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Toyota sells off Tesla shares, too

The incredible rise of Tesla's stock price has done little to now stop two major shareholders from ditching their stake in the American EV manufacturer. First, Daimler, parent company of Mercedes-Benz, ditched its four-percent stake, and less than a week later, Toyota is doing the same thing, selling off an undisclosed bit of its Tesla investment.
The move comes as Toyota winds down sales of the RAV4 EV, which gets its batteries and electric motor from Tesla at the company's Fremont, CA factory.
"We have a good relationship with Tesla, and will evaluate the feasibility of working together on future projects," Toyota spokesperson Kayo Doi told Bloomberg via email.

BMW owners celebrate 40 years of 3 Series

With a recent refresh and introduction of the 340i, BMW is continuing to evolve the 3 Series to make sure that the it can keep up in the competitive world of sport sedans. However, the company doesn't want to forgot the past 40 years of the 3 Series' history. In a new video, the brand travels the world to let owners of a few classic examples explain just what makes this model so special. While several generations get their turn in the limelight, fans of the E30 from the '80s and early '90s will find a lot to like here. BMW travels to Las Vegas, NV, to talk with a guy who specializes in restoring them, and then the company goes to Jakarta, Indonesia, to check out one that's grabbing trophies on the racetrack. A bit of advice, though: make sure to turn on the subtitles for this video because portions of it include interviews with Spanish and German owners in their native languages.

Recharge Wrap-up: GKN electric AWD, $8,500 for Tesla brake repair

A Tesla owner in Canada was quoted $8,500 to repair the brakes in his 2012 Model S. Tesla waived the labor costs, bringing the total price down to $5,824.75. Tesla said that since regenerative braking means the regular brakes get less use, occasional hard braking can help keep them working properly. Also, the salt on the roads in winter leads to corrosion of both the rotors and the calipers. Tesla suggests yearly brake service in harsh climates. Read more at Clean Technica. GKN is launching an electric all-wheel-drive system using its eAxle technology. BMW will be the first to use the system – which is optimized for compact vehicle platforms – in its 2 Series Active Tourer plug-in hybrid. On its own, the electric axle drive offers up to 70 kilowatts (94 horsepower) and 1,475 pound-feet of torque, enough to propel a vehicle up to almost 78 miles per hour under electric power alone. It can also disengage from the driveline when it's not needed in order to reduce rotating losses at higher speeds. Read more from Green Car Congress. The Orange County Transit Authority's (OCTA) first zero-emission, hydrogen powered bus uses a fuel cell from Ballard. The 40-foot ElDorado National Axess bus, powered by Ballard's FCveloCity fuel cell, was funded by the Federal Transit Administration's National Fuel Cell Bus Program. "Clean energy mass transit alternatives, such as this new fuel cell bus in Orange County, are a tremendous example of what can be done to help address clean air challenges," says Ballard Vice President Karim Kassam. "We are excited by the progress being made at OCTA and by others in California." Read more in the press release below. Ballard Module Powers First Zero-Emission Fuel Cell Bus for Orange County Transportation Authority VANCOUVER, CANADA and ORANGE COUNTY, USA – On May 23rd representatives from Ballard attended a ceremony to unveil the first zero-emission fuel cell bus to provide service for the Orange County Transportation Authority (OCTA), one of the largest transit agencies in California. The OCTA bus is the 6th American Fuel Cell Bus (AFCB) configuration delivered in California. Karim Kassam, Ballard Vice President - Commercial said, "Clean energy mass transit alternatives, such as this new fuel cell bus in Orange County, are a tremendous example of what can be done to help address clean air challenges.