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Battery breakthrough set to accelerate electric-car development

A team of scientists working at the Massachusetts Institute of Technology are claiming a significant breakthrough in recharging times for lithium-ion batteries. According to findings published in the scientific journal Nature, MIT researchers Byoungwoo Kang and Gerbrand Ceder have unlocked the potential of lithium-ion batteries by patenting a unique process which is claimed to allow a typical laptop power pack to be fully recharged in less than a minute--an improvement in recharging performance of roughly 90 percent over existing lithium-ion batteries. Lithium-ion batteries generate electric current via the flow of lithium ions across an electrolyte, from an electrode to a cathode.

Just one new Ferrari sold in Greece in 2012 – and it came to the UK!

Just one new Ferrari was sold in Greece in 2012 in the depths of Greece’s austerity, and it seems even that lone Ferrari came to the UK. None of which is particularly surprising considering the mess Greece has got in to since its tied itself to monster economies like Germany when it joined the Eurozone. There’s no doubt there are still plenty of gazillionaires in Greece, but how many of them would want to risk parading their wealth in a brand new Ferrari when Greece is in such a financial mess, more than one in four are out of work and soup kitchens are springing up as normal Greeks struggle to even feed themselves?

McLaren announces markets for MP4-12C

McLaren announced 35 markets where it will sell the Formula-One-inspired MP4-12C on Friday, including New York, Chicago, Los Angeles and Toronto. Ten markets in the North America will sell the ultra-light, high-performance sports car starting in the spring of 2011. Other global markets include London, Monaco, Paris, Frankfurt, Kuwait and Johannesburg.