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Lamborghini CO2 reduction Press Release

Lamborghini CO2 Reduction Press Release • The construction of a large photovoltaic plant, combined with an energy-saving project, will achieve a 30% reduction in the factory’s CO2 emissions by 2010 • Modifications to vehicles will result in a 35% reduction in CO2 emissions by 2015 Automobili Lamborghini announces its intention to complete its program of environmental sustainability in record time by presenting new plans which will enable the company: The plans for reducing emissions will thus involve two areas: modifications to the Lamborghini factory in Sant’Agata Bolognese, and development in vehicle design. To redefine its industrial processes in accordance with its policy of environmental sustainability, Lamborghini has just begun a project to complete installation of a large photovoltaic system by the end of 2009. The roof-top plant will produce 1,582 Megawatt hour (MWh) of “green” energy per year, which translates into a 20% reduction in CO2 emissions (-1,067,820 Kg/year) by 2010.

Drayson Racing and Michelin compete for EV record

Drayson Racing Technologies and Michelin are joining forces to make a run at the FIA World Electric Land Speed Record on Tuesday with the Drayson B12 69/EV prototype. In addition to a record attempt this will be a real-world test for the car, which will also compete in the 2014 FIA Formula E Championship. The car was originally powered by a 5.5-liter biofuel Judd engine, but it has now been converted to full electric drive.

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.