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Tesla opens its patents for everyone to share EV knowledge

By Michael Karkafiris Motor Industry 13 June 2014 10:43 Elon Musk, CEO of Tesla Motors and one of the most talked-about personalities in the automotive industry, announced today that his company has opened all of its patents to make way for the competition to catch up and promote electric mobility for a wider audience. Open-sourcing your patents is a rather unusual strategy in the automotive world but Musk says that ‘Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal.

Supermarkets slash fuel prices for bank holiday

SUPERMARKETS have announced fuel-price cuts ahead of the August bank holiday getaway. From tomorrow Asda, Sainsbury's and Tesco are all reducing the cost of their petrol by up to 2p a litre, with diesel going down by 1p a litre. In Asda's case, this will take the price of its petrol to no more than 124.7p a litre, with diesel at 128.7p for diesel – its lowest prices since January 2011.

Ferrari Hybrid confirmed

The Ferrari F430 Spyder Bio Fuel car from the Detroit Motor Show in 2008 We learnt at the weekend that Lamborghini are to reduce their CO2 footprint by 35%, and we recently  learnt about some of Ferrari’s Hybrid plans from patent applications the boys from Maranello had filed. But today we learn that not only is Ferrari looking at Hybrid options, but that it intends showing a car very soon – probably at the Los Angeles Motor Show in November. Ferrari is looking at several options to keep the ‘Environmentalists’ happy, including Bio-Fuel and Turbo charging.