It's hard to start a car company. Really, really, really, really, really hard. Which is why little Wheego Electric Cars is having a tough time of it at the moment. Last week, CEO Mike McQuary told industry trade journal Automotive News that the company was "living hand-to-mouth" and that its first 200 cars "will creep out as we raise money." This...
With Chevrolet on track to complete its rollout of the 2011 Volt range-extended electric car to all 50 states by the end of this year, the carmaker is turning its sites to other countries. And it's starting next door in one of the two closest foreign countries to the U.S., one right on our border. No, not Mexico. It's Canada. Remember, the very...
The big unknown in global efforts to reduce carbon emissions is China. It is industrializing at a rapid pace, and a burgeoning middle class has savings galore to spend on its first automobiles--including luxury European brands. By some estimates, the world's current 800 million vehicles will grow to as many as 2.5 billion by 2050. Virtually all...
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