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Better Place EV Battery Swap business goes bust
Tue, 28 May 2013It seemed like a good idea: take the cost of batteries out of the cost of buying an electric car and instead charge EV owners to use ‘Battery Swap’ stations where depleted batteries could be swapped for fully charged ones in the time it takes to fill an ICE car with petrol. But it’s all gone a bit Pete Tong. Better Place – which partnered with Renault in 2009 to make the battery swap technology viable – has failed to find anyone to add to the $750 million already involved in the project and has filed for bankruptcy.
Porsche plans a hybrid in every model line
Mon, 18 Oct 2010Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. “In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said. Earlier this year, Porsche launched a hybrid version of its Cayenne SUV.
Has the McLaren P1 lapped the Nurburgring in a record 6 minutes 47 seconds?
Tue, 22 Oct 2013Has the McLaren P1 lapped the Nurburgring in a record 6 minutes 47 seconds? We knew McLaren were back at the Nurburgring with the P1 in an attempt to make good on Ron Dennis’s promise that the P1 would lap the ‘Ring in under 7 minutes. It appears McLaren has already tried to set a sub-7 minute time with the P1 but could only manage 7:04s so, with the firts P1s now in customer hands – and full performance specs revealed – the final piece of the jigsaw (apart form a Top Gear lap record) is to set a great time at the Nurburgring.