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EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.

New smart fortwo electric drive enters production

Mercedes has announced that the third generation 2012 smart fortwo electric drive has gone in to production. Mercedes may, very sensibly, be pursuing hydrogen fuel cells as the real future of motoring but they still have an eye on electric cars as urban runarounds. That urban EV takes shape as the Smart EV, and the third generation smart fortwo ED (electric drive) debuted at the Geneva Motor Show in March and has now gone in to production.

'Ford shouldn't sell Jaguar/Land Rover'

By Tim Pollard Motor Industry 30 January 2008 15:01 A majority of CAR Magazine Online users reckon that Ford is making a mistake by selling Jaguar and Land Rover. Nearly 60 percent of our website users say the Blue Oval shouldn’t flog its premium-badged crown jewels, according to our exclusive online poll. Ford is poised to announce the sell-off in the next few weeks; a decision is currently tipped for the end of February 2008, according to chief executive Alan Mulally, although deals of this epic scale can sometimes drag on for even longer.