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Better Place EV Battery Swap business goes bust

It seemed like a good idea: take the cost of batteries out of the cost of buying an electric car and instead charge EV owners to use ‘Battery Swap’ stations where depleted batteries could be swapped for fully charged ones in the time it takes to fill an ICE car with petrol. But it’s all gone a bit Pete Tong. Better Place – which partnered with Renault in 2009 to make the battery swap technology viable – has failed to find anyone to add to the $750 million already involved in the project and has filed for bankruptcy.

Infiniti FX50 by Sebastian Vettel breaks cover

Infiniti FX50 by Sebastian Vettel We still think it’s daft – Infiniti pouring money in to Red Bull F1 sponsorship – but if that’s what The PR powers that be at Infiniti want to spend their marketing budget on, they should get some payback from Red Bull. Which is why we’re being treated to the Infiniti FX50 by Sebastian Vettel. Or whatever moniker Infiniti decide to attach to this Limited Edition.

Come on Mandy, get yer finger out!

Lord Mandelson needs to sort out car finance and the Scrappage Scheme before it's too late. [ad#ad-1] I’m not a huge fan of Government interference in the market. Whatever they do, they usually screw it up.