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Bill Gates, venture capitalist invest $23.5 million in EcoMotors

EcoMotors International has received $23.5 million from Microsoft Corp. Chairman Bill Gates and investor Vinod Khosla for engineering and testing of its trademarked Opoc engine technology. EcoMotors said in a statement Monday that the investment marks a key advance in commercializing its opposed piston-opposed cylinder engine.

Mercedes-Benz replaces CLK with E-class coupe

After a 12-year run and more than 460,000 sales across two generations, Mercedes-Benz has replaced the CLK with the 2010 E-class coupe. Debuting at next month's Geneva motor show and with U.S. sales slated to begin in June, the upmarket two-door represents a departure from its predecessor not only in name but also on a technical basis, switching from the old C-class platform to a modified version of the structure that underpins the recently revealed E-class sedan.

Driverless 'pods' to hit Milton Keynes

DRIVERLESS cars will transport people through the streets of a British town in a £1.5 million project aimed at boosting green technology. From 2015 an initial batch of 20 driver-operated "pods", which will be able to carry two people, will be run on designated pathways separated from pedestrians in Milton Keynes. But by mid-2017 it is planned that 100 fully autonomous vehicles will run on pathways alongside people, using sensors to avoid collisions with obstacles.