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Elon Musk's Hyperloop idea still in motion

After teasing the concept in 2012, Tesla CEO Elon Musk released some thoughts on a high-speed transportation project called the Hyperloop in 2013. He then promptly renounced any claim on the idea and said he would not actually build the open source project. The hyperloop didn't die, though, and is still attracting new brainpower. Hyperloop Transportation Technologies was officially formed with a JumpStartFund late last year, a few months after Musk made the concept public. The company has since grown into a collective of about 100 engineers who have full-time gigs with companies such as Boeing, Airbus, NASA and, of course, Musk's own SpaceX, Wired says. Some students at UCLA are taking part in the design process, which is detailed in a new "crowdstorm" document. The idea behind the Hyperloop is to build above-ground tubes where passenger capsules devoid of friction (with the help of either air compression or magnetic levitation) can travel up to 800 miles per hour between cities such as Los Angeles and San Francisco. The HTT collective is already talking about having economy- and business-class capsules. The good news is that the group says the early predictions for Hyperloop remain realistic. That means a timeframe of about a decade to complete the first system with a price tag of between $6 billion and $10 billion is still on the table. For now, at least. Hyperloop Transportation Technologies, Inc. Announces New Designs, Crowdstorming Document and Core Team EL SEGUNDO, Calif., Dec. 19, 2014 /PRNewswire/ -- Hyperloop Transportation Technologies, Inc. powered by JumpStartFund announced today the crossing of major milestones, bringing the company closer to the goal of creating a working high speed mass transit system. These milestones include the finalization of the company's 100 core team members and the publishing of a new crowdstorm document. Recently acquiring its 100 core team members, Hyperloop Transportation Technologies is powered by the unique collaboration platform JumpStartFund. These 100 members are professionals, engineers and designers from some of the most esteemed organizations on the planet, including Boeing, Airbus, NASA, Harvard, UCLA, Stanford, and others, collaborating globally in the U.S., Asia, Australia and Europe. The company released a new crowdstorm document expanding on concepts and sharing the most recent developments produced by the company. Highlights from the paper include a detailed cost, route and safety analyses.

Recharge Wrap-up: Porsche Mission E charging for Tesla, net zero energy Toyota dealership

Porsche has confirmed that its Mission E charging infrastructure will also work with Tesla vehicles. The ultra-fast, 800-volt charging system will recharge the Mission E to 80 percent in about 15 minutes, and will also service new EVs from Volkswagen and Audi. Porsche CEO Oliver Blume told Top Gear that development of the charging infrastructure "sounds easy but getting the details agreed is hard. We already have the clear technical concept. It can even work with Teslas, with an adapter." Dieter Zetsche, Head of Mercedes-Benz, also tells Top Gear that they are "in talks" with Porsche regarding charging infrastructure. Read more at Top Gear, or from Electrek. An Oregon Toyota dealership is set to be the world's first net zero energy automotive dealership. The newly constructed, LEED Platinum certified Toyota of Corvallis produces more energy than it consumes, for which it is expected to receive Net Zero Energy certification. The 34,800-square-foot building is equipped with enough solar panels to produce as much energy that the dealership will use, with excess being put back into the grid, which will help during hours of peak demand. Toyota Motor Sales regional manager Steve Haag calls Toyota of Corvallis, "a first-of-its-kind template for the auto dealership of the future." Read more from Toyota. Valeo has introduced a new 48-volt hybrid system. The 48V e4Sport, as it is called, uses a 48-volt battery, electric starter-generator, electric supercharger, and eRAD electric rear axle drive for all-wheel drive. It maximizes regenerative braking and stores that energy for increasing torque with the starter-generator, and increasing acceleration with the electric supercharger. The system also supports all-electric driving modes. Valeo says the system is applicable across all vehicle segments, and works with both gasoline and diesel engines. Read more at Green Car Congress. PSA Group has created its own mobility solutions brand, called Free2Move. Free2Move will handle programs like car sharing, connected services, corporate fleet services, and affordable leasing programs for Peugeot, Citroen, DS, and other PSA partners. "For the PSA Group, mobility means not only making and selling excellent cars, but also offering a full range of mobility solutions," says PSA Group VP of Mobility Services Gregoire Olivier.

Is BMW the only real competition to Tesla Motors?

Tesla Motors chief Elon Musk probably isn't losing a ton of sleep over the new plug-in efforts by the makers of the "Ultimate Driving Machine," but maybe he should. That's what the Motley Fool is saying, presenting the case that the California company's real competition will come from BMW. What about the plug-in efforts of General Motors or Ford? Musk can hit the snooze, Motley Fool says. Unlike automakers that are "jamming battery packs into the existing vehicle design," BMW has built its i3 battery-electric and i8 plug-in hybrid supercar from the ground up. Like Tesla, BMW puts its battery packs into the floor of its vehicles. Most importantly, the i3 - and especially the i8 - are real performers. While the i8 is about 40-percent more expensive than the Tesla, it matches the Model S's 0-60 mile per hour acceleration times and handily beats its top speed figures. Tesla sold about 6,900 vehicles during the last three months of 2013 and BMW had more than 10,000 i3 orders on the books by late November and the first year's allotment of i8s is already sold out. The German automaker has what the Fool calls an "outside chance" of selling more plug-in vehicles than Tesla by next year, but Tesla is gearing up its gigafactory to get ready to sell a half-million EVs in 2020, so the race is most certainly on. You can read more over on the Fool.