Tesla becomes “only American car company to have fully repaid the government”

In an announcement let loose today by Tesla Motors, they’ve made it clear that they’re claiming to be “the only American car company to have fully repaid the government.” As over the past several years it’s been a big subject of controversy that the government gave “bailout” funds to companies in many different industries, it’s important to note that this particular loan was not part of the so-called “bailout” rounds given to GM and Chrysler.

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Instead, Tesla was part of the Advanced Technology Vehicle Manufacturing program, a program signed into law by Bush in 2008. The loan funds were awarded under the Obama administration in 2010 as well as “in the years that followed”. Tesla has made clear that both GM and Chrysler were given bailouts because they were bankrupt, while the ATVM program was only available to Tesla Motors because they were in good financial health.

According to Elon Musk:

“I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard to create the ATVM program, and particularly the American taxpayer from whom these funds originate. I hope we did you proud.” – Musk for Tesla

This move to repay the loans given to Tesla by the Department of Energy has made Tesla once again a totally privately funded organization. This is the first time since 2003 that the company has been funded entirely with private funds, mind you, and and this final payment was made using “a portion” of the approximately $1 billion raised last week by the company.

UPDATE: Clarified by a helpful reader, it’s not since 2003 that the company was entirely privately funded – instead it was privately funded from 2003 until 2010, then between 2010 and 2013 (now), it was funded in part by this government loan – now again it’s entirely privately funded.

This $1 billion came from a concurrent set of offerings of common stock and convertible senior notes – and $100 million of common equity was purchased by Elon Musk himself. Today’s payment – the final one, at that – equaled nearly a half-billion at $451.8M in all. This repays Tesla’s loan cash in full, with interest.

For those of you wondering – both GM and Chrysler have paid back their loans, too. But that’s not all the cash they got from the government, depending on how you look at it. Back about a year ago, President Obama mentioned that both company’s loans had been repaid in full.

According to Politifact, while the companies that were formed when the bailouts were made did, indeed pay that money back, the “old” Chrysler and “old” GM have not necessarily made that move – it may be that, all things considered, there will be no complete payment by the auto industry back to the government. But again, it’s all about your point of view.


Tesla becomes “only American car company to have fully repaid the government” is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Dance Floor That Generates Electricity: Party Power

A Dutch company called Energy Floors has invented a product that turns club patrons into portable generators. The company’s Sustainable Dance Floors are tiles that generate electricity when they’re stepped on. It really makes me wonder why they’re not more widely used, as the company released it in 2008.

sustainable dance floor by sustainable dance club

Image Credit: Energy Floors

Each tile has a small generator inside. When the tile is stepped on, it flexes and drops by 10mm. The generator uses each flex to create electricity, which can either be used directly by its LEDs or stored elsewhere.

sustainable dance floor by sustainable dance club 2

Here’s a short feature about the Sustainable Dance Floor uploaded by BCHydroPowerSmart:

You can contact Energy Floors on its website if you want to rent or purchase their product. According to their site the tiles have been used in many events around the world and are permanently installed in 17 locations. Perhaps wealthy people wouldn’t object to giving back to the less fortunate if all they had to do was dance their asses off. Seriously though wouldn’t it be awesome if they were installed everywhere?

[via PSFK]

Graphene paint aims to solar-power future homes and electronics

Scientists from the University of Manchester have discovered that by combining Graphene, a one-atom thick layer of graphite, with the transition metal dichalcogenides, a material that can react to light, they are able to create a product that can generate electricity from sunlight. They can form thin sheets of the product that can be placed on buildings to absorb sunlight and turn it into electricity.

Graphene paint aims to solar-power future homes and electronics

The product can give solar panels a run for their money, but the scientists aren’t going to stop there. They intend to find a way to use this technology to produce a paint that can be used for homes, as well as other objects. However, Professor Kostya Novoselov, one of the scientists who discovered graphene, stated that the development of the paint isn’t going to happen until much later in the future.

