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Better Place EV Battery Swap business goes bust

It seemed like a good idea: take the cost of batteries out of the cost of buying an electric car and instead charge EV owners to use ‘Battery Swap’ stations where depleted batteries could be swapped for fully charged ones in the time it takes to fill an ICE car with petrol. But it’s all gone a bit Pete Tong. Better Place – which partnered with Renault in 2009 to make the battery swap technology viable – has failed to find anyone to add to the $750 million already involved in the project and has filed for bankruptcy.

Howard Hughes’s Lincoln sells for $1 million at Tulsa auction

A 1936 Lincoln Boat Tail Speedster--customized to the personal tastes of Howard Hughes--sold for $1 million at the Leake Car Show & Auction on June 13 in Tulsa, Okla. The head-turning blue and polished aluminum classic was the headliner at a sale that raked in $12.2 million and attracted more than 10,000 people to the three-day event. The Boat Tail is a truly unique car.

UK new car sales hit a ten-year high

UK new car sales continue to scale new heights, with more new cars sold in March 2014 than in any month in the past decade. Sales figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that 464,824 new cars were registered last month – a 17.7% rise over March 2014. It continues the trend of rocketing sales, with year-to-date registrations up 13.7%.