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Electric cars get a £500 million government cash boost – but will it get spent?

The new BMW i3 EV (pictured) will be subsidised until 2017. The subsidy of up to £5000 paid to buyers of electric cars has been with us for three years, but it hasn’t had much impact on EV sales and it did look like the government had decided to scrap it all together. But it looks like the coalition has allowed Nick Clegg to have his way with EV subsides in a move that will see £500 million injected in to promoting and supporting electric cars in the UK in the next few years.

2013 BMW M5 facelift & new M6 get Competition Package

The BMW M5 (left) & M6 with new Competition Packacge But the 2013 BMW M5 – and its coupe sister, the BMW M6 – will also be getting a Competition Package option for 2013, which is probably more interesting than the minor tweaks to the 2013 5 Series. The Competition Package adds more power to both the M5 and M6 – a whole 15bhp, taking it up to 567bhp – enough to improve the 0-62mph by 0.2s on both M5 and M6 as well as re-tuned dampers and springs – which lower ride height on the M5, but not the M6 – stiffer anti-roll bars, new M Diff and an improved Dynamic Mode which should allow you to play a bit more. On the cosmetic front, just like the 5 Series facelift, you’ll have to look quite hard to see what the Competition Package adds, but you do get a black finish on the tail pipes and a slightly different set of 20″ alloys.

Lotus Evora 414E Hybrid (2010): first news

By Tim Pollard First Official Pictures 24 February 2010 18:00 Lotus has confirmed the full details of its new Evora Hybrid, or the Lotus Evora 414E Hybrid Concept Car, to give it the full, long-winded name. It's a plug-in petrol-electric hybrid car in keeping with Hethel's performance credentials: it'll hit 60mph in 'less than 4sec'. The range of the Evora hybrid testbed is said to be more than 300 miles.