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Toyota and Tesla strike $50m electric car deal

Toyota has bought a $50m chunk of Tesla By Tim Pollard Motor Industry 21 May 2010 09:15 Toyota today agreed to buy a $50 million stake in Tesla Motors, the Californian electric car start-up. The two companies plan to cooperate on electric vehicles, batteries and other EV technology. But Tesla's tiny!

Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.

Vauxhall Ampera Hybrid – No range anxiety

The Vauxhall Ampera goes on a 350 mile run We’ve been moaning quite a bit about the claims being made by car makers for their electric cars. We understand that a big drawback for buyers is ‘Range Anxiety’, a completely understandable concern when you can’t exactly pull over and top up your electric. So we asked Secretary of State Philip Hammond to look at legislation on range claims by electric car makers so buyers can make a judgement on the facts, not the fiction.