New York close to Reva EV plant deal
Reva, an electric-car maker based in Bangalore, India, plans to work with Bannon Automotive, a Long Island electric-car firm, to build a three-door hatchback at a still-to-be-determined site near Syracuse.
The plans, which await final approval from Reva’s full board, were reported by the Post-Standard, a Syracuse newspaper, which noted that it was “not clear how much of the company’s financing package is complete.”
Only a couple of electric car plants currently exist in the United States, and electric cars have yet to hit the roads in large numbers.
Tesla plans a power-train plant in Palo Alto, though it is still looking for an assembly plant site for its Model S.
Fisker Automotive, another California start-up, plans soon to announce the site for a United States plug-in hybrid plant, according to Dow Jones.
The company recently received $529 million in loans from the Department of Energy.
Global Electric Motorcars, a Chrysler subsidiary, also makes electric cars in Fargo, N.D.
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Elon Musk could help rebuild Puerto Rico with solar-powered electricity grid
WASHINGTON - Puerto Rico’s governor Ricardo Rossello has said that he will speak to Elon Musk after the Tesla inventor said his innovative solar power systems could be used to restore electricity on the island.
Mr Musk was mentioned in a tweet, referencing an article discussing ways to restore Puerto Rico’s power grid, which was knocked out by Hurricane Maria on September 20.
Restoring the ageing and already-weakened network has proved slow: as of Friday 90 per cent of the island remained without power. The island’s electricity company was declared bankrupt in July.
Mr Musk was asked: “Could @ElonMusk go in and rebuild #PuertoRico’s…