The graphene paint can be used to power a number of devices, with one emphasis being on mobile phones. The scientists believe that graphene paint would bring in a “new generation” of mobile phones that are solar powered and are ultra-thin. Not only can graphene paint be used to power objects, scientists believe that they will be able to make it change colors on-demand as well.

The scientists are optimistic about the development of graphene. Not only is the material harder than diamond, and able to conduct electricity, there are many more possibilities for it as well. Professor Novoselov stated that they would be able to use graphene to develop different types of products with a variety of properties other than producing solar powered energy. He states,

“We have been trying to go beyond graphene by combining with with other one atom thick materials. What we have been doing is putting different layers of these materials one on top of the other and what you get is a new type of material with a unique set of properties. It is like a book – one page contains some information but together the book is so much more. The implementations would go much further than simple solar powered cells”

[via Telegraph]


Graphene paint aims to solar-power future homes and electronics is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

VOTO Charger Turns Heat to Electricity: Promethe-Zeus

The PowerPot and the BioLite stove seem like great ways to harness the heat from fire and turn it into electricity. But what if you already have a pot and a stove? A company called Point Source Power might have a solution for you. The only thing that the company’s VOTO chargers need is a fire.

voto charger by point source power

VOTO chargers look like one of those portable water heaters. But instead of a metal coil at the end, the chargers have a stack of replaceable fuel cells made from biomass. You stick this end into the bottom of your stove or bonfire and it will generate electricity over time. The electricity will be sent to its handle. There are a variety of handles, but the most useful one is shown in the video below. It’s a battery that can be used to charge devices via USB but it can also use its stored energy to power its built-in LEDs.

These chargers will be useful not only for campers and field workers but also for people who live in places that don’t have access to electricity. You can check out Point Source Power’s website for more info on their products, although the site seems to be down as of this writing.

[via Inhabitat]

DIY Thor’s Hammer blasts 80,000 user-friendly volts

Now that you’re all about dressing up and heading out to your local Avengers movie opening – Iron Man 3 coming up quick(!) – you’ll want to know how to make a prop that’s above and beyond the pale. This week a custom-made and home-made Thor’s Hammer has appeared amongst the DIY ranks, bringing with it 80,000 volts of electricity to boot. All it takes is some foam and teeny tiny tesla coil!

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The hack you’re about to see comes straight from Caleb Kraft over at Hack A Day who, loving the greatness of the hammer, aka Mjolnir, decided it was time – finally – to create on of his own. This creation was initiated when he met up with the folks at ArcAttack and decided the time for electricity was nigh.

The creation you’re seeing above is not one your everyday average comic book film lover is going to be able to build. Instead you’re going to need to create a tesla coil yourself, make sure it’s perfectly sized to fit in the head or the arm of the hammer, and you’ll want to be at least a bit of a refined sense of 3D crafting style to boot. The coil created for this project was made by Staci Elaan and is shown in the video below. This coil is entirely battery powered!

The hammer itself isn’t entirely ready for high-action films – in this form it’s still a bit fragile – but it’s certainly ready to be taken to your local movie opening. Then again, it could very easily be considered a dangerous weapon, so watch yourself. Using this at home to impress the kids is probably as far as you should go – but again, don’t let them grab hold of it for too long – the insides may very well come out.


DIY Thor’s Hammer blasts 80,000 user-friendly volts is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Six electric taxis hit the streets of New York

Nissan and New York have conspired together to bring 6 new electric taxis to the city today. The Nissan Leaf is the model for these taxis and it’s repainted to look right for the job. Nissan and New York worked together to launch these new electric taxis today in celebration of Earth Day. These taxis will test out the waters of New York to see if electric cars are equipped to take on the taxi world.

