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BMW & Toyota to collaborate on next-generation lithium-ion battery cells
Tue, 27 Mar 2012Toyota & BMW to work together on next-gen lithium-ion batteries BMW and Toyota are to work together to develop next-generation lithium-ion battery technology to try and make battery power more effective. Late last year we learnt that BMW and Toyota are to work more closely to share technology and expertise as the car industry enters a period of consolidation and partnership to try and keep R&D costs under control, and make their products more cost-effective. The result of the BMW Toyota tie-up sees BMW getting access to some of Toyota’s Hybrid nous and Toyota getting access to BMW’s excellent diesel engines.
Aptera Motors reaches end of the road
Wed, 07 Dec 2011Start-up EV manufacturer Aptera Motors has announced it is going out of business. The brainchild of former Chrysler brand manager and CEO of ASC Inc, Paul Wilbur, the company had gained approval for a $150 million loan from the U.S. Department of Energy's advanced vehicle fund, but was unable to find further backing.
Porsche to build 918 Spyder
Mon, 21 Mar 2011Porsche today announced that it will build the 918 Spyder, a road legal version of the 718bhp hybrid sports car that made its debut at the Geneva motor show last year. The company says the hybrid sports car will be limited to just 918 examples and be offered in left-hand drive only in order to ensure exclusivity of the new model. Based on a carbon fiber-reinforced plastic monocoque, the 918 Spyder's design DNA is derived from the Carrera GT and Porsche 917 race car as well as the RS Spyder.