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EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.

Honda’s Insight for Europe revealed

  Honda Insight for UK undercuts the Prius [ad#ad-1] Last week at the Detroit Motor Show, Honda revealed its Prius-challenging Insight Hybrid, and has today revealed details on the UK/Euro version. The new Insight, which utilises a 1.3 litre petrol engine with 88bhp, coupled with a 14bhp electric motor to give a 0-60 of just over 12 seconds and 113mph, has very low Co2 of 101-105g/km (which means just £35 VED – but if only they’d shaved that a smidge it would have been a freebie) which is very creditable. Honda has the Prius firmly in its sights with this car, and it aims to comfortably undercut the Prius on price.

Porsche 911 GT3 R racer rockets to America

The potent Porsche 911 GT3 R is bringing its vaunted blend of 480 hp and lightweight construction to the United States. But here’s the rub--only three are en route. The race car replaced the 911 GT3 Cup S in Porsche’s motorsports line and has become a staple of European competition.