Green drivers, politicians and businesses in San Francisco are excited that Tesla Motors is moving its new factory to northern California instead of New Mexico. Tesla’s decision to eschew the alternative fuel incentives offered by New Mexico for California can be explained in several ways. The motor company’s CEO Ze’ev Driori cited Governor Arnold Schwarzenegger and his continued commitment to alternative fuels as a reason for the Model S factory moving to California.

Fisker Automotive is making a move in the hybrid-electric sedan market with a round of new funding that will commence in June 2008. Henrik Fisker has been negotiating with investors in Europe and Dubai to raise $65 million for production of a second generation of the company’s Karma four-door sedan. The company would increase its holdings beyond the $25 million raised to this point in an effort to push Tesla Motors for customers interested in luxury cars.

The development of Subaru’s two-person electric vehicle has taken another step at the start of the New York International Auto Show this weekend. Subaru representatives have announced that the New York Power Authority (NYPA) will test two prototypes of the company’s R1e. This transaction may lead to a large order of the vehicles by state agencies in New York and other states in the Northeast.

With time now on their side, Tesla will be able to begin production of its all-electric Roadster this March. After facing fears of going out of business due to operating losses amounting to $43 million between 2002 and 2006 it seems Tesla will be able to start delivering their electric sports car early this year after the decision was announced by the National Highway Traffic Safety Administration (NHTSA) to waive current airbag requirements. The NHTSA is hoping to encourage “development of fuel-efficient and alternative-fueled vehicles” through its offering of the exemption.

In doing so they’ve made some US buyers very happy. Tesla Motors has pre-sold all Roadsters scheduled for production in 2008, a total of 625 vehicles world wide. The fully electric Tesla Roadster produced in the Hethel, England Lotus factory is priced at $98,000. You can only read reviews and dream about your next new vehicle for so long before you expect your dream to become reality. It is anticipated that those owners awaiting the release of their car in the US now have something to look forward to and will be dually rewarded for investing in a car of the future.