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NEVS completes Saab purchase

National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.

Toyota FCV Has Passed its Most Important Stage Yet

Toyota FCV (pictured) moves closer to production With anticipation and excitement growing stronger and stronger for the Toyota FCV’s release, we are now one step closer to seeing it on the road with Toyota gaining the government’s approval status for them to build and inspect manufactured hydrogen tanks that carry high amounts of pressure. This has been a large hurdle in Toyota’s race to produce the world’s first road legal hydrogen powered vehicle due to the strict Japanese laws that outline all pressurised gas containers should be type-certified and should be available at all times to inspect for an official safety inspection throughout the manufacturing process. Now that Toyota have been given the go ahead, this boost in plans means that they can now ramp up the production of hydrogen tanks that can store hydrogen fuel at 70mpa (700bar) pressure.

Lexus HS250h – the Posh Prius

Lexus HS250h Dedicated Luxury Hybrid. Well, that’s what Lexus calls it. I reckon the LS600 made a pretty good fist of being a ‘Luxury Dedicated Hybrid’, but that doesn’t count apparently because you didn’t have to have the LS as a hybrid.