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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.

Toyota to build Highlander hybrid in Indiana

Toyota Motor Corp. will invest $400 million to build a hybrid version of the Highlander crossover in Princeton, Ind. Toyota already builds the Highlander in Indiana but the hybrid Highlander has been assembled in Japan.

Renault working on 141mpg plug-in hybrid concept

Renault is working on a 141mpg plug-in hybrid concept car to be shown at the 2014 Paris Motor Show, according to Renault head of research, advanced studies and materials, Remi Bastien. Speaking to at Renault’s ‘Innovations’ event last year – showcasing the French manufacturer’s new technology that will underpin its next-generation models – Bastien revealed the new car will make its debut in 2014. On Bing: see pictures of Renaults Find out how much a used Renault costs on Auto Trader This means the ‘2l/100km’ concept car will likely make its first public appearance at Renault’s home Paris Motor Show in October, debuting experimental technology that could later filter down to other models in the Renault range.