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Tesla Model S Performance is the quickest electric car…in the world

A Tesla Model S Performance has set a world record as the fastest production electric car with a 1/4 mile run of just 12.371 seconds. Yes, we still believe – certainly with the current and prospective battery technology – that the only real use an electric car has is as a small urban runaround or a local deliver vehicle. But that doesn’t stop us being impressed by the Tesla Model S.

New Audi S1: 231hp, sub-£25k price

Pictures and full details of the Audi S1 have been released ahead of the car’s public debut at the Geneva Motor Show next month. If the bright yellow colour of the car pictured doesn’t grab you, the stats probably will – this pocket rocket has four-wheel drive, a 0-62mph time of just 5.8 seconds and prices starting from less than £25,000 (just). Audi Audi S1: what's new?

Henrik Fisker leaves his eponymous company

Henrik Fisker, co-founder of Fisker Automotive, has resigned from the company as Fisker seeks funding to move forward. But Henrik Fisker managed to convince the car world his Fisker Karma was credible, even if its gestation has been plagued by problems,  the latest of which has been the demise of its battery supplier – A123 Systems – and the wrecking of a dock full of seemingly uninsured Karmas by Hurricane Sandy. The current problems at Fisker has seen them seeking a new investor, with two Chinese companies – Geely and Dohnfeng – vying to take a majority stake in Fisker Automotive and help Fisker recover sales of the Karma and move on with Project Nina, the smaller Fisker Atlantic.