June 25, 2009
Feds lend Tesla $465 million to build electric car
The Obama Administration will lend Tesla Motors $465 million to build an electric sedan and the battery packs needed to propel it. It’s one of three loans totaling almost $8 billion that the Department of Energy awarded to spur the development of fuel-efficient vehicles.
June 11, 2009
Fender-benders in micro cars can be costly
New crash tests on those fuel-efficient mini cars suggest that crash repairs can be an expensive proposition.
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