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EVs are Dead, Long Live Tesla says Morgan Stanley analyst

The Tesla Model S is the only successful electric car The experiment of getting the car buying public to believe an electric car is a sensible alternative to an ICE car isn’t an unmitigated failure – but it’s close. And now Investment Bank Morgan Stanley has come out and stated the obvious: Apart from the success of Tesla, electric cars are a failure, falling far short of sales predictions and likely to see no real growth in the coming years. Morgan Stanley declare that we will still all be driving ICE cars for the foreseeable future, and despite predictions that as many as one in ten cars will be BEVs by 2020 the reality is likely to be less than one in a hundred.

Porsche Cayenne Hybrid (2007): first official pictures

By Ben Pulman First Official Pictures 26 July 2007 04:57 A Porsche hybrid? That's right, and CAR Online has just returned from a visit to Weissach - Porsche's R&D HQ near Stuttgart - where we were given the full lowdown on the Cayenne Hybrid. Porsche's hand has been forced by the current public and political climate surrounding CO2 and global warming - and the company has taken the unusual step of showing its prototypes even though they're a few years from production.

Petersen museum executive director to retire

The executive director of the Petersen Automotive Museum is retiring after a 12-year-run at the helm of one of the nation's preeminent car collections. Richard Messer is stepping down to concentrate on other business interests. He will be replaced by Buddy Pepp on June 15.