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    • By dfelt
      G. David Felt
      Staff Writer Alternative Energy - www.CheersandGears.com
       
      2017 Chevy BOLT's Production Ramping UP

      Reuters is reporting that GM has decided to ramp up BOLT production at the Orion assembly plant. Currently every fifth car on the assembly line is a Bolt. The Orion plant is capable of building 90,000 auto's a year with a single workers shift. GM has stated a goal of 30,000 BOLTs which does take into account the European model that is also being built here and shipped over seas. Currently the other auto's being built are the gas powered Chevrolet Sonic sedan and hatchback. With sales falling off on the Sonic, this gives room to continue to increase all year long the production of the BOLTs if the public demands them.
      Reuters does state that GM has confirmed that there car sharing operation, Lyft will be getting many of the BOLTs first at the same time they declined to stated how many pre-orders have been received. Yet GM has increased production implying that demand is much greater than estimated.

      GM's flexible production line continues to show how easy it has become to build an auto with a gas powered drive train and then on the next auto bolt in the battery pack. They say they could if needed offer some overtime and build on Saturday before they end up moving to a second shift.
      Growth in America's rust belt. 
    • By dfelt
      G. David Felt
      Staff Writer Alternative Energy - www.CheersandGears.com
       
      Tesla / Solarcity merger, Brilliant or Disaster?

      Tesla announced their intent to buy SolarCity and some screamed the sky is falling. Tesla moves forward with offering a complete home solution of Solar panels, battery bank and 220V charging for your Tesla and believes they have the future tied up in a single one stop shopping solution that beats all the other Auto OEMS.

      The merger final vote by Solarcity shareholders is scheduled for Nov 17th 2016. Yet with this deal not done yet, there are many that have divided into two camps, those that think this is brilliant such as reported by Barron's yesterday that ISS one of the largest outside analyst groups that advises shareholders on mergers gave it's blessing to what they believe is an outstanding tie up of two companies that can maximize return on investments. Barron's believes that Tesla has addressed all the concerns that allow for a successful merger of the two companies and a maximizing of complementary products.
      Barron's Story
      One CNBC story feels that this merger might even be a little late. They agree that Solarcity will provide about $1 Billion next year in revenue to the new merged company and add about $500 million in cash to the Tesla corporation over the next 3 years.
      CNBC Story
      Then you have the latest story also from CNBC where a different analyst believes this is nothing but one large mistake and that is due to what he sees as an impossible return on the investment. Yet even with that he also points out to strong supporters such as Ron Baron who ownes 1.5 million shares that see a 30 to 50 times return on the stock due to the merger. 
      CNBC Story 2
      Yet with all this,  “Playing Amish Paradise in my Tesla,” Musk shared with his 5.8 million Twitter followers on Sunday we have the man himself seeing a much simpler life for us all in the new EV world.
       
      So what is your thoughts on this whole merger and the new EV world Musk sees for us all?
       
    • By dfelt
      G. David Felt
      Staff Writer Alternative Energy - www.CheersandGears.com
       
      Tesla Ends Free Charging Jan 1st 2017

      Tesla has announced the end of their free supercharging for all new auto's starting January 1st 2017. CNBC has reported that Tesla has informed them that all auto's sold starting Jan 1st 2017 will only come with a free yearly use of 400KWh or equal to about 1000 miles of driving. After this users of their Supercharging stations will have to pay local electrical rate fee's up to a certain point. This is to allow Tesla to grow their north american network from the current 734 stations with 4600 superchargers. Their superchargers charge a 170 mile range in 30 min. Tesla also has stated that the cost to charge can and will fluctuate over time depending on the time of year and regional area due to the costs of electricity in that area. With Tesla planning to product annually 500,000 cars a year starting in 2018, many think this is necessary to grow. Others feel differently and further yet some wonder if they sell their existing Tesla S, does the life time of free charging transfer with the car to the new owner? This in itself could enhance resale of older tesla's built before January 1st 2017. 
      Tesla has stated that more defined details will be released by the end of 2016. At this time, if you want lifetime free charging, buy your Tesla S or X now and take delivery by April 17th 2017.
      CNBC story
    • By William Maley
      Fiat Chrysler Automobiles is going to be milking the LX platform for all its worth till at least 2020. Automotive News has learned from two sources that FCA won't redesign the Chrysler 300, Dodge Challenger, and Charger until 2021 when they will transition onto the Giorgio RWD platform. This information confirms hazy details mentioned in a contract highlighter for Unifor members in Canada. The highlighter mentions a $242 million investment into the plant at Brampton, Ontario - home of LX production - to rebuild its paint shop.
      Originally, the plan was to have the next-generation 300, Challenger, Charger out by 2019. Now with plans moved to 2021, FCA will be doing another refresh in 2018.
      The sources also mention that one of three vehicles will be discontinued in 2021, most likely the 300. 
      Source: Automotive News (Subscription Required)
      Pic Credit: William Maley for Cheers & Gears

      View full article
    • By William Maley
      Fiat Chrysler Automobiles is going to be milking the LX platform for all its worth till at least 2020. Automotive News has learned from two sources that FCA won't redesign the Chrysler 300, Dodge Challenger, and Charger until 2021 when they will transition onto the Giorgio RWD platform. This information confirms hazy details mentioned in a contract highlighter for Unifor members in Canada. The highlighter mentions a $242 million investment into the plant at Brampton, Ontario - home of LX production - to rebuild its paint shop.
      Originally, the plan was to have the next-generation 300, Challenger, Charger out by 2019. Now with plans moved to 2021, FCA will be doing another refresh in 2018.
      The sources also mention that one of three vehicles will be discontinued in 2021, most likely the 300. 
      Source: Automotive News (Subscription Required)
      Pic Credit: William Maley for Cheers & Gears
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