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Williams F1 sells Williams Hybrid Power to GKN for £8 million
Mon, 07 Apr 2014GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and Williams expect it could cut fuel use by up to 30 per cent.
Volvo facelifts the C30 (2009): first photos
Tue, 08 Sep 2009By Tim Pollard First Official Pictures 08 September 2009 10:42 The pace of previews for the 2009 Frankfurt motor show gathers pace. Today it’s the turn of Volvo to show off its new, gently facelifted-for-2009 C30. The Swedes are trying to ‘sport up’ the C30, so there’s fresh front and rear styling, in line with the revised C70 and taking its inspiration from the S60 concept car.
Who's Where: Chris Chapman appointed as Hyundai Chief Designer
Fri, 23 Dec 2011Former BMW designer Chris Chapman has been appointed as Hyundai's Chief Designer, based at its design center in Irvine, California. He will be responsible for both advanced and production design for the Korean brand and replaces Phil Zak, who left the company early in 2011 to return to GM. He will report to SukGeun Oh, Head of Design, Senior Executive Vice President Hyundai Design Center.