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Lotus won’t be sold – Bahar suspended over expenses

Lotus owners Proton have said that Lotus is not up for sale and reports say Lotus CEO Dany Bahar has been suspended over his expenses. There’s been a lot of show and not much real go since Dany Bahar took over at Lotus. Grandiose plans launch a whole range of supercars from a small niche manufacturer in the flatlands of Norfolk was always a strange call, and the sort of bills loss-making Lotus seems to be meeting make, on the face of it, little commercial sense.

SAE approves new fast-charging standard for EVs, plug-ins

SAE International said it has approved a new technical standard that will dramatically reduce charging times for plug-in hybrid electric vehicles and electric vehicles. The global engineering group said the new charging standard, developed with the cooperation of more than 190 automakers, utilities and equipment builders, will allow charging times to be reduced from as long as eight hours to as short as 20 minutes. Automakers want DC direct charging to take less than 10 minutes, or roughly the time it takes to fill a tank with gasoline.The goal is to accommodate currents as high as 500 volts distributed from public charging stations.

Bob Lutz reportedly to stay on at General Motors

Bob Lutz, General Motors vice chairman and internationally renowned product guru, has reversed his retirement plans and is expected to stay with the remade car company as it charts a new path out of bankruptcy. Multiple media outlets are reporting Lutz, 77, has changed course and will not retire from GM at the end of the year as he had planned. Automotive News, citing anonymous sources, says the veteran industry leader will stay on at the company, possibly in a marketing or communications role--and could have product input.