GreenCarPlanet.com

After some confusion over how much it will cost, here are some good news about the XS500 electric car, the first highway-capable (80+ mph top speed, 120+ miles range) EV by Miles Electric Vehicles: The company has raised $15 million and the money is earmarked for further development of the XS500.

Last we’ve heard from Miles, the 2009 XS500 model is still projected to sell for “$30,000 to $35,000″ in the United States. Lets hope they can pull it off. For more info on the car, see our previous post about it:

Volkswagen will unveil a diesel-electric hybrid version of their Golf hatchback (Rabbit in North-America) at the Geneva Motor Show. The information that has filtered out so far is promising: Fuel economy of 83.1 mpg imperial, 69.9 mpg US. Only 89 grams of carbon dioxide per kilometer (for comparison, the Toyota Prius hybrid emits 104 g/km).

The GM Volt plug-in hybrid was supposed to hit showrooms in 2010 for $30,000. Well, apparently it’s not that easy to redesign wipers, stereos and other electrical accessories so they drain as little juice as possible from the battery. GM has announced that the first generation Volt will be “closer to $35,000″. The good news is that the late 2010 deadline hasn’t been officially pushed back, though GM says that if it can’t make it, the car might be delayed until the Spring of 2011….