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Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

Tesla Model S does battery swap in 90 seconds

Tesla can swap the batteries on a Model S in just 90 seconds The Tesla Model S was built from the start to offer battery swap as an alternative to a recharge. And now it’s become a reality. When Better Place revealed their plans – in conjunction with Renault – to offer Battery Swap technology we applauded it as a sensible way to make electric cars a more sensible mainstream option.

Opel Ampera: the full, official technical story

By Tim Pollard Motor Industry 25 March 2009 10:05 Opel/Vauxhall predict that the new Ampera production car will sell more in Britain than anywhere else in Europe. The extended range electric vehicle, unveiled at the recent 2009 Geneva motor show, will go on sale here in late 2011 and marketing bosses say the UK is more accepting of hybrids and alternative vehicles than other markets. It’s not clear at this stage how much the Ampera will cost in the UK, but we’re looking at a likely cost around £20,000.