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Better Place EV Battery Swap business goes bust

It seemed like a good idea: take the cost of batteries out of the cost of buying an electric car and instead charge EV owners to use ‘Battery Swap’ stations where depleted batteries could be swapped for fully charged ones in the time it takes to fill an ICE car with petrol. But it’s all gone a bit Pete Tong. Better Place – which partnered with Renault in 2009 to make the battery swap technology viable – has failed to find anyone to add to the $750 million already involved in the project and has filed for bankruptcy.

SEAT Leon Twin Drive Prototype surfaces in Barcelona

VW’s Spanish arm SEAT today unveiled their vision of the future, with the SEAT Leon Twin Drive Prototype unveiling in Barcelona. The Twin Drive concept is simple, but quite promising. It offers an electric motor for running around town, but switches to a diesel or petrol engine when out of town.

New BMW M1 isn’t happening

BMW won’t be building a new M1 A new BMW M1 Supercar has been mooted for some time – BMW even produced the M1 Homage in 2008 – but it’s not going to happen. We’ve expected BMW to bite the bullet at some point and recreate its mid-engined M1 Supercar. After all, car makers like a halo and, although BMW has some very impressive cars, they don’t really have anything like the Mercedes SLS.