Michigan.

House Bill 5606, sponsored by state Rep. Aric Nesbitt, also prohibits auto manufacturers from dictating fees franchised dealers can charge customers. The legislation allows individual auto dealers to make the business decision whether to charge the transaction fee.

The bill was approved by 38-0 in the state Senate, and 106-1 in the state House of Representatives.

Gov. Rick Snyder signs bipartisan bill clarifying existing direct auto sales law Michigan Gov. Rick Snyder Photo courtesy of State of Michigan

Gov. Rick Snyder signs bipartisan bill clarifying existing direct auto sales law
Michigan Gov. Rick Snyder
Photo courtesy of State of Michigan

Snyder said Tuesday there has been a misunderstanding about the legislation.

“This bill does not, as some have claimed, prevent auto manufacturers from selling automobiles directly to consumers at retail in Michigan – because this is already prohibited under Michigan law,” Snyder said in a letter to lawmakers that accompanies the signed bill.

Language in the bill states plainly that a manufacturer can only sell new vehicles to consumers through its own network of franchised dealers.  HB 5606 deletes the word “its” from a sentence in existing law.

This change would merely allow manufacturers who do not have their own franchised dealers to sell through another manufacturer’s network of franchised dealers. They will be required, just as they are now, to sell through a franchised dealer, and not directly to consumers. HB 5606 does nothing to change this fact.  At most, it clarifies the existing requirement in Michigan law.

Snyder requested Attorney General Bill Schuette analyze the effect of the bill, and the Attorney General’s Office also concluded that auto manufacturers could sell only through franchised dealers, as is the case in existing law.

Snyder said lawmakers can and should discuss the current business model soon to determine if it is best for the state’s consumers.

“We should always be willing to re-examine our business and regulatory practices with an eye toward improving the customer experience for our citizens and doing things in a more efficient and less costly fashion,” he said.

The bill is now Public Act 354 of 2014.

The governor also signed HB 5273, sponsored by state Rep. Nancy Jenkins which connects small businesses with funding opportunities by creating Michigan Investment Markets, which operate as intrastate broker-dealers. The law connects Michigan businesses and residents, allowing for stock in local businesses to be bought, sold and traded.

The legislation is an extension of the crowdfunding measure enacted in 2013, allowing companies to use crowdfunding to raise money for their business. It is now PA 355.

For more information, visit legislature.michigan.gov.

This article is an EV News Report repost, credit: State of Michigan. Video courtesy of State of Michigan.

Avatar of EV News

by EV News

A Raw Deal in Michigan

October 17, 2014 in Electric Vehicles, EV News, Politics, Tesla

By Tesla Motors Team

On October 1, the Michigan Automobile Dealers Association succeeded in passing a bill that is harmful to consumers.

The bill, HB5606, was originally a single amendment to existing law designed to ensure that the car dealers can tack additional fees on to the purchase price for all vehicles (from any manufacturer) sold in Michigan. Such fees have a controversial history, are generally regarded with skepticism and have been the subject of consumer concern in other states.

Not content with enshrining their ability to charge consumers dubious fees, on the last day of the legislative session, the dealers managed to make a last-minute change to the bill in an attempt to cement their broader retail monopoly. Using a procedure that prevented legislators and the public at large from knowing what was happening or allowing debate, Senator Joe Hune added new language in an attempt to lock Tesla out of the State. Unsurprisingly, Senator Hune counts the Michigan Automobile Dealers Association as one of his top financial contributors, and his wife’s firm lobbies for the dealers.

By striking a single, but critical, word from MCLA 445.1574(14)(1)(i), the law governing franchise relations in Michigan, the dealers seek to force Tesla, a company that has never had a franchise dealership, into a body of law solely intended to govern the relationship between a manufacturer and its associated dealers. In so doing, they create an effective prohibition against Tesla opening a store in Michigan.

This amendment goes even further. It also seeks to prevent Tesla from operating a gallery in Michigan that simply provides information without conducting sales. We could even be barred from telling people about our car.

This anti-competitive behavior mirrors similar tactics in New Jersey and Missouri, where dealers have resorted to backroom political maneuvers to shore up their monopolies. The dark-of-night tactics highlight the dealers’ concerns that their arguments don’t stand up well to public scrutiny.

Indeed, no consumer unaffiliated with dealers would ever want this. Officials at the Federal Trade Commission have spoken out about the potentially harmful consequences of the dealers’ anti-competitive behavior, saying “competition ultimately provides the best protections for consumers.” Leading economists have also weighed in, saying dealer monopolies come “at the expense of consumers and innovative technologies.” And in September, in considering a similar body of law, the Massachusetts Supreme Court handed down a ruling that made it clear that such laws were not intended to exclude a manufacturer without franchise dealerships from selling to consumers directly.

Michigan Gov. Rick Snyder Photo courtesy of State of Michigan

Michigan Gov. Rick Snyder
Photo courtesy of State of Michigan

While the car dealers’ anti-consumer bill has made it through the legislature, it has yet to be signed into law. The bill is now on Governor Rick Snyder’s desk. We are calling on concerned consumers to contact the Governor and urge him to veto this legislation and return the issue to the legislature for a full and open debate in 2015.

Please make your voice heard.

Other ways to contact Gov. Snyder:

  1. Phone: 517-373-3400
  2. Address: 234 West Baraga Avenue, Marquette, MI 49855
  3. Mail: P.O. Box 30013, Lansing, MI 48909

This article (10-16-14) is an EV News Report repost, credit: Tesla Motors.