2016 Tesla Model S on 2040-cars

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Recharge Wrap-up: BorgWarner buys Remy, Citroen's Bluesummer

BorgWarner will buy Remy International. The auto parts maker, known especially for its turbocharging technology, will buy Remy, a maker of electric motors for EVs and hybrids, in order to better compete in a growing electrified vehicle market. In a deal expected to close late this year, BorgWarner has offered to buy 32.2 million shares of Remy at $29.50 each for a total of about $950 million. Remy did about $1.2 billion in sales in 2014. Read more from Reuters. Deliveries of the Tesla Model S P85D will begin soon in Hong Kong. Some customers there have received emails from Tesla saying, "Your Model S is ready to enter production," and asking for registration information. Hong Kong is likely to be one of the first locations to receive the right-hand-drive version of the P85D. The first deliveries are expected in late August. Read more at Inside EVs. Tesla Motors has hired Ganesh Srivats as its vice president for sales in North America. Srivats is the former senior vice president at British luxury fashion brand Burberry. The hire will help Tesla build its luxury lifestyle image as the company enters more markets around the globe. "If Tesla is thinking that they are selling a lifestyle and a way of thinking, then someone from Burberry could be the right choice," says Ken Harris of Cadent Consulting Group. "Burberry gets lifestyle." Earlier this year, Tesla reassigned its vice president of worldwide sales and service Jerome Guillen, and created separate sales positions for North America, Europe and Asia. Read more from Bloomberg. Citroen will distribute Bollore's four-seat, electric convertible, the Bluesummer. Bollore Group and PSA Peugeot Citroen recently announced that the funky EV would be built at PSA's plant in Rennes, France beginning in September. While it originally appeared that the Bluesummer would be available through carsharing programs, Citroen now says it will sell the Bluesummer through its dealership network. "This partnership with the Bollore Group is an opportunity for the Citroen network to increase its sales by attracting to its showrooms new customers who like the originality and freshness of the Bluesummer and thus promoting all the vehicles in the range," says Philippe Narbeburu, sales director for Citroen France. Read more in the press release below.

Watch two women fall in love with Tesla Model S P85D

When we come across videos of women reacting to acceleration, it often involves an insanely high-horsepower ICE coupe with a bro behind the wheel sitting next to a buxom lass in something like a bikini top she borrowed from her two-year-old sister. This particular video, however, has almost none of that: no internal combustion engine, no bros, no itsy bitsy teenie weenie bikinis. Being the Tesla Model S P85D, though, it does have Insane (mode) acceleration and huge horsepower, and this video features two women enjoying what it can do from a standstill. Two times. We'll skip the bushel of loaded comments, since the video says all that needs to be said. Besides, it makes dudes giddy as well. And as if you needed any more proof of that the Tesla goes wicked quick, keep an eye on the cellphone in the cupholder at nine seconds in. News Source: EV Obsession Green Tesla Electric Luxury Performance Videos Sedan acceleration

Tesla China president steps down after fewer than 9 months on the job

In July, 2013, before Tesla had delivered its first car to China, CEO Elon Musk called the country a "wild card." A year on, that continues to be the case, with media reports all over the spectrum concerning how Tesla is doing in China. The immediate future won't be any calmer with news that Tesla China president Veronica Wu has resigned from the company, having just taken the job in April. Hers follows the sudden departure of Kingston Chang, the man she replaced; he was hired away from Bentley China in March, 2013 and left in March of this year citing personal reasons. Observers have put the latest departure down to the difficulties of Tesla's expansion efforts. In spite of widely acknowledged pent-up demand and the Model S being priced below expectations in China, the company has stumbled a few times navigating issues such as customs paperwork, on-time customer deliveries, navigation systems with local mapping and the installation of charging equipment for customers in rural areas. Speculative articles questioning the company's actual sales numbers in China inflate the narrative of a "speed bump" in the way of Tesla's ambitions. Tesla China's head of charger network development, Tom Zhu, will run the company in the interim.