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Toyota and Tesla strike $50m electric car deal
Fri, 21 May 2010Toyota has bought a $50m chunk of Tesla By Tim Pollard Motor Industry 21 May 2010 09:15 Toyota today agreed to buy a $50 million stake in Tesla Motors, the Californian electric car start-up. The two companies plan to cooperate on electric vehicles, batteries and other EV technology. But Tesla's tiny!
Lamborghini could launch an SUV in 2017, Winkelmann says
Thu, 12 Apr 2012Lamborghini could launch an SUV in 2017, CEO Stephan Winkelmann told a German newspaper. The Italian supercar brand will unveil a concept for the vehicle at the Beijing motor show on April 23 to test public reaction, according to a report in the German business daily Handelsblatt on Thursday. Winkelmann wants the SUV as a third model line along with the Gallardo and Aventador super cars to help make the brand profitable.
JJAD P1 EV gets closer
Fri, 23 Jan 2009Jim Dowle used to work as a designer for McLaren, and was involved in the original F1 development. So he knows a thing or two about lightweight performance cars. Last year Jim first announced details of his P1 concept, which was well received.