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Williams F1 sells Williams Hybrid Power to GKN for £8 million

GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and  Williams expect it could cut fuel use by up to 30 per cent.

Lotus CEO fired - Dany Bahar won't return to Lotus

Lotus chief executive officer Dany Bahar was tonight ousted from his job as the boss of Group Lotus. The Nofolk sports car maker's new Malaysian owners, DRB-Hicom, issued a terse statement confirming Bahar's departure. As CAR earlier reported, Bahar had been suspended following an investigation into his expenses.

Volkswagen XL1 Super Efficient Vehicle (SEV) spy video

Volkswagen XL1 caught on video The Volkswagen XL1 – a super efficient diesel hybrid – caught on video winter testing and undisguised. The VW XL1 arrived at the Qatar Motor Show in 2011, a two-seater diesel-electric hybrid with a design that looks like it came from a 1920s view of the future, and claims of a gazillion miles to the gallon. At the time VW debuted the XL1 we reckoned there was as much chance of it going in to production as McLaren’s latest Formula One car making it in to a showroom, and that the XL1 was just a test bed for all the future tech that might just find its way in to Volkswagen’s road cars.