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Tesla to produce zero-emission sedan in Silicon Valley

Tesla's zero-emission car, the two-seat "Roadster" sports car, is on sale in Europe and the US. The company last week said it will ramp up production of the Roadster, which has a price tag of about 100,000 dollars, due to soaring demand.
by Staff Writers
 Washington (AFP) Sept 17, 2008
 Tesla Motors Inc. will build a 250 million dollar plant in California's Silicon Valley to produce its new battery-powered sedan, the company said Wednesday.

Construction of the plant, about 20 minutes from Tesla's headquarters in San Carlos, California, is set to begin in mid-2009, with the first sedans expected to be ready in late 2010.

Company leaders expect the initiative to help the company. "The company has clearly taken production of all-electric vehicles to the next level, and the Model S assembly plant will dramatically accelerate our growth," Tesla chairman Elon Musk said in a statement.

The "Model S" car is a five-passenger sedan run by a lithium-ion battery pack that is expected to power the car for about 240 miles (385 kilometers) per charge. The car has an estimated price of 60,000 dollars.

Tesla's other zero-emission car, the two-seat "Roadster" sports car, is on sale in Europe and the US. The company last week said it will ramp up production of the Roadster, which has a price tag of about 100,000 dollars, due to soaring demand.

Tesla, founded in 2003, specializes in the environmentally-friendly, electric cars that many car manufacturers are starting to produce.

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CAR TECH
General Motors looks for a jolt from electric Volt
 Detroit (AFP) Sept 16, 2008
 General Motors Corp. honored its past and put the spotlight on its future Tuesday rolling out the production version of the new electric Volt as celebrated its centennial.






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