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TrueCar announces women's racing initiative

TrueCar, publishers of new-car-transaction data, revealed plans for a multiyear push into motorsports sponsorship but with a twist. TrueCar will throw its money behind female racers in premier series and up-and-coming ones in numerous development series. "TrueCar is built upon the foundation of empowering individuals with the tools and resources they need to become expert car buyers," TrueCar founder and CEO Scott Painter said.

Volvo develops new energy storage technology

Volvo is looking to make heavy batteries in electric vehicles a thing of the past, unveiling a new technology still under development that could use the body panels of the vehicle to store energy. Everyone knows that right now one of the biggest technological limiting factors of electric vehicles are the batteries. They can be damaged through depletion, they add weight, they use expensive and polluting technologies to manufacture, and they just don't hold as much energy as we'd like.

Cadillac ELR gives paddle shifters new purpose

We're learning more about the Cadillac ELR, which is set to hit showrooms in limited quantities early next year. Cadillac revealed Friday that the Volt in luxury clothing will use paddle shifters in a whole new way. Instead of using them to shift through gears, ELR drivers will be able to tap the paddles to engage a new feature called Regen on Demand.