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GM looks to combat high theft rates on SUVs with added tech

The Cadillac Escalade has been at or near the top of most-stolen and insurance-loss lists for more than seven years, until it dropped to number six earlier this year. In 2011 it was fitted with a host of new security features to address its easy-to-override features and that has brought the number of thefts down, but when eight of the ten most stolen rides are large SUVs from General Motors, no one will argue that something else needs to be done.
Thus, GM has fitted this same theft-deterring tech to the 2015 Suburban, Tahoe and Yukon. The Suburban and Tahoe will get the steering lock that the Escalade and Yukon already get, plus bolted-down third-row seats to deter thefts like this, stronger door lock cylinders and shields, and side-cut keys to inhibit picking.
Additional security measures in a Theft Protection Package can be purchased for $395, consisting of sensors on the greenhouse glass and interior, an incline/tilt sensor and added "key control systems" to make it more difficult for the men in black balaclavas to steal what you bought.

Electric Corvette sets mile record at 186.8 MPH

When we first saw the Genovation GXE all-electric Corvette on its stand at the Battery Show 2015, we were given some impressive specs – a three-second 0-to-60 run and a 200-mile-per-hour top speed – all made possible by over 700 electric horses spittin' out more than 600 pound-feet of torque. Turns out, it may just live up to that high-speed hype. With Bob Simpson – project manager (and EVDrive co-founder) – riding shotgun and multi-record holder Johnny Bohmer holding the wheel and applying a heavy right foot, the battery-powered C6 Z06 hit 186.8 mph on the tarmac of the NASA Shuttle Landing Facility at the Kennedy Space Center in Cape Canaveral, Florida. That run puts the GXE in the International Mile Racing Association (IMRA) record books under the heading of "Top Speed Street Legal Electric Car." According to the press release, which you can read below, the record was set on the car's first day of testing. Its builders have confidence it's good for even more. Though they haven't said if, or where, further speed runs would occur, we can't help but think a one-on-one match up would be interesting, say, against a certain Zombie 222. Similarly fast – it reached 177.8 mph from a dead stop at the Texas Mile – it would make for a classic confrontation. Genovation vresus Blood Shed Motors; vintage pony car versus modern sportscar; DC drivetrain versus AC, the possibilities are endless. Genovation offers its GXE for $330,000 (or $290,000, if your supply the Vette donor). It features a 6-speed manual transmission, a 44kWh battery pack and is said to be good for 150 miles on a full charge. Related Video: FLORIDA (2/29/2016) -- Genovation Cars is proud to announce a new top speed record achieved by its prototype high-performance all-electric Corvette, the Genovation eXtreme Electric or GXE. The vehicle was being tested at the Johnny Bohmer Proving Grounds/Shuttle Landing Facility in Florida, conducting research to improve vehicle performance. During the course of testing, the car broke the record for the Top Speed Street Legal Electric Car category with a speed of 186.8 mph on the date of February 23, 2016. The record was certified by the International Mile Racing Association (IMRA). The previous record was 177 mph, set by a Finnish prototype car. The GXE, based on a 2006 Z06 Corvette, includes a state-of-the-art battery management system, inverters, batteries and electric motors that produce in excess of 700-hp and 600 lb-ft of torque.

Recharge Wrap-up: Tesla P85D upgrades coming soon, lease a Chevy Volt for $149 a month

CarCharging has raised $6 million from shareholders and has restructured to save cash. The EV charging company plans to expand further in 2015 - with an eye toward achieving profitability - in part by investing in technology and "unlocking the value of our significant equipment inventory," says CarCharging CEO Michael D. Farkas. The group expects to reduce administrative costs by 40 percent, and has hired an interim Chief Financial Officer to help carry out its plans for growth. CarCharging raised the cash through offering convertible preferred stock to its shareholders, whom Farkas thanked "for their passion and patience." Read more in the press release below. Rydell Chevrolet in Los Angeles is offering Chevrolet Volt leases for $149 per month. In a video ad, Rydell offers the Volt for $169 a month with $3,390 due at signing, but another ad shows the offer at $149 a month with $3,550 down or $248 per month with $0 down. Rydell Chevrolet will ship the car anywhere in the lower 48 states. It also appears they offer cupcakes. See Rydell's video below, or read more at Inside EVs. Tesla will upgrade the Model S P85D with higher performance and top speed. The free update, which is due "in the next few months" according to a statement from Tesla, will raise the electronically limited top speed from 130 to 155 miles per hour. "Additionally, an over-the-air firmware upgrade to the power electronics will improve P85D performance at high speed above what anyone outside Tesla has experienced to date," Tesla says. The update will be available for the lifetime of the car, which includes subsequent owners. Read more at Green Car Reports. Car Charging Group Completes $6 Million Capital Raise Concurrently Enacts Restructuring Actions to Reduce Cash Burn MIAMI BEACH, Fla., Dec. 29, 2014 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging" or the "Company"), the largest owner, operator, and provider of electric vehicle (EV) charging services, today announced that it has closed an offering (the "Offering") and raised net proceeds of up to $6 million with current institutional shareholders. The Offering consisted of convertible preferred securities with a conversion price of $0.70 and warrants exercisable at $1.00. Proceeds will be used to: - Strengthen CarCharging's balance sheet; - Build on the past year's progress; and - Provide growth capital for expanding the Company's network.