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Lotus Hybrid – the Lotus Evora 414E – at Geneva
Thu, 25 Feb 2010The only photo we have of the Lotus Evora 414E Hybrid Last year we reported on a range extender engine developed by Lotus for use in hybrid cars. The range extender engine was part of a joint project between Lotus, Jaguar, MIRA and Caparo in conjunction with the Technology Strategy Board and was designed to provide charge – rather than drive – for hybrid cars. A solution that seems far more elegant than the current Prius-type setups.
Hyundai i30 three-door Paris 2012 Debut
Fri, 14 Sep 2012Hyundai has revealed the three door version of the new i30 ahead of a debut at the 2012 Paris Motor Show. The new Hyundai i30 range continues to grow with the i30 3-door joining the 5-door hatch and i30 Tourer, and bringing with it a more stylish look. The 3-door i30 – we want to call it the i30 Coupe – gets a sharply-raked beltline and a more angular glasshouse with longer front doors, and looks a lot more sleek than its five-door sibling.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.