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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!

Rare Horch 855 Spezial Roadster missing from Yanukovych car collection

Ukraine's president Viktor Yanukovych, now hiding in Russia, seemed to have everything imaginable and unimaginable in his car collection on the Dnieper River. Everything from a fiberglass-bodied Ford Custom Coupe based on a 1994 Ford Mustang, to an early post-war GAZ M20 Pobeda. A couple days ago, we gave you an exclusive look at his collection in detail, showing all the vehicles that anti-Yanukovych activists and journalists saw when they made their way to the compound following Yanukovych's hasty departure for Sevastopol by helicopter.

From 'Made in China' to 'Designed in China'

Visitors to the recent Auto China in Beijing may have noticed an impressive new Chinese sports car – called Aculeus – on one of the smaller exhibitor stands. The concept car is the latest project undertaken by CH-Auto Technology Corporation – one of a growing number of automotive R&D service companies based in China that provides support to the OEMs. The company was established in August 2003 by Lu Qun, an engineer who originally trained at Tsinghua University and later specialized in engine development testing.