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Watch Tesla Model S testing new titanium armor

In a missive signed by Elon Musk himself, Tesla announced it would be adding titanium plates and aluminum deflectors to all new Model S sedans and offering free retrofits for the 20,000 or so existing EVs. The company earlier offered an over-the-air software update to raise the ground clearance of the Model S so the car would be more likely to clear dangerous road debris. The actions were in response to well-publicized fires in the electric luxury sedans.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced on Sunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Electric cars amped up with £500 million boost

THE GOVERNMENT is to extend the £5,000 grant scheme open to anyone who buys a car with plug-in electric power. It is part of a £500 million move to encourage car owners – and city authorities – to take up the electric car baton and run with it. The initiative will give cities a chance to win government funding to further the sales of electric cars in their areas, for example by allowing them to use bus lanes or park for free.