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Ferrari Special Projects develops latest custom

Ferrari's Special Projects team is developing its fifth car for Ferrari collector and petro-chemical magnate Cheerag Arya, dubbed the Arya SP. Arya, who has seven Ferrari's including a 599 GTO and 599 XX, signed off the design after being shown twelve design sketches and now a clay model has been approved and development is set to begin. "I told the designers what I wanted and they presented me with a total of 12 designs.

Electric cars get a £500 million government cash boost – but will it get spent?

The new BMW i3 EV (pictured) will be subsidised until 2017. The subsidy of up to £5000 paid to buyers of electric cars has been with us for three years, but it hasn’t had much impact on EV sales and it did look like the government had decided to scrap it all together. But it looks like the coalition has allowed Nick Clegg to have his way with EV subsides in a move that will see £500 million injected in to promoting and supporting electric cars in the UK in the next few years.

Ariel Atom 3.5 (2012) first official pictures

It's difficult for Ariel to come up with a mid-life refresh for its cars - there simply aren't that many bits to fiddle with in the first place. Still, the boys from Somerset must have succeeded, because what we have here is the freshly updated Ariel Atom 3.5. As the name suggests, it's a development of the Ariel Atom 3, with a crop of minor visual  tweaks and some mechanical changes too, keeping Caterham and BAC looking over their shoulders.