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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: Chevy Volt class action suit proposed, Tesla stock could outperform in 2015

A class action suit has been proposed against General Motors for a steering problem in the Chevrolet Volt. The plaintiffs claim that a defect can cause the steering to freeze intermittently, and that General Motors either knows or should have known about the problem. The case, filed in New Jersey, also claims that defective parts are replaced with the same or similar parts, which are also defective. The plaintiffs say that claims for the 100-plus-member class exceed $5 million. Read more at Law360 or at BigClassAction. Tesla Motors stock (TSLA) has risen after weeks of losses. It gained 5.4 percent during the week ending December 19, when it closed at $219.29 per share. Since then, it rose slightly more, closing at $222.26 on December 24. Morgan Stanley lowered its target price on Tesla stock from $320 to $290, predicting lower sales on the upcoming Model III than expected before, but still called Tesla a good long-term investment. Analysts at CNBC predicted Tesla to be the best performing stock of 2015. Read more at ETF Daily News. Oslo- and New York-based architecture firm Snohetta has designed a zero-emissions house that also charges an electric car. The ZEB Pilot House, built in Larvik, Norway, uses a solar panel on the roof to power the house, which also provides enough excess energy to charge an EV. To make the most of energy most efficiently, the house uses smart technology to use as much energy as it can once it's harvested. This means one can turn on appliances like the washing machine remotely while the sun is at the optimum angle in the sky - perhaps during mid-day when the residents are at work. The house also uses organic materials and is designed to save as much energy as possible. Read more at Wired.

7 major automakers to build open EV charging network

A new joint venture established by BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis will build a new North American electric vehicle charging network on a scale designed to compete with Tesla's industry-benchmark Supercharger network. The 30,000-plus planned new chargers will accommodate both Tesla's almost-standard North American Charging System (NACS) and existing automakers' Combined Charging System (CCS) options, effectively guaranteeing compatibility with the vast majority of current and upcoming electric models — whether they're from one of the involved automakers or not.  "With the generational investments in public charging being implemented on the Federal and State level, the joint venture will leverage public and private funds to accelerate the installation of high-powered charging for customers. The new charging stations will be accessible to all battery-powered electric vehicles from any automaker using Combined Charging System (CCS) or North American Charging Standard (NACS) and are expected to meet or exceed the spirit and requirements of the U.S. National Electric Vehicle Infrastructure (NEVI) program." Critically, the automakers involved will have a say in how the charging tech is implemented, guaranteeing that the hardware will play nicely with each automaker's in-house charging systems. Hyundai and Kia, for example, were hesitant to jump on board the Tesla NACS bandwagon earlier this year over concerns that the Supercharger network is insufficient for powering the two automakers' 800-volt charging systems; similar tech is used by Volkswagen and Porsche.  In addition to providing much-needed capacity and high-output charging for America's growing fleet of electric cars and trucks, the new network will integrate seamlessly with each automaker's in-app and in-vehicle features, rather than forcing customers to use third-party tools and payment systems, as is the case with some existing public charging infrastructure.  "The functions and services of the network will allow for seamless integration with participating automakersÂ’ in-vehicle and in-app experiences, including reservations, intelligent route planning and navigation, payment applications, transparent energy management and more. In addition, the network will leverage Plug & Charge technology to further enhance the customer experience," the announcement said.