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Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

Design Museum's Designs of the Year Awards 2012

The Design Museum opened its ‘Designs of the Year' exhibition yesterday in a celebration of global design innovation at its home in Shad Thames, London. Designs from across the world within seven categories – Transport, Architecture, Digital, Fashion, Furniture, Graphics and Product – have been nominated by industry experts, with the nominations now on show at the Design Museum. The first of the transportation nominations is the Autolib, a Parisian electric car commissioned by Paris' Mayor, Bertrand Delanoë.

McLaren 650S Spider joins 650S Coupe: Geneva Motor Show

The McLaren 650S Spider revealed at the Geneva Motor Show We had the reveal of the new McLaren 650S Coupe just last month, but what we didn’t get is the reveal of the Convertible version. But that’s all changed today with the arrival of the McLaren 650S Spider in Geneva with the same trick folding roof as the 12C Spider and the same cosmetic and dynamic changes as the 650S Coupe. That means open-top motoring with stunning performance – 0-62mph in 3 seconds and 124mph in 8.5 seconds thanks to the 650S’s 641bhp and 500lb/ft of torque from its updated 3.8 litre V8.