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Japan hopes to make EV recharging technology the global standard

Japan's automakers aim to cement their lead in electric vehicles by making Japanese recharging technology the global standard and bringing it to the United States. A coalition of manufacturers, including Nissan and Toyota, is teaming with Japan's biggest electric company and the government to make it happen. They aim to corner the market on one of the technologies that will be key to the eventual acceptance of electric-powered cars: the high-speed charging points that will act like gasoline stations of the future and enable drivers to recharge and keep driving after their batteries run low.

Tesla takes a swipe at BMW & Audi

Tesla’s design boss, Franz von Holzhausen, says the BMW i3 is an IKEA car We’ve long been of the opinion that electric cars, certainly with the current levels of battery technology, can never be a replacement for an ICE car. But we do have soft spot for what Tesla are doing. That’s because Tesla has tackled the issues of electric cars in  the cleverest way possible by building a car (the Model S) that looks like a normal luxury car – rather than making it look odd or quirky just to ram home its difference – and made it travel a sensible distance on a single charge.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.