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Smart ForTwo Electric Drive will be cheapest EV at $25,000*

We're getting our first drive in the 2013 Smart ForTwo Electric Drive today, and Smart just announced pricing for the latest version of its all-electric minicar. The starting price for the ForTwo ED Coupe will be $25,000 (*plus delivery fees), making it the lowest price electric vehicle in the U.S. from a mainstream automaker - and that doesn't even include the available $7,500 federal tax credit.
With the tax credit figured in, the starting price works out to $17,500. Add in the required $825 destination charge and up to $2,200 for a home charger, and the 2013 ForTwo ED Coupe will essentially start at just $20,525 - $1,100 cheaper than the Mitsubishi i-MiEV. Of course, customers who already have home charging stations can save even more. Smart has said that it will offer two different home chargers that range in price from $1,300 to $1,700, and it is estimating installation will cost somewhere in the $300 to $500 range.
While we do know the starting prices for the new ForTwo ED, options and lease prices have not been announced. For comparison, the previous-generation ForTwo ED had a lease price of $599 a month.

2013 Smart ForTwo gets three bite-size new ads

For such a Lilliputian car, the Smart ForTwo has giant staying power. The hatch that still gets wary glances is not only still kicking here in the U.S., it's done ten-straight months of year-on-year sales increases. That kind of sales trend calls for an ad campaign, and we have it in three new 15-second - bite-sized in Smart-speak - commercials.
Two of them, "Tough" and "Joy Ride" have begun running now, the third, "Custom Made," will start airing later this month. They'll be rolled out absolutely everywhere a commercial can be shown, and they'll be joined by banner ads and Facebook activity. We could tell you what the new Smart ads are about, but remember, they're only bite-sized, and you'll find all three just below.

Daimler wants to cut EV research spending as it preps EQ

Daimler AG is hoping that the legwork it's done preparing its EQ electric-vehicle sub-brand will allow it to slightly reduce annual spending on plug-in vehicle technology. The Mercedes-Benz parent is looking to cut electric-vehicle research-and-development spending to $13.2 billion in 2017 from about $15.4 billion this year, Bloomberg News says, citing comments Daimler CEO Dieter Zetsche made to journalists in Hamburg, Germany, this week. Daimler's annual R&D spending is up from about $11.5 billion in both 2013 and 2014. Like its competitors – for example Audi and BMW and its i sub-brand – Daimler is aiming to have as much as 25 percent of its annual vehicle sales be battery-electric within the next 10 years as part of an effort to meet stricter greenhouse-gas emissions mandates in both Europe and North America. In fact, Mercedes-Benz and Daimler's Smart division collectively have at least 10 electric-vehicle models on their slates during the next few years, though Zetsche said the German automaker will continue to find ways to make its gas- and diesel-powered vehicles more fuel-efficient as well. Daimler introduced a concept version of the Generation EQ electric SUV at the Paris Motor Show late last month. It comes powered by two electric motors and is made up of a combination of steel, aluminum, and carbon fiber, and boasts a 311-mile single-charge range (on the relatively lenient European testing standards). The SUV also has 402 horsepower, and the ability to go from 0 to 60 miles per hour in less than five seconds. Zetsche said at the time that Daimler was prepping powertrains and platforms for electric sedans, wagons, coupes, and roadsters, in addition to SUVs. Additionally, Daimler's Deutsche Accumotive unit is producing the lithium-ion battery packs for the EQs. Featured Gallery Mercedes-Benz Generation EQ Concept: Paris 2016 View 19 Photos News Source: Bloomberg News via Automotive News-sub.req. Green Mercedes-Benz smart Electric eq mercedes eq