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Williams F1 sells Williams Hybrid Power to GKN for £8 million

GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and  Williams expect it could cut fuel use by up to 30 per cent.

U.S. government to buy 101 Chevrolet Volts, 10 Nissan Leafs and 5 Think City EVs

The Obama administration is buying the first 116 plug-in electric vehicles for the federal fleet -- 101 Chevrolet Volts, 10 Nissan Leafs and five Think City EVs, the U.S. General Services Administration said today. The purchases are part of a pilot project aimed at advancing President Obama's goal of having 1 million EVs on the road by 2015.

Nigel Mansell wants back in F1

Nigel Mansell wants back in F1 Speaking on the Chris Evans show on Radio 2, Mansell was asked about Schumacher’s failed return to to Ferrari. He poured scorn on the ‘bad neck’ excuse put forward by Schumacher. In his opinion is was just that – an excuse.