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Toyota Pulling the Plug on RAV4-EV

2014-05-19 00:34:08| AutomotiveDigest.com - Automotive Industry News

Toyota is pulling the plug on the RAV4-EV, the battery-electric version of the soft-roader it introduced two years ago with the help of electric vehicle start-up Tesla Motors. This years phase-out of the RAV4-EV comes as the Japanese giant gets ready to launch its new hydrogen-powered FCV, which made its debut at the Tokyo Motor Show last autumn. While it has been the most successful manufacturer of conventional hybrids, Toyota has repeatedly expressed its concerns about pure battery-electric vehicles relying on advanced lithium-ion batteries. The move also comes as Tesla gets ready to launch its own, first battery-electric SUV, the Model X due to market sometime in 2015. READ MORE The Article Toyota Pulling the Plug on RAV4-EV appeared first on Automotive Digest.

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Plug Power PT Lowered to $6.00

2014-05-15 20:24:35| Electronics - Topix.net

The firm currently has an "outperform" rating on the stock. Citigroup Inc.'s price target points to a potential upside of 57.07% from the stock's previous close.

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Movers & Shakers: Plug Power slides on results; Fossil down on outlook

2014-05-14 23:31:55| Electronics - Topix.net

Plug Power Inc. dropped Wednesday after the fuel-cell company reported weak quarterly results, while a downbeat outlook weighed on Fossil Group Inc. retreated 6.9% after the firm reported a first-quarter per share loss of 6 cents on an adjusted basis, and sales of $5.57 million.

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Plug Power 1st-qtr loss widens on stock warrant charges

2014-05-14 22:31:45| Electronics - Topix.net

Fuel-cell maker Plug Power Inc's net loss rose more than eight-fold in the first quarter, hurt by a $68.4 million charge related to its stock warrants.

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Plug Power: This Former High-Flyer Faces A Lot Of Uncertainty

2014-05-11 22:53:46| Electronics - Topix.net

Numerous dilutive offerings and a history of shareholder disappointment form a negative bias toward the Plug Power's future, but that might change soon.

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