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Magna Steyr MILA Coupic revealed

Magna Steyr – an independent engineering and manufacturing company – will be revealing the MILA Coupic concept study at the rapidly-approaching Geneva motor show. The MILA Coupic, the sixth concept in the MILA innovation family, brings together three different vehicle concepts into one SUV coupe that can transform into a sporty pick-up or an open-air convertible. The concept is constructed using a combination of textile, glass, roof modules and seating technology.

Mercedes SLS AMG Electric Drive sets Nurburgring production EV record

The Mercedes SLS AMG ED (pictured) set a new EV lap record at the Nurburgring Just as Audi decides that the R8 e-Tron isn’t a production viable option, Mercedes decides to prove there is potential for electric cars at the very high end. The Mercedes SLS AMG Electric Drive has been to the Nurburgring and set a new lap record for a production electric car of just 7 minutes 55 seconds. The SLS AMG ED, which goes on sale very soon at more than £300k, may weigh a chunk more than a regular SLS (550kg more), but it gets plenty of help from its four electric motors – one at each corner – to overcome the weight of its batteries with 751bhp and 737lb/ft of torque on hand.

Fisker nets $528 million from Energy Department for hybrid development

Fisker Automotive is building its reputation on producing eco-friendly, luxurious cars. And today, the California company is a shade greener, thanks to the U.S. government.