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Porsche Boxster E (2011): prototype Boxster EV

Porsche recently rolled out the first of three Boxster E electric vehicles, to take part in the 'Electromobility Region Stuttgart' local government initiative in Germany. The Boxster E is powered by two electric motors, capable of a peak power output of 180kW. Energy is stored in a 29kWh battery pack.  Not with the Boxster E. Three electric Boxsters are being built as part of a programme sponsored by the Baden-Wurttemberg state government (Porsche's home state in Germany) and WRS, the Stuttgart Region Economic Development Corporation.  Porsche's hometown of Stuttgart is one of eight model regions participating in a federal pilot programme sponsored by the Minitsry of Transport, Building and Urban Affairs to develop EVs and their supporting infrastructure.  The three Boxster E prototypes will take part in the programme, acting as mobile laboratories for testing EV usage and planning for EVs in urban infrastructure.  CAR's view? We reckon this electric Boxster E is much cooler than your usual EV council van.

Future products: Infiniti adds models at top, bottom of lineup

In an effort to broaden its product coverage, Infiniti will launch a more expensive model and a less expensive one. The brand also will get two alternative powertrain technologies next year. G25: The luxury marque's entry-level sedan will go on sale this month in a bid to reach deeper into the near-luxury segment.

Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.