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Drayson Racing set new electric car speed record

Lord Paul Drayson (pictured) celebrating a new electric car land speed record Last month we reported that Lord Paul Drayson’s Drayson Racing were plotting an attack on the world land speed record for an electric car. And they’ve cracked it. In a two-way run at Elvington, Yorkshire, Lord Paul Drayson – Drayson Racing’s CEO and former science minister – was behind the wheel of the Drayson B12 69/EV as it completed two mile long runs in the space of an hour to record an average – and new World Record (for its class) – of 204.185mph.

Cadillac ATS and Tesla Model S make final five in Innovation By Design Award's 'Transportation' category

Cadillac's ATS and the Tesla Model S are among the five finalists bidding to win the ‘Transportation' category at this year's Innovation by Design Awards, which celebrates groundbreaking designs from the past year. Established last year by design magazine Fast Company, the awards consist of eight different categories – 2D Design, Products, Interactive Experience, Transportation, Spaces, Social Good, Concepts and Student Design – and this year saw over 1,200 submissions from all over the world, from corporations all the way down to individuals' designs. After a jury of 24 experts from all design disciplines – including J Mays, Ford's vice president of design and chief creative officer – whittled them down to just 54 designs, the Cadillac ATS and the Tesla Model S are battling for their category award against three other designs from 2013.

Aston Martin Slash 1/3rd of jobs

It’s getting silly out there. Aston Martin has this afternoon announced that it is to cut around a third of jobs at its Gaydon facility. That’s 300 full time and 300 part time.