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Recharge Wrap-up: Tesla Model 3 reservation priorities, Opel builds Ampera-e in US?

Opel will build the Ampera-e EV in the US. According to a report from German magazine Automobil Produktion, the electric Opel will be built alongside its sibling, the Chevrolet Bolt, at GM's Orion Assembly plant near Detroit, Michigan. GM CEO Mary Barra did not disclose the location of the Ampera-e's assembly, and Opel declined to comment on the report. A Vauxhall spokesman in the UK declined to comment on whether the car would be sold there as a right-hand-drive model. Read more from Automotive News Europe. How will Tesla prioritize reservations for the Model 3? While some folks argue that orders should be prioritized according to time zone, others think all the Tesla stores should open at the same exact time, regardless of time zone. What is more likely, however, is that places where more deliveries take place will get their cars before locations with fewer buyers, for the sake of efficiency. Elon Musk has also said that the cars ordered with the most options will be built first. Read more at Teslarati. The Zoleco is an attempt at ultimate aerodynamic car design. Built by Zoltan Bod in British Columbia, it is a body concept that will potentially be sold as a kit meant for various propulsion systems. The idea is to reduce aerodynamic drag as much as possible, while saving weight wherever possible, in order to get the greatest efficiency out of the powerplant - be it gas, electric or some other form of energy. Bod says the car can achieve 151 mpg at 45 mph, or 91 mpg at 65 mph using a turbocharged, three-cylinder gasoline engine. Learn more at the Zoleco website. Featured Gallery Opel Ampera-e View 12 Photos News Source: Automotive News Europe, Teslarati, ZolecoImage Credit: Opel Design/Style Green Plants/Manufacturing GM Automakers Tesla Opel Fuel Efficiency Green Automakers Electric recharge wrapup

Is Tesla quietly sitting on 3,000 cars?

Tesla's 2014 third quarter financial report mixed some positive news with gloomy messages. On one hand, the electric carmaker posted its best quarter ever in terms of deliveries, including its best single day with 907 EVs delivered. The company also announced expanded production to get even more vehicles out the door by the end of 2015. However, the Model X got delayed yet again and higher prices in Europe were mulled. Dousing the results with a bit more cold water, a Merrill Lynch investor letter claims there's more to be pessimistic about the business than meets the eye.
The Daily Kanban, quoting research meant for Merrill Lynch clients, claims that Tesla had "approximately 3K vehicles stocked in inventory or in transit" at the end of the Q3. That's a fairly large number considering that the company reports selling 7,785 units for the whole quarter. The statement is also surprising because the automaker has a reputation for keeping excess supply low, and there are allegedly waiting lists for Model S sedans. CEO Elon Musk maintains that the automaker has a problem being able to keep up with high demand, as well.
According to Daily Kanban, the letter further states, "China is proving to be more challenging for Tesla to penetrate than expected." The automaker does not break out sales by region in its Q3 financials to check this assertion, however, the company does report the recently opened store in Shenzhen is one of its top-grossing stores worldwide and that there are now 23 Supercharger locations in 10 Chinese cities.

Fiat Chrysler’s Sergio Marchionne throws more cold water on Tesla, EVs

Fiat Chrysler CEO Sergio Marchionne has once again sounded off on industry upstart Tesla and its wunderkind boss, Elon Musk. In the process, he doubled down on FCA's reluctance to follow its competitors headlong into electrifying its vehicle fleet, saying "we're not betting the bank on going fully electric in the next decade. It won't happen." Marchionne made his comments on Monday during remarks at the New York Stock Exchange, where he was marking the 70th anniversary of Ferrari. They come as Tesla struggles to ramp up production of its Model 3 sedan, its first mass-market offering, and the company continues to hemorrhage money. Here's what he said: "We still don't have a viable model for delivering an electric car. As much as I like Elon Musk, and he's a good friend, and actually he's done a phenomenal job of marketing Telsa, I remain unconvinced of a new economic viability of the model that he's pitching. So I think we need to be careful, because when we embrace electrification, and I made comments on the fact that we lose money on every Fiat 500, the electric that we sell in the U.S. Now that's reflective of the 2011-2010 costs in terms of components. Those costs have come down. If I were to do it again, I would certainly reduce the amount of the loss, but I would not make any money. And you can't run economic entities on losses. It doesn't happen. "So how do we find a convergence of technology bringing prices of components down and allows us to price accordingly — or we need to navigate through this process in a combined way between combustion and electrification to yield at least a minimum of economic returns that allows for our continuity? The last thing you want is me to be successful selling cars for 24 months and then go bust. That's not a good story. Especially in a place like this which rewards economic success. Let's not sit here and design our own future in the tank. Let's try and do it properly. We will do all the right things. We are investing without making a lot of noise on electrification. We will combine it with combustion to yield the right level of CO2. But we're not betting the bank on going fully electric in the next decade. It won't happen." It's not the first time Marchionne has publicly expressed doubts about Tesla's business plan.