Tesla’s Electric Stimulus Treatment
A joint partnership between Toyota and electric car manufacturer Tesla Motors, announced Friday, will provide $50 million to the latter firm while giving Toyota access to Tesla's battery technology, a move that will help boost electric car production in the face of Toyota's recent recall setbacks.
A joint partnership between Toyota and electric car manufacturer Tesla Motors, announced Friday, will provide $50 million to the latter firm while giving Toyota access to Tesla’s battery technology, a move that will help boost electric car production in the face of Toyota’s recent recall setbacks. –JCL
TRUTHDIG’S JOURNALISM REMAINS CLEARThe BBC:
Toyota is to invest $50m (£35m) in US electric car company Tesla Motors, as the two firms announced a joint partnership to build electric vehicles.
The deal will give the Japanese giant a stake of about 2.5% in Tesla, which will build its new saloon model at a Toyota factory near San Francisco.
Analysts said Tesla, which was only formed in 2003, will benefit from Toyota’s mass production skills.
In turn, Toyota will be able to access Tesla’s electric battery expertise.
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Haaretz writer Gideon Levy outlines the most effective method to stopping Israel's occupation of Palestine; scientists may have found a battery that "lasts forever"; meanwhile, the anti-Semitism crisis in the U.K.'s Labour Party may have actually been manufactured by the Israel lobby. These discoveries and more after the jump.
Sean Penn isn't known for being a shrinking violet, and he's drawn criticism and applause for taking public political stances on a wide range of topics. However, when Penn registered his displeasure with a photographer in L.A.'s tony Brentwood neighborhood last October, the actor allegedly took things to a physical level -- and now he's facing charges that may land him in jail.
John McCain is showing his commitment to lessening America's dependence on foreign oil by offering a $300 million prize to anyone who can conjure up a superior automobile battery, energy-wise, than the current standard. But at the same time, he's supporting Bush's push to lift the ban on drilling in U.S. coastal waters.
Fuel economy has done wonders for Toyota's bottom line, so the hybrid pioneer has decided to add a plug-in to its lineup by 2010 and will have a hybrid version of every vehicle it makes sometime in the 2020s. Why so long? Because new batteries have to be developed in order to make the plan work.
First came January's "Aqua Teen Hunger Force" faux bomb scare, and now this Boston-area "hoax device" news: MIT sophomore Star Simpson was arrested at gunpoint at Logan Airport on Friday for wearing a computer circuit board and wiring on her black sweatshirt, with "Socket To Me" written on the back. Oops.
In the mad rush to make our gadgets go, a battery manufacturer's slight oversight could lead to disastrous consequences, as in the recent recall of 6 million Sony laptop batteries prone to explosion and fire. Lithium-ion batteries, the kind used in many electronic devices because of their power efficiency, are especially vulnerable to this kind of problem.
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