ELECTRIC CHARGE: Silicon Valley-based Tesla will be offering a $60,000 five-passenger luxury sedan powered by lithium-ion battery packs. It's part of the company's new $250 million assembly facility where the first sedans are likely to roll off the assembly line in late 2010. The new plant is expected to produce at least 15,000 sedans — up to 30,000 with the addition of a second shift for sale in Europe and the U.S.
Read more in BusinessWeek's coverage.
Print | posted on Wednesday, October 01, 2008 11:29 AM