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Renault’s electric cars ‘will cost the same as its diesels’

By Richard Yarrow Motor Industry 28 April 2009 12:10 Three electric vehicles (EVs) in development by Renault will cost the same as the equivalent diesels in Britain, the company has confirmed to CAR Online. Battery-powered electric Renaults are expected to cost from around £15,000 when they arrive in the next couple of years. The announcement takes into account the UK Government’s £5000 EV incentive scheme announced earlier this month.

Rare Ferraris head to Pebble Beach Show

Two collections of eye-catching and rare Ferraris will be reunited in August at the Pebble Beach Concours d'Elegance. The Monterey event will play host to 10 1949 166 MM Touring Barchettas and the only four TR 59 race cars believed to be in existence. The significance of the 166 MM Touring Barchetta--like that of many Ferraris--is twofold.

Geely's new Shanghai design studio at the center of four-studio operation

Geely Group's new central Shanghai Design Center is the global hub of its four-studio design operations. The facility on Guozhan Road, Pudong New District was formerly the site of the Central American Union Pavilion during the 2010 Shanghai EXPO and was chosen for its potential for growth despite its downtown location. The 3,800 square meter studio will be home to around 110 staff – both local and international – over the coming months, as part of the company's ongoing recruitment drive as it strives to be seen as one of the leading Chinese players.