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Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.

Smart designs eBike

Smart has joined its fellow car manufacturers in designing a bicycle and is putting it into series production. The main components of the eBike such as the frame, battery housing, handlebars, lights and mudguards have been designed and developed specifically for Smart. The two-color concept is, so it's makers claim, recognizable as classic Smart, with the plastic battery housing forming a contrast to the aluminum frame.

New Hyundai Sante Fe is the safest car in its class

The 2013 Hyundai Santa Fe has been revealed as the safest car in its class by Euro NCAP, ahead of cars like the new Range Rover. But looking good and driving well are just part of the motivation for car buyers, with many wanting to make sure they carry their loved ones around in a car that not only appeals with its design and driving, but one which offers as much safety as modern technology can provide. So Hyundai has something to crow about this morning with the news that the new Santa Fe has been revealed as the safest car in its class in 2012 by Euro NCAP – those nice people who destroy cars to see just how well bolted together they are – beating others in the ‘Large Off-Road 4×4′ category like the new Mercedes M Class and new Range Rover in the process.