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China Tesla driver goes crowd-funding route to get chargers installed

Tesla Motors has at least one Chinese businessman in its corner. Andrew Zong, CEO of heat-pump maker PHNIX, recently engaged in a bit of crowd-funding to establish a charging network for new owners of the Model S battery-electric sedan throughout at least part of the world's most populous nation. And it's good publicity, of course. Zong hatched a plan to buy 20 electric-vehicle chargers from Tesla after picking up his new sedan in Beijing and realizing he'd have a hard time recharging in on the 1,300-mile drive south to Guangzhou. Zong then went onto online sites such as WeChat and Weibo and solicited volunteers to install his chargers. And after more than 3,000 miles worth of driving (or about a dozen or so odd recharging sessions), Zong got his 20 chargers installed. You can read PHNIX's press release below. Zong's efforts are a far cry from those of fellow Chinese businessman Zhan Baosheng, who registered for the trademark on the Tesla name in the country in 2006. Zhan, who has long been scuffling with the California-based automaker, recently sued Tesla for trademark infringement and was seeking almost $4 million in damages. That would buy a lot of chargers. Crazy Charging Plans for Tesla GUANGZHOU, China, July 10, 2014 /PRNewswire/ -- "When I picked up my Tesla in Beijing, I realized that it's impossible to drive it back to Guangzhou as there are hardly any places to recharge the batteries," Andrew Zong, the CEO of PHNIX and also one of the first Chinese Tesla owners, said this to reporters. As a result, Andrew Zong got a crazy plan that by utilizing the power of the Internet and folk strength, he could make the first charging facility network in China to solve the electric vehicles' charging problems. With this plan, Andrew Zong bought a batch of original chargers for Tesla and promised that he would donate all the chargers to new-energy-loving car owners. Next Andrew Zong posted on online social network platforms, like WeChat and Weibo, to recruit volunteers who were willing to provide installation sites and offer free charging service for Tesla motors. During the next three days, there were thousands of volunteers applying to install charging piles at their places. Taken everything into consideration, 20 of the volunteers were selected. During the following twenty days, Andrew Zong and his companions have self-driven his Tesla for 5,750 kilometers via sixteen cities, in which they have donated twenty charging piles.

Recharge Wrap-up: Tesla P85D upgrades coming soon, lease a Chevy Volt for $149 a month

CarCharging has raised $6 million from shareholders and has restructured to save cash. The EV charging company plans to expand further in 2015 - with an eye toward achieving profitability - in part by investing in technology and "unlocking the value of our significant equipment inventory," says CarCharging CEO Michael D. Farkas. The group expects to reduce administrative costs by 40 percent, and has hired an interim Chief Financial Officer to help carry out its plans for growth. CarCharging raised the cash through offering convertible preferred stock to its shareholders, whom Farkas thanked "for their passion and patience." Read more in the press release below. Rydell Chevrolet in Los Angeles is offering Chevrolet Volt leases for $149 per month. In a video ad, Rydell offers the Volt for $169 a month with $3,390 due at signing, but another ad shows the offer at $149 a month with $3,550 down or $248 per month with $0 down. Rydell Chevrolet will ship the car anywhere in the lower 48 states. It also appears they offer cupcakes. See Rydell's video below, or read more at Inside EVs. Tesla will upgrade the Model S P85D with higher performance and top speed. The free update, which is due "in the next few months" according to a statement from Tesla, will raise the electronically limited top speed from 130 to 155 miles per hour. "Additionally, an over-the-air firmware upgrade to the power electronics will improve P85D performance at high speed above what anyone outside Tesla has experienced to date," Tesla says. The update will be available for the lifetime of the car, which includes subsequent owners. Read more at Green Car Reports. Car Charging Group Completes $6 Million Capital Raise Concurrently Enacts Restructuring Actions to Reduce Cash Burn MIAMI BEACH, Fla., Dec. 29, 2014 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging" or the "Company"), the largest owner, operator, and provider of electric vehicle (EV) charging services, today announced that it has closed an offering (the "Offering") and raised net proceeds of up to $6 million with current institutional shareholders. The Offering consisted of convertible preferred securities with a conversion price of $0.70 and warrants exercisable at $1.00. Proceeds will be used to: - Strengthen CarCharging's balance sheet; - Build on the past year's progress; and - Provide growth capital for expanding the Company's network.

Mustang Bullitt and Hellcat Redeye | Autoblog Podcast #549

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor Alex Kierstein and Green Editor John Snyder. They discuss driving the 2019 Ford Mustang Bullitt and the (deep breath) 2019 Dodge Challenger SRT Hellcat Redeye Widebody. They also recap this week's crazy Elon Musk news, and talk about the car brands they'd like to resurrect in the U.S. As always, they then help a listener pick a new car in the "Spend My Money" segment of the podcast.Autoblog Podcast #549 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we've been driving: 2019 Ford Mustang Bullitt and 2019 Dodge Challenger Hellcat Redeye Elon Musk might privatize Tesla Brands we want back Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Green Podcasts Dodge Ford Tesla Car Buying Used Car Buying Coupe Electric Performance bullitt dodge challenger srt hellcat redeye