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Toyota sets 2010 Prius price at $22,750

The redesigned 2010 Prius hybrid goes on sale in late May at a base price of $22,750, including freight. Later this year, a stripped-down base model will go on sale for $21,750, including shipping. The third-generation Prius comes with a 1.8-liter four-cylinder engine producing 98 hp.

Volvo develops new energy storage technology

Volvo is looking to make heavy batteries in electric vehicles a thing of the past, unveiling a new technology still under development that could use the body panels of the vehicle to store energy. Everyone knows that right now one of the biggest technological limiting factors of electric vehicles are the batteries. They can be damaged through depletion, they add weight, they use expensive and polluting technologies to manufacture, and they just don't hold as much energy as we'd like.

CDN and Opel/Vauxhall launch Interactive Design Competition

Opel/Vauxhall today asks students: "What do you think is our lounge style?" as part of a new, interactive design competition being launched with Car Design News. The competition is for students studying at design schools (of any discipline) in Europe, and will be in two stages: Stage 1 is the interior, and then Stage 2 the exterior. It culminates in a display of the work of the finalists and announcement of the two winners at the Geneva Motor Show in March 2011.