EVs are Dead, Long Live Tesla says Morgan Stanley analyst

The Tesla Model S is the only successful electric car The experiment of getting the car buying public to believe an electric car is a sensible alternative to an ICE car isn’t an unmitigated failure – but it’s close. And now Investment Bank Morgan Stanley has come out and stated the obvious: Apart from the success of Tesla, electric cars are a failure, falling far short of sales predictions and likely to see no real growth in the coming years. Morgan Stanley declare that we will still all be driving ICE cars for the foreseeable future, and despite predictions that as many as one in ten cars will be BEVs by 2020 the reality is likely to be less than one in a hundred.

Toyota resumes sales of Lexus GX 460

Toyota has resumed sales of the 2010 Lexus GX 460 SUV, two weeks after it announced a recall of the 9,400 models already sold. The Japanese automaker stopped sales of the vehicle after Consumer Reports magazine declared the SUV a safety risk, warning readers that it was prone to oversteer in turns. Lexus tested the car in response to the warning and made changes to the vehicle's electronic stability-control software.

Renaultsport Megane teased

These car manufacturers do love to tease. One after another they come up with ways to ‘leak’ a little info, or present us with teaser images (like the Fiat 500C last week). And now Renault are playing the game ahead of the reveal of the Renaultsport Megane at Geneva in a few weeks.