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Ssangyong KEV2

Continuing Ssangyong's revival is another new car from the Korean company, the KEV2. Unveiled at the Seoul Motor Show, the KEV2 is an electric version of the company's outgoing Korando model. However, in the pursuit of diversifying the aesthetic between drivetrains, the KEV2 features a new DRG that sees the conventional grille lost and more aggressive, taught LED headlights replace the existing lamps.

Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.

British team aim for electric world record

A BRITISH team headed by Lord Drayson is seeking to set a new World Land Speed Record with its electric racing car. The Drayson B12 electric Le Mans racing car is heading to the Bonneville Salt Flats in Utah, USA in a bid to raise the current record for electric cars weighing less than 1000kg. Recently, the team set a new British record of 204.185mph with the same car.