Six electric taxis hit the streets of New York

Nissan states that the Nissan Leaf taxis have a range of around 100 miles, making it more than enough to handle the average daily taxi route of 70 miles. Nissan and New York wants to see whether or not these taxis are fit to take on the demanding life of New York citizens, who are in constant demand of a taxi at every moment. Just in case these Nissan Leaf taxis are unable to survive the day with only one charge, Nissan has set up quick-charging stations around New York so drivers can recharge their taxis if need be.

These 6 new electric taxis are all part of New York’s Mayor Bloomberg’s goal of having electric taxis make up at least 33% of New York’s taxi cars by the year 2020. If the Nissan Leaf performs well as a taxi, then Bloomberg’s plans are well on their way to becoming a reality. David Yassky, the Taxi and Limousine Commissioner, stated that Nissan is “working on that timeline”, with both the Nissan Leaf and an electric version of Nissan’s NV 200.

The Nissan NV 200 is New York’s “Taxi of Tomorrow”, and is set to become the official taxi of New York. It was approved by the Taxi and Limousine Commission and it beat out several rivals for the position. While not electric, it will be much more fuel friendly than the entirety of the taxis in New York City. Nissan plans on launching the NV 200 by October this year, starting the 10-year agreement it has with New York to be the city’s official taxi provider.

[via The Wall Street Journal]


Six electric taxis hit the streets of New York is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

New microbatteries can jump-start your car battery and still charge your phone

The researchers at the University of Illinois at Urbana-Champaign have developed new microbatteries that are extremely small in size, but pack a huge amount of power. Not only do they pack a huge punch, but they recharge “1,000 times faster than competing technologies”, according to the research team. The team wanted to find a solution to the dilemma that afflicts current power sources, where power sources can either have a lot of power, or have a lot of energy, not both at the same time.

New microbatteries can jump-start your car battery and still charge your phone

William P. King, Bliss Professor of mechanical science and engineering at the University of Illinois, and the leader of the research team, says,

“If you want high energy you can’t get high power, if you want high power its very difficult to get high energy. But for very interesting applications, especially modern applications, you really need both. That’s what our batteries are starting to do. We’re really pushing into an area in the energy storage design space that is not currently available with technologies today.”

The microbatteries feature an internal three-dimensional microstructure. Batteries have two main components: the plus side (cathode) and the minus side (anode). Using the fast-charging cathode design developed by Professor Paul Braun and his research group, King’s group developed a matching anode design and integrated the two together at the microscale to create microbatteries with extreme performance. The batteries are so powerful, they can recharge 1,000x faster than other batteries, broadcast radio signals 30x farther, and drive innovations for devices that are 30x smaller.

The new batteries are said to “out-power the best supercapacitors” and would drive new innovation in technology. The team believes that a cell phone powered by these microbatteries would be able to jump-start a dead car battery, and still have enough energy to recharge a phone “in the blink of an eye”. The research team is now planning on integrating these microbatteries with other devices, and are also trying to figure out a way to manufacture these at a low cost. Liz Ahlberg, Physical Sciences Editor for the University of Illinois, says,

“Imagine juicing up a credit-card-thin phone in less than a second. In addition to consumer electronics, medical devices, lasers, sensors, and other applications could see leaps forward in technology with such power sources available.”

[via University of Illinois]


New microbatteries can jump-start your car battery and still charge your phone is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Bitcoin Mining Has An Absurd Environmental Impact

Ah digital currency. It’s all in our collective hive-mind right? Coming and going in bits and bytes. Nothing to see here. So why is a hacking process called “Bitcoin mining” using $150,000 worth of electricity a day? This had better be good. More »

Cadillac ELR introduces “Regen on Demand” for extended electric range

With the Cadillac ELR we saw the company blend luxury with electricity in a vehicle ready for sale in early 2014 – this week we’re being introduced to the vehicles Regen on Demand feature. This feature allows you to regenerate energy and store it as electricity for later use in the vehicle’s battery pack. This is done with the vehicle’s paddle shifters, an alternative to traditional performance vehicles use of steering wheel mounted paddles for upshift and downshift of their mechanical transmission.

