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Eterniti Artemis costs a whopping £252k

Eterniti Artemis - Hemera as was - costs £252k The Eterniti Artemis – formerly know as the Eterniti Hemera – has debuted at Beijing, goes on sale in the summer and costs £252k. In case you’re as confused as we were when we got the press releases, the Eterniti Artemis isn’t a new 911 Turbo based supercar from Eterniti but the new name for what was the Eterniti Hemera, the titivated Porsche Cayenne Turbo with a big price tag. Until the reveal of the production version of the Eterniti Artemis in Beijing today we didn’t know how much Eterniti would want for their pimped Cayenne, although we had speculated it would be the wrong side of £150k.

First Sight: Daimler-BYD electric car design renderings leak out

Computer renderings of an electric car, being jointly developed by BYD Co., a Chinese battery and car producer that began making cars only less than a decade ago, and Daimler AG with more than a century of experience - were leaked for the second time this year. The car marks a critical juncture for the young Chinese carmaker based in the south China industrial hub of Shenzhen, just a stone's throw away from Hong Kong. It is also a key initiative in China, now the world's biggest auto market, for Daimler.

GM, SAIC to develop electric cars in China

General Motors will work with its joint-venture partner, Chinese carmaker SAIC Motor Corp., to develop parts and vehicle platforms for electric cars, the companies said on Tuesday. The automakers will use their existing joint venture in Shanghai, the Pan Asia Technical Automotive Center, as the home base to develop the electric car--aimed primarily at the Chinese market. GM says it plans to use the platform, components and technology from the project to build electric cars around the world for various markets.