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Hennessey Venom GT hits 265.7mph for new world top speed record (+ video)

The Hennessey Venom GT – an American, Lotus Elise-based supercar – has clocked 265.7mph for a new world record top speed for a production car. The world top speed record for a production car has been held by the Bugatti Veyron (well, the Veyron Super Sport) at 258mph, but that’s a ‘limited’ speed for its production cars. The Veyron Super Sport actually hit 267.81mph at VW’s Ehra-Lessian track (it actually hit 269.8mph one way) but because production cars are limited to 258mph the higher speed doesn’t count.

Electric cars can become electricity banks

Ever try to store electricity? It won't stay in a bottle, and you can't keep it in your sock drawer. So when you have a lot of it--say, when it's windy and your wind turbines are really spinning, or when it's sunny and your gallium arsenide photovoltaics are lighting up, or at night when the utility's generators can run unhindered--you have to store it somewhere.

Big news on GM's big SUVs

Good news and bad news for General Motors' large cash cows, the full-sized SUVs. The bad news: The massive sport-ute market has shrunk roughly in half to around 300,000 a year. The good news for GM: This drove some competitors either out of market or into the near-niche category, leaving the new-for-2015 Chevrolet Tahoe and Suburban, the GMC Yukon and Denali, and Cadillac Escalade with a big share of this very profitable segment.