ELR_Shift-medium

With this new system, the driver will be taking part in the driving experience like never before – imagine being able to extend the length of time you’ll be able to drive without stopping to refuel or re-charge your car while you’re driving. How unimaginably far we’ve come from the crank-start cars of the past – how long until we just hop in and the car brings us wherever we want to go, no effort included?

“Regen on Demand enables ELR drivers to actively re-capture energy when slowing down, such as when approaching slower traffic or setting up for a tight turn. This allows the driver to take more active role in the electric vehicle driving experience.” – Chris Thomason, ELR chief engineer

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Engaging Regen on Demand is simple: the driver simply takes his or her foot off of the accelerator and presses one of the vehicle’s two steering-wheel paddles. These paddles both generate energy and begin to decelerate the car – Regen on Demand will not bring the car to a full stop, but this feature is meant for coasting or, as Thomason mentions, setting up tight turns. This is also known as regenerative braking.

“Pulling back on the paddle to slow down allows the ELR driver to keep their foot close to the throttle, ready to accelerate. It provides a more engaged, satisfying driving experience, and when you consider the added benefit of re-capturing energy, it’s also a smart thing to do.” – Thomason

In addition to the Regen on Demand paddles on your steering wheel, you’ve also got a blended regenerative braking system. With this system you’ll be recapturing energy when your brakes are applied and your vehicle slows. At the point at which you need a massive amount of brake power, this vehicle blends in friction brakes so you can stop quick.

The Cadillac ELR works with an estimated range of about 35 miles (56 km) of pure electric driving and uses an advanced electric drive unit capable of 295 lb-ft of instant torque (400 Nm). The energy is stored in a lovely T-shaped battery pack, this pack charged up by the Regen on Demand system you’re reading about today, a standard 120V electrical outlet, or a dedicated 240V charging station. Depending on outside temperature, you’ll be able to completely recharge your battery in about 4.5 hours using a 240V outlet.

2014 Cadillac ELR battery and propulsion system technology

Have a peek at our Car Hub as well as the timeline below for more Cadillac excellence through the future – and keep on regenerating that electricity with the power you already generate. Let nothing go to waste!


Cadillac ELR introduces “Regen on Demand” for extended electric range is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Gtech AirRam Cordless Vacuum Cleaner revolutionizes vacuum cleaning

Gtech has just released its Gtech AirRam High-Power Cordless Vacuum Cleaner, and its going to make vacuuming up your house more easier than ever. The AirRam vacuum is cordless, but possesses just as much power, if not more, than a corded vacuum. It boasts a 3-inch, slim profile and only weighs 7.7 pounds, making it easy to move around, even around the trickiest places like under your couch.

Gtech AirRam high-power Cordless Vacuum Cleaner

The Gtech AirRam vacuum is much more energy efficient than most vacuums. It only uses 100 watts of electricity compared to other vacuums that use an average of about 2,000 watts. It takes about 4 hours to charge the vacuum, however, it can run up to 40-60 minutes on a single charge, which is much longer compared to the other, cordless vacuums currently on the market.

The vacuum works on any floor surface, including carpets, rugs, hard wood, tile, and many more. The AirRam doesn’t have a bag or a canister. It’s direct Dirt-to-Tray technology lifts up dirt, dust, and debris and compacts it into easy-to-dispose “bales” that you can just empty into your trashcan. Also, with AirRam’s Data Bridge, you can connect the vacuum to your computer via USB cable to find out how much electricity you’ve saved, and how many calories you’ve burned while vacuuming.

According to Gtech, the AirRAM vacuum cleaner “represents the biggest evolution in vacuum development over the last 20 years.” You can purchase the Gtech AirRAM Vacuum Cleaner off Amazon, or at your local Brookstone, for $349.95. It’s available in both White and Graphite, and you have an option of purchasing a spare battery if need be, just for those of you who want to get all your cleaning done in one go.


Gtech AirRam Cordless Vacuum Cleaner revolutionizes vacuum cleaning is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.