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Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

BYD E6 – Next Gen Electric Car battery technology

Chinese car maker BYD are using revolutionary battery technology in the BYD E6 The biggest problem with electric cars (or one of them, at least) is that the battery technology is not really up to the ambitions of car makers. Chevrolet’s Volt (aka Opel Ampera) is a good case in point. Tellingly, a Toyota tecchy referred to the science behind the Chevvy Volt as ‘Vaporware’, and the whole project is founded on the expectation that the technolgy will develop quickly enough to make the car a reality.

Nissan Juke-R Official: Juke with GT-R heart – photos & video

Nissan Juke-R Official Just over a week ago we reported that Nissan were working on a ‘Super Juke’, a version of the cute urban warrior Juke with underpinnings from the Nissan GT-R. And now it’s official – welcome the Nissan Juke-R. despite our earlier report on the Juke-R promising the prospect of a mad Juke as an addition to the Juke lineup - albeit an extreme version – Nissan are calling the 520bhp Juke-R a concept.