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Recharge Wrap-up: Fiat 500e on sale in Oregon, Germany to offer EVs free parking

The 2015 Fiat 500e is now available in Oregon. The new 500e features an updated center console, as well as two new exterior colors: Luce Blu (which Fiat describes as light blue with a pearl finish) and Celeste (light blue). The 2015 500e is available for lease in California and Oregon for $199 a month for 36 months, plus $999 down. Fiat offers 500e owners and lessees 12 days of free rental per year through Enterprise in the first three years of ownership for days when the driver needs something with greater range or capacity than their small EV. Read more in the press release below. Germany moves to offer free parking to EVs in an attempt to encourage their adoption. The German cabinet has backed the bill, set to begin in spring 2015, which would also include certain hybrids in the free parking scheme. The eligible cars will get some sort of special label to make them more recognizable. Germany has a target of 1 million EVs on its roads by 2020. Read more at Bloomberg. Researchers at Oak Ridge National Laboratory have determined that the best automotive use of natural gas is to provide electricity for EVs. In a well-to-wheels analysis, using the natural gas to power efficient turbines to produce electricity uses less energy and produces fewer emissions than other fuels, including on-board CNG. The research also concludes that CNG cars are a viable option, particularly if the fuel could be integrated into hybrid vehicles. The study digs into other future technologies, and what they might mean for overall energy use compared to using natural gas as a stationary power source for EVs. Read more over at Green Car Congress. Scientists have created a new device to generate electricity from wind. Wind passing through the device causes gold-plated "tongues" to rub against PTFE tape, generating electricity using the triboelectric effect. Researchers created a triboelectric generator prototype that fit on top of a car in order to test it out. While mounting it on a vehicle may not necessarily be an ideal way to generate electricity for practical purposes, the test showed that the device works to produce a certain amount of energy at a specific windspeed, It could certainly be useful in stationary applications at the least, and might have further-reaching implications for generating electricity through wind or friction. Read more at Gizmodo.

China's Geely says it has no plan to buy Fiat Chrysler — as FCA stock leaps

HONG KONG — Chinese carmaker Geely Automobile denied media speculation on Wednesday that it planned to make a takeover bid for Fiat Chryslerk Automobiles (FCA), the world's seventh-largest automaker. Geely was one of several Chinese carmakers cited in by Automotive News, which said representatives of "a well-known Chinese automaker" had made an offer this month for FCA, which has a market value of almost $20 billion. "We don't have such a plan at the moment," Geely executive director Gui Shengyue told reporters at an earnings briefing, when asked if Geely was interested in Fiat. He said a foreign acquisition would be complicated, but he did not elaborate. "But for other (Chinese) brands, it could be a fast track for their development," Gui added. However, a source close to the matter said FCA and Geely Automobile's parent firm, Zhejiang Geely Holding Group, had held initial talks late last year, without disclosing their nature. The source confirmed Geely was no longer interested in FCA, noting that the parent company had only three months ago announced its first push into Southeast Asia with the purchase of 49.9 percent of struggling Malaysian carmaker Proton, a deal that also included a stake in Lotus. Geel's denial failed to dent FCA's stock. The price of its Milan-based shares has jumped more than 10 percent to a 19-year high since Automotive News first reported on Monday, citing unnamed sources, that FCA had rejected the Chinese offer as too low. FCA stock on the New York Stock Exchange rose sharply on Monday from $11.60 to $12.38 and on Wednesday was trading at $12.84. FCA declined to comment on Wednesday. FCA Chief Executive Sergio Marchionne has repeatedly called for mergers as a way of sharing the costs of making cleaner, more advanced cars, but he has repeatedly failed to find a partner and retreated from his search for in April, saying FCA would stick to its business plan. He has also spoken of spinning the successful Jeep and Ram divisions off from FCA. Europe's largest carmaker, Volkswagen, and General Motors have both said they are not interested in talks with FCA. On Wednesday, Geely Automobile reported a doubling of first-half profit, above expectations, as cars designed with Sweden's Volvo won over domestic consumers. Volvo is a unit of the Zhejiang Geely group, and has recently announced it will share its technology with Geely.

Marchionne uses racial epithet to describe what must power future Alfa Romeo models

Sergio Marchionne and his Fiat empire have a lot riding on the US return of the Alfa Romeo brand. The endeavor has been in progress for what feels like a lifetime - certainly for as long as Fiat has had the Chrysler brand under its Italian wing.
It's not surprising that Fiat CEO Marchionne needs a perfect first Alfa to mark a return to America. And here's where things get dicey. Nobody would argue with Marchionne's insistence that Alfa Romeo's be powered by Italian engines - as Marchionne himself is quoted to have said at the 2013 Detroit Auto Show, "There are some things that are well done in Italy."
If not what he said, then, it's how he said it that has eyebrows raised. "I cannot come up with a schlock product, I just won't. I won't put an American engine into that car. With all due respect to my American friends, it needs to be a wop engine." Wait, what's that?