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Buy a hydrogen-powered car in 2015…at least in California

At the Consumers Electronics Show this week Toyota claimed that a production version of its four-door midsize FCV concept fuel cell sedan will hit showrooms some time in 2015. Toyota has been investing in fuel-cell technology for the past 20 years, and since 2002 it has been testing and developing prototypes primarily in North America. Toyota claims that it has reduced the cost of producing a fuel-cell powertrain, and has estimated a 95 percent cost reduction in the powertrain and fuel tanks for the 2015 production model versus the 2002 prototype.

BMW i3 tops Sunday Times best Electric Cars list

The BMW i3 EV tops Sunday Times best Electric Cars list Just as they did with the new Range Rover last year, the Sunday Times has declared the new BMW i3 EV the pick of the bunch of electric and hybrid cars on sale in the UK, despite the i3 not yet arriving on UK roads. But there seems a good chance that the Sunday Times have got it right this time too, just as they did with the new Range Rover. The Sunday Times praised BMW for biding its time with the launch of their first electric and range-extender car (the next, the BMW i8 supercar, will arrive in 2014) and said the i3′s big appeal lies not in its cutting edge electric motor or battery technology – because there isn’t any – but in its appeal as a car even without its EV powertrain.

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.