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Recharge Wrap-up: Georgia gets E15, new PSA EVs will be cheaper and offer more range

What would it be like to test drive a gasoline-powered car in an EV-dominated world? A post by Tibor Blomhall at Tesla Club Sweden gives a glimpse into this alternate universe. The review begins by noticing the pushiness of the dealer at the "repair shop" that sells the car, which is cause for suspicion - a clear nod to Tesla's lack of such franchise dealerships. Of course, the author mentions the noise, vibration and the smell of the exhaust. He notes the inefficiency of the idling vehicle and its less-than-smooth operation, particularly when it comes to changing gears. The one plus: refueling is quick. The downsides, though, are that the fuel is toxic, dangerous and expensive, and you can't refuel at home. "Imagine if you could charge your electric car only at the power companies' most expensive fast chargers - and nowhere else!" Read more at Tesla Club Sweden. Georgia's first E15 station opens Friday, May 8. The Gulf Quick Stop Food Store at 855 S Cobb Drive SE in Marietta, Georgia will offer the 88-octane E15 ethanol blend. Two other Gulf locations in Madison and Greensboro will also offer E15 in Georgia. Customers at the Marietta location can enjoy "Happy Hour" pricing from 4 to 5 pm on May 8, and festivities include music, a concert ticket giveaway, face painting and a moon walk. State officials will be present for the celebration. Read more at Domestic Fuel. PSA/Peugeot-Citroen says its second-generation EVs will be less expensive and offer more range (surprise). The company is also planning to launch a plug-in hybrid in 2019 using the company's EMP2 platform, shared by the Peugeot 308 and Citroen C4 Picasso. "PSA will make pure electric cars from the bottom of the market upwards based on the new platform by the end of the decade," says a PSA spokesman. As for the plug-in hybrid, PSA CEO Carlos Tavares says, "We have completed the architectural aspects and are currently deciding on the battery technology." Read more from Automotive News Europe. Related Gallery 2014 Peugeot 308: Frankfurt 2013 View 23 Photos News Source: Domestic Fuel, Automotive News Europe, Tesla Club SwedenImage Credit: Citroen Green Tesla Citroen Peugeot Alternative Fuels Ethanol Electric recharge wrapup

Tesla sold 6,892 Model S EVs in Q4, stock jumps in afterhours trading

Quarterly shareholder letters, with accompanying financial results, are an opportunity for companies to crow about their recent progress and instill excitement about future expectations. Tesla Motor's latest such release reveals it's coop is rife with roosters in full song. And for good reason. The California automaker announced today it earned $46 million in 4th quarter of 2013 on a non-GAAP basis – under generally accepted accounting principles (GAAP), which calculates leasing and stock-based employee remuneration differently, it actually lost $16 million – selling 6,892 very lovely Model S electric sedans in the process. Further, it passed its predicted 25 percent gross profit margin on its cars, hitting 25.8 percent on a non-GAAP basis. This means, for the fiscal year of 2013 it sold 22,477 vehicles in total and had over 2.5 billion in (non-GAAP) sales, which includes, of course, supply and development deals with Toyota and Daimler. TSLA has jumped to a record high in the $217 neighborhood. That's pretty durned good, and the stock market would seem to agree. With the financials results dropping just after the NASDAQ's close, the price for TSLA has jump around 12 percent – over $23 as of this writing – to a record high in the $217 neighborhood. Those share price increases aren't just based on past performance, though. The info drop also included plenty of things to indicate the future bodes well. The company expects both sales and production to continue to rise throughout 2014, with a new assembly line expected to help churn out 1,000 cars per week in the 3rd quarter and profit margins projected to hit 28 percent by the end of the year. On the demand side, Tesla's CEO Elon Musk stated during the conference call that he doesn't expect the company to be able to meet the demand that's coming from China. Its new Beijing store is now the company's biggest and busiest and deliveries don't even begin until spring. While European sales are a little slower than anticipated, the exec said he believes it will improve as soon as the company irons out a few technical difficulties that have arisen with charging amongst the different territories there. Apparently, not all power grids operate in exactly the same way. Speaking of reservations for the upcoming Model X SUV, Elon said demand is high. Quote: "If you are going fishing, fish are actually jumping in the boat." That vehicle is only expected to start reaching customers next spring.

Recharge Wrap-up: Formula E gets more power, Tesla outsells competition

Tesla sold significantly more electric vehicles than its competitors in 2015. Tesla delivered 50,580 vehicles in 2015. 208 of those were its new Model X SUV, and likely half of its Model S units were sold in the US. By comparison, Nissan sold 17,269 Leafs. For General Motors, through the end of November, Cadillac sold 1,024 ELRs, while Chevrolet sold 15,393 Volts and 2,477 Spark EVs. Ford sold similar numbers of its plug-in vehicles in 2015, compared to Nissan and GM, putting each of those automakers between 17,000 and 19,000 EVs. By comparison, Tesla had quite a year. Read more at Teslarati. Lexus is teasing an "unprecedented" world premiere at the 2016 Detroit Auto Show. The automaker is rumored to debut its LC 500, powered by a 465-horsepower, 5.0-liter V8, as well as the LC 500h using a hybrid powertrain consisting of a V6 engine and electric motor. The LC 500h is rumored to produce over 470 horsepower. The Lexus LC will be based on the LF-LC concept that debuted in Detroit in 2012. Lexus has set up a dedicated microsite for its presentation at the Detroit show on January 11. Read more from Hybrid Cars. Formula E will raise its power limit for its third season. According to the newly published FIA Formula E 2016 Technical Regulations, output will be boosted from a maximum 200 kW (268 horsepower) to 250 kW (335 horsepower). While race energy will still be limited to 28 kWh, the battery weight limit has been raised from 200 kilograms (441 pounds) to 230 kilograms (507 pounds), likely to help accommodate the higher output. Meanwhile, overall car weight drops from 888 kilograms (1958 pounds) to 880 kilograms (1940 pounds). Lighter, more powerful cars should make the next season of Formula E even more exciting. Read more at Current E. Related Gallery Lexus LF-LC Concept: Detroit 2012 View 11 Photos News Source: Telsarati, Hybrid Cars, Lexus, Current E, FIA Formula EImage Credit: Formula E Green Motorsports Detroit Auto Show Lexus Tesla Electric Hybrid recharge wrapup