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Drayson electric racer breaks four speed records

A BRITISH electric racing car has set four new land speed records on the same day. The Drayson Racing prototype racing car, which is powered solely by electricity, set new benchmarks for speeds over one mile and one kilometre with a flying start, plus a new standing quarter-mile acceleration record. The fourth record, subject to ratification, is a British land speed record for cars of any type driven by their wheels over one mile from a flying start.

Renault Zoe EV: Price from £18k plus £70 a month battery lease

Price and specifications revealed for the Renault Zoe EV which will start at £18k for the Zoe Expression plus an extra £70 a month for battery lease. The Nissan LEAF may be the best-selling electric car in the world, but it’s still an insignificant speck on the car sales landscape. But Nissan hope sales of electric cars will get a boost with the more ‘affordable’ Renault Zoe EV.

Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.