The iconic hybrid is getting a facelift, but will that be enough as it’s squeezed between electric vehicles and more fuel-efficient cars? [Read more…] about The Next Generation Prius Revealed: Can It Compete In A Tesla World?
Acknowledge the women in a group first. Wait three beats before replying to make sure somebody has finished speaking. Follow up with a call or email when you say you will. These are just a few of the recommendations that make up a new Lexus program designed to turn the daunting dealership into an appealing destination. [Read more…] about Lexus is changing the way it sells cars. Step one: Stop ignoring women.
Toyota plans to do for fuel cells what its Prius did for hybrids: make them ubiquitous and top of mind for environmentally conscious consumers. The automaker is gearing up to introduce its hydrogen-powered sedans in California, Japan, and Europe early next year, banking that an attractive exterior and sporty design will create a market for cars that emit only water vapor. The Mirai will cost $57,000, with 3,000 to be produced for California buyers. Toyota has opened up its fuel-cell patent to the public and invested millions of dollars in helping to develop an infrastructure of hydrogen-refueling stations in California, New York, and New England, a bold move given skepticism over whether fuel cells can perform as well in colder climates.
For making long-range electric cars a quickly expanding reality. Founder and CEO Elon Musk’s reputation for disruption is well earned. First he showed that battery-powered cars are not only possible but desirable, with sales of the Model S—the company’s first mass-market luxury sedan than can travel 300 miles, at a steady 55mph, on a single charge—growing exponentially in the U.S., China, and across Europe. Now Tesla is building a family, with plans to roll out the Model X, a seven-passenger, all-electric luxury SUV early next year and to develop its more affordable (think: under $35,000) Model III to bring battery power to the common man. To prepare, Tesla is partnering with Panasonic to build a “gigafactory” that will allow Tesla enough battery capacity to build up to half a million vehicles a year. Tesla inspires rabid fandom, but it’s got the numbers to justify it: Its market valuation exceeds $30 billion, which is more than half the market cap of G.M., the largest U.S. automaker. [Read more…] about The World’s Top 10 Most Innovative Companies of 2015 in Automotive
Tesla stands alone in pushing the limits of battery power: developing the software to make its all-electric Model S sedan the most advanced semiautonomous car on the road, equipping its cars with a dual-motor all-wheel-drive powertrain, and preparing to introduce its second vehicle—a seven-passenger luxury SUV called the Model X—late this year. That’s not to mention plans for its third car—the Model III—an affordable (think $35,000) cousin sedan to the flagship Model S, or its $5 billion Nevada Gigafactory, where it will build enough lithium-ion battery packs to supply half a million vehicles annually. [Read more…] about No. 17: Tesla
Lagos, Nigeria, is home to 21 million people, but only 40% of their trash is collected. The rest ends up in heaps, spreading disease. To lessen the burden, a local named Bilikiss Adebiyi-Abiola launched the recycling startup Wecyclers. Its challenge: Teach people to care about trash.