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Williams F1 sells Williams Hybrid Power to GKN for £8 million

GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and  Williams expect it could cut fuel use by up to 30 per cent.

Ferrari Enzo replacement (F70) will get V12

Ferrari F70 (New Enzo) to get V12 It seems to be taking forever for Ferrari to bring the replacement for the Enzo to the market. And that has meant endless speculation (guilty as charged) about what exactly the new Enzo will have to offer. As far back as 2009, we spoke to one of Ferrari’s ‘Favoured’ customers who, even then, had received the call from Maranello asking if he would like to be one of the lucky recipients of the new Enzo.

China’s Geely to bring Emgrand range to UK in 2013

Geely are planning to bring their Emgrand range to the UK We didn’t think Geely would venture to the West with any of their own brand cars, expecially as Geely is doing very well with its Swedish purchase – Volvo. But it seems that Geely is planning on bringing their cars – certainly the ‘Premium’ Emgrand range – to the UK by 2013. Regular readers may remember the Rolls Royce Phantom ‘Homage’ built by Geely and, more recently and more convincingly, their take on the MINI and the London Taxi.