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EV car maker Aptera shuts down
Fri, 02 Dec 2011Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.
Hyundai i-oniq concept car (2012) first pictures
Thu, 01 Mar 2012If, like us, you think Hyundai's on a stylistic roll, wait until you see this. The new Hyundai i-oniq concept car signals the next stage of Hyundai's Euro-focused design lanuage. The i-oniq concept car will be shown at the 2012 Geneva motor show on 6 March.
Toyota and Lexus cars may have problems with stalling engines
Thu, 01 Jul 2010More than a quarter-million Toyota cars sold worldwide--including many Lexus cars--have engines that may suddenly stall while the car is moving, Toyota said on Thursday. So far, Toyota has not recalled the vehicles, which total about 270,000 units. And its announcement in Japan did not say how Toyota discovered the problem.