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Mercedes SLS AMG Gullwing Electric – Official

Mercedes has confirmed they are planning an SLS AMG eDrive for 2015 As we suggested the other day, it looks like this will be known as the Mercedes SLS AMG eDrive. It will feature an in-board electric motor for each wheel, generating the equivalent of  526bhp, which should give the SLS eDrive similar performance to its conventionally driven sibling. By putting a motor at each corner, Mercedes are effectively endowing the SLS eDrive with an intelligent four wheel drive system.

Saab sale to National Electric Vehicle Sweden confirmed

The sale of a substantial portion of Saab assets to National Electric Vehicle Sweden has been confirmed. It’s taken a very long time, but Saab has finally found a new home in the hands of National Electric Vehicle Sweden, as we reported last week. National Electric Vehicles Sweden has been set up to take over the assets of Saab and is a consortium of Japanese, Swedish and Chinese stakeholders, but it does not get the contentious Saab 9-5 technology that has dogged the sale of Saab so far.

Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.