A survey released by analysts of the banking group Goldman Sachs auto industry showed that shares of Tesla (TSLA) are overvalued, despite promising technology that the company offers in their electric vehicles.
Kia Motors announced that it will begin manufacturing the Soul EV in South Korea in April. The car will be the first vehicle powered by battery Hyundai-Kia to be exported to markets in the United States and Europe.
Toyota sees many innovations for the next generation Prius, due for release in 2015. According to the Automotive News website, the Japanese automaker promises an avant-garde style in design, technology and production.