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Tesla opens its patents for everyone to share EV knowledge
Fri, 13 Jun 2014By Michael Karkafiris Motor Industry 13 June 2014 10:43 Elon Musk, CEO of Tesla Motors and one of the most talked-about personalities in the automotive industry, announced today that his company has opened all of its patents to make way for the competition to catch up and promote electric mobility for a wider audience. Open-sourcing your patents is a rather unusual strategy in the automotive world but Musk says that ‘Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal.
£10 million cash boost for Lotus
Tue, 26 Nov 2013Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.
2013 Lotus Evora gets $68,285 base price
Tue, 23 Oct 2012Lotus is adding its Intelligent Precision Shift automatic transmission to the supercharged version of the Evora for the 2013 model year. The automatic was available on the naturally aspirated Evora for the 2012 model year, while the Evora S offered only a six-speed manual. The base 2013 Lotus Evora carries a sticker price of $68,285 including $1,485 in destination, while the S model with the rear seats will sticker at $80,085.