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‘Nemesis’ breaks UK electric car speed record

An electric car – based on a second-hand Lotus Exige – has broken the UK electric car speed record with a speed of 151.6mph. We’re not entirely sure how relevant a new UK speed record for an electric car is, but let’s be parochial and report it anyway. The ‘Nemesis’ is an electric car built round a second hand Lotus Exige, bought off eBay, by a team of engineers in a shed in Norfolk and driven by an Estate Agent from Gloucestershire.

Autoweek in review: Ferrari teases supercar, Mini flips out and the 2013 Porsche Panamera GTS

While many of us spent Monday honoring our favorite presidents (still Taft, Van Buren and R.B. Hayes), Ferrari teased us with shots of its Enzo successor and gave us some pricing details. By now you should have saved at least 20 bucks toward that $1.3 million.

Miko's high performance material with an ecological edge

Italian company Miko specializes in the development and production of Dinamica, a high quality ecological microfiber that can be used for anything from car door panels or upholstery to fashion accessories. The faux suede material is produced from a combination of recycled polyester and polyurethane fibers, and is also 100 percent recyclable at the end of its lifecycle. Lorenzo Terraneo, CEO of Miko, says: "Our priority has always been to invest in the research and development of recycled and eco-compatible materials with special characteristics that go far beyond existing qualitative standards." It is a testament to Terraneo's commitment that his company achieved its early aspirations and eco credentials long before concern for the environment and the reduction of carbon emissions was high on the political agenda or prevalent in the public conscience.