Hybrid Car Brands

Just who is making hybrid cars these days and what brands are considering making hybrid cars in the future?

Major Hybrid Car Brands
Hybrid cars are currently being built and sold by General Motors, Ford, Honda, Toyota and Nissan. General Motors builds hybrid cars under several divisions including Saturn, Chevrolet, and GMC.  Ford has the Mercury and Ford divisions.  Toyota sells hybrids under the brand name of Lexus .  While Honda and Nissan just sell hybrids under their own name plates.

Toyota
Under the Toyota brand name, there are three models currently on sale. The iconic Prius is almost synonymous with hybrid and is the first car most people think of when they think of hybrids. Toyota also sells the Camry Hybrid and Highlander Hybrid under the moniker of Toyota.

Toyota also has their luxury division, the Lexus hybrids. Under the Lexus brand name, Toyota sells the HS, LS, RX, and GS Hybrids. They keep adding models under the Lexus nameplate, so expect and IS hybrid to arrive soon. The HS hybrid is a dedicated model like the Prius. The others are subtypes under the model. In other words, you can buy gas-only models, or you can opt for the hybrid engine.

Honda
Honda sells the Civic Hybrid under their brand name. They also currently sell the only other dedicated hybrid on the road, the Insight. They used to sell a Hybrid Accord, and the two-seater hybrid Insight, but have retired both models.

Expect to see Acura Hybrids in the future.

Nissan
Nissan has only one hybrid model for sale, the Nissan Altima Hybrid. It is built using hybrid technology from Toyota and is sold in only eight US states. Nissan has plans to bring an Infiniti M35 Hybrid to market in the coming year.

General Motors (Cadillac, Chevy, Saturn, GMC)
They build several models (currently) using the Chevrolet brand. There is the Chevy Malibu and Chevy Silverado. The Chevy Volt, the Extended Range Electric Vehicle (E-REV), will be out soon and while GM considers the Volt to be a subtype of electric vehicle, it still falls under the hybrid type.

GM also builds the GMC Yukon and Sierra. And the Cadillac Escalade Hybrid also falls under the GM brand.

The Saturn brand was at one point, the cornerstone for hybrids under the GM umbrella. But Saturn is no more. You can still see the hybrid Vue and Aura on the road today.

Ford
Ford sells four different models under two different brand names. The Mercury Division sells the Milan and Mariner Hybrid. While Ford retains the Fusion and Escape Hybrid. The Lincoln division will have its own hybrid soon, but it's not here yet. The Mercury hybrids are the upgraded version of the Ford Hybrids, so expect them to be very similar if you take a look at both of them.

Chrysler
Chrysler sold the Aspen and Durango Hybrids for a total of two months before pulling the plug on both models. The Dodge Durango is very similar to the Chrysler Aspen, and both were built using the dual hybrid technology developed in partnership with BMW and GM.

Chrysler at one point had plans to bring a Dodge Ram Hybrid to market, but that seems to be on hold.

Hyundai
Hyundai is jumping in with both feet in the next year, with the Sonata Hybrid. Distinguishing itself from the other hybrids listed above, it's going to be one of the first hybrids to use lithium polymer battery packs, giving it an advantage over some of the more established hybrid models and brands listed above.

Mazda
Mazda has sold the Tribute hybrid in very limited numbers.  The Tribute was built using Ford Hybrid technology, when Mazda and Ford were a lot tighter than they are today.  Now Mazda is looking to partner with Toyota for the technology used in the Prius for their future hybrid model in 2013.

Fisker and Tesla
Fisker and Tesla are both bringing hybrid cars to market (they probably don't appreciate being lumped together given the lawsuits over the past few years). These startups are working hard to go straight to electric or hybrid and are emphasizing performance, rather than fuel efficiency right from the get go.

