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EVs are Dead, Long Live Tesla says Morgan Stanley analyst
Fri, 30 May 2014The Tesla Model S is the only successful electric car The experiment of getting the car buying public to believe an electric car is a sensible alternative to an ICE car isn’t an unmitigated failure – but it’s close. And now Investment Bank Morgan Stanley has come out and stated the obvious: Apart from the success of Tesla, electric cars are a failure, falling far short of sales predictions and likely to see no real growth in the coming years. Morgan Stanley declare that we will still all be driving ICE cars for the foreseeable future, and despite predictions that as many as one in ten cars will be BEVs by 2020 the reality is likely to be less than one in a hundred.
VW Beetle GSR: Price from £24,900
Fri, 10 May 2013The Beetle GSR is a homage to the Yellow-Black Racer Beetle from the 1970s (GSR stands for Gelb Schwarzer Renner – which means Yellow-Black Racer) which featured a similar paint job, boosted power (a whole 49bhp) and was also limited to 3,500 units. But the 2013 version of the Beetle GSR does at least offer much more get up and go than the 1970s GSR managed. That means the GSR comes with VW’s 2.0 litre turbo with 207bhp which is enough to get the yellow Bug to 62mph in 7.3 seconds on its way top 142mph, and is the same power output all Beetles with the 2.0 litre TSI will get from May 1st (up from 197bhp).
Toyota hands over small-car development to its European unit
Tue, 20 Dec 2011Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.