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Nissan opens new design studio in Beijing

Delayed by the deadly earthquake that hit Japan earlier this year, Nissan Motor Co.'s new design center in Beijing finally received a proper opening this week, when global design chief Shiro Nakamura showed off the studio as a new source of ideas for Nissan and Infiniti. Nissan Design China, as the Beijing-based center is known, "is not a studio to just generate ideas for China," Nakamura said in an interview with Car Design News. It's equipped to handle designs of show cars and production cars for both Nissan and Infiniti brands, aimed at customers in China, as well as around the world.

Koenigsegg planning an entry-level car – but it’ll still cost £500k

Koenigsegg are