Audi, Subaru, BMW, Mercedes-Benz, Daimler, Ferrari, Lotus, Kia, Maserati, Porsche, Suzuki, Volkswagen and Volvo
Each of the brands mentioned above are attempting their own hybrid models, and several have brought some noteworthy test models to auto shows. Several are on their way to bringing those cars to market right now, but are still a few years away from seeing them on the road in more than just 'test fleets'. Some are closer than others, while some probably have no intention of ever going hybrid unless they are forced to do so by the tighter restrictions being enforced in Europe, Asia and the US in the coming years.

Looking for more information on one of the brands above?
Either search for the brand name here on this site or use the categories below or on the sidebars.  Each of the major brands listed will have more information that I've accumulated over the years.

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Tesla Receives $465 Million Loan From DOE

The Department of Energy has gone ahead with the loan of $465 million to Tesla Motors, as part of the DOE loan program to advance vehicle technology. The loan agreement was conditional based on Tesla raising some funds on their own. They came through last week, raising $115.3 million in private equity. 

The funds are expected to be used in the Fisker Karma production and on the Nina, a new plug-in hybrid sedan to be built in Delaware.

This is the second loan agreement executed by the DOE. The first was for $5.9 billion to Ford Motor Company back in September, 2009. Other companies, including Nissan, Fisker, and Tenneco are also in line for their loans, but haven't closed.

For more details, read the press release below:

Washington, DC – Today, Secretary of Energy Steven Chu announced the Department of Energy has closed its $465 million loan with Tesla Motors, Inc. for construction of a manufacturing facility in southern California on the Model S electric sedan and a power-train manufacturing facility in Palo Alto, California. The Palo Alto facility will assemble electric vehicle battery packs, electric motors, and related electric vehicle control equipment, both for Tesla’s own electric vehicles and for sale to other automobile manufacturers.

The agreement was negotiated and signed by the Department’s Loan Programs Office, which supports the development of innovative, advanced vehicle technologies to create thousands of clean energy jobs while helping reduce the nation’s dependence on foreign oil.

“This is an investment in our clean energy future that will create jobs and reduce our dependence on foreign oil,” said Secretary Chu. “It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American auto industry.”

Tesla’s planned Model S will consume no gasoline and will not produce any tailpipe emissions. It is being designed to offer a variety of range options depending on the battery pack used, from 160 to 300 miles on a single charge. Volume production of the Model S is planned to begin in 2012 with a target production capacity of 20,000 vehicles per year by the end of 2013. According to Tesla, the Model S project and power-train manufacturing facility are expected to create over 1,600 jobs.

Today’s announcement marks the second loan arrangement agreement signed by DOE with an advanced technology vehicle manufacturer. In September 2009, DOE signed its first loan agreement for $5.9 billion to Ford Motor Company. The Department has also signed conditional commitments with Nissan North America, Inc. and Fisker Automotive. Tenneco Inc. became the first advanced technology component manufacturer to obtain a conditional commitment from DOE in October of last year. Nissan plans to build electric cars and battery packs at the company’s Smyrna, Tennessee manufacturing complex, while Fisker recently announced plans to build plug-in hybrid electric vehicles by reopening a shuttered GM plant in Wilmington, Delaware.

The Department of Energy was appropriated $7.5 billion by Congress to support up to $25 billion in loans to companies making cars and components in US factories that increase fuel economy at least 25 percent above 2005 fuel economy levels. The Department plans to make additional loans over the next several months to large and small auto manufacturers and parts suppliers up and down the production chain. The intense technical and financial review process is focused not on choosing a single technology over others, but is aimed at promoting multiple approaches for achieving a fuel efficient economy.

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Fisker Recieves $528 Million in DOE Loans

Fisker Automotive has been approved to receive $528 million in low-interest loans from the Dept of Energy (DOE) as part of the $25 billion dolloar loan program set up by the federal government.

$169.3 million will be used to finish development and production of the plug-in hybrid sedan Karma which is due out next summer. The Karma is being sold at $87,900 a piece.

The rest of the loan will be used in Project NINA. NINA is part of Fisker's plant to bring a family oriented, user friendly plug-in that will cost $47,400, or $39,900 after tax credits (if you qualify). Fisker is targeting Global sales are predicted to exceed 100,000 units annually starting in 2012.

Fisker estimates the loan will help create or save 5,000 US jobs among auto suppliers and thousands more to manufacture a plug-in hybrid in the US.

NINA comes from the trip by Christopher Columbus, and "is symbolic of the automobile industry’s transition from old world to new"

The $528.7-million low-interest loan "is another critical step in making sure we are positioned to compete for the clean energy jobs of the future," said Energy Secretary Steven Chu.

Tesla received $465 million from the same loan program.

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Tesla Raises Another $85 Million in Funding

Tesla received another $82.5 million in funding from Daimler, Fjord Capital Partners, Aabar and other undisclosed investors. That brings the total investment to $783.5 million.

The most recent round of funding will go to accelerating the new retail locations in Monaco, Washington DC, South Florida and Toronto.

Source: Tesla Puts Another $82.5 Million In The Tank
Techcrunch notes that "Tesla has been on a roll recently" what with the recent fund raising, the government loans and another $50 million in equity that set their value at half a billion.

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Tesla Receives $465 Million in Loans from US DOE

Tesla was approved for low-interest loans from the Dept of Energy to accelerate the production of their affordable, fuel efficient electric vehicles. The loan is part of $24 billion program called the Advanced Technology Vehicles Manufacturing Loan Program (ATVMLP).

Ford and Nissan are also receiving loans in the first round of approvals.  GM and Chrysler were excluded early on because of questions about their viability.

$365 Million on Assembly of Model S
Tesla will use $365 million for production engineering and assembly of the Model S, an all-electric family sedan that carries seven people and travels up to 300 miles per charge.

The Model S, according to Tesla, will have a base price in the mid $50K range, although Tesla expects most consumers will pay only $49,900 after a $7,500 US federal tax credit. They expect production to begin in late 2011. The assembly plant will employ about 1,000 workers.

$100 Million on Powertrain Manufacturing Plant in California
The other $100 million will be used in a powertrain manufacturing plant, which will employ about 650 people. The new plant is expected to be located in California, where Tesla is in the final stages of negotiation.

"Tesla will use the ATVM loan precisely the way that Congress intended -- as the capital needed to build sustainable transport," said Tesla CEO and Product Architect Elon Musk. "We are honored that the US government selected Tesla to be among the first companies to participate in this progressive program."


More on the Model S, Roadster, and new showrooms from Tesla press release:
The Model S sedan features exceptional performance, styling and utility, with unrivaled cargo and passenger space. Its floor-mounted powertrain is the culmination of a half-decade of engineering in the heart of California’s Silicon Valley, where Tesla developed the Roadster.

The highly acclaimed Roadster is the first production battery electric vehicle to travel more than 200 miles per charge and the first US- and EU-certified Lithium-Ion battery electric vehicle. With an estimated range of 244 miles per charge and zero tailpipe emissions, it’s the first production vehicle to offer supercar performance with a clean conscience.

Tesla has never applied for federal funds for the Roadster, an American sports car that consumes no gasoline whatsoever. Tesla expects the Roadster business unit to be profitable in the third quarter. Privately held Tesla will finance sales and marketing for the Model S through private capital.

Tesla has delivered more than 500 Roadsters to customers. Later this month, Tesla will begin delivering its second-generation Roadster and Roadster Sport, an even higher-performance vehicle.

Teslas do not require routine oil changes or exhaust system work. They have far fewer moving (and breakable) parts than internal combustion engine vehicles. They qualify for federal and state tax credits, rebates, sales tax exemptions, free parking, commuter-lane passes and other perks. The Model S costs roughly $5 to drive 230 miles – a bargain even if gasoline were less than $1 per gallon.

The Model S, which carries its charger onboard, can be recharged from any conventional outlet. Three battery pack choices will offer a range of 160, 230 or 300 miles per charge. Tesla is taking reservations online and at its two showrooms in California.

Tesla will expand its network of showrooms this summer with stores in New York, Chicago, Seattle and Miami. Tesla will open its London showroom June 25, followed by Munich and Monaco. Additional stores will be opened in Washington DC and Toronto.

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Government Set to Loan Billions to Ford, Tesla, and Nissan

Ford will receive $5.9 Billion in low interest loans from the US Govt Advanced Technology Vehicles Manufacturing Loan Program (ATVMLP).  The funding will go towards transforming factories in Illinois, Kentucky, Michigan, Missouri and Ohio to produce 13 more fuel efficient models.  Tesla ($465 million) and Nissan ($1.6 billion) were also approved to receive some of the low-interest loans.

From the DOE press release:

Ford Motor Company will receive $5.9 billion in loans through 2011 to help finance numerous engineering advances to traditional internal combustion engines and electrified vehicles. In addition, theses loans will help the company convert two truck plants to the production of cars. Ford will be raising the fuel efficiency of more than a dozen popular models, including the Focus, Escape, Taurus and F-150, representing close to two million new vehicles annually and helping to transform nearly 35,000 employees to green engineering and manufacturing jobs in factories across 5 states: Illinois, Kentucky, Michigan, Missouri, and Ohio. Ford is driving a major upgrade, leveraging a portfolio of technologies, including the direct injection, smart turbocharging EcoBoost engine, advanced transmissions, and new hybrid technologies.

The facilities that will be impacted by today’s announcement include: Chicago Assembly, Louisville Assembly, Dearborn Assembly, Dearborn Engine, Livonia Transmission, Michigan Assembly, Van Dyke Transmission, Kansas City Assembly, Cleveland Engine, Lima Engine, and Sharonville Transmission.

GM and Chrysler were told their finances have to improve before they can receive any loans from the government's program to loan billions to retool factories in order to make more fuel efficient vehicles. The program was set up by Bush before the TARP program began.

The car companies at the time wanted the loan program, but said the funds would not be available in time to help them survive. Thus, the loans that GM and Chrysler eventually took which allowed them to survive for a few months more before going into bankruptcy.

Ford President and CEO Alan Mulally released this statement on the government loan program:

"Ford Motor Company is proud to be among the first automakers deemed by the government to be among the best companies with the best technologies in American manufacturing and fuel efficiency. This green partnership between Ford and the U.S. government will help accelerate the development of advanced technologies for even better fuel efficiency and emissions. Ford is absolutely committed to fuel economy leadership with every new model we introduce. In fact, we plan to invest nearly $14 billion in advanced technology vehicles in the next seven years. Our partnership with the Department of Energy also will help retool our U.S. plants more quickly to produce fuel efficient vehicles and help meet the new, rigorous fuel-economy requirements."

Ford anticiaptes they will begin repaying the loans back in 2012

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Safety Recall, the Tesla Way

Tesla has issued a safety recall on the rear, inner hub flange bolts for their Roadster, which is certainly disappointing for a vehicle that costs over $100,000 to purchase. And if you were one of the 345 owners affected by the recall and had to bring your roadster back in to have the bolt tightened correctly, that would be a typical situation for any car owner. But after paying all that money, I'm betting you wouldn't be happy about it.

But Tesla has decided to turn this situation around and create some good press and good feelings instead. Instead of having the owners bring the car back to them, they are going to the owners. A house-call, if you will.  So instead of bad feelings all around, I'm betting the owners are thinking, "Hey, bad things happen.  It's what you do when it happens that matters."

Tesla is making sure to let everyone know the issues is not related to 'their' powertrain, but it is a manufacturing issue.  Lotus, which builds the Roadster, is also having their Elise and Exige recalled for a similar issue.

The technician sent by Tesla will come to the owners home or office and if necessary, will take the vehicle back to the the repair facility.  Service will be performed at no charge and will include a complimentary, full-vehicle inspection and software upgrade.

“We plan to do everything we can to address this matter swiftly and keep customers satisfied,” said Greg Zanghi, Tesla’s Director of Service and Parts Operations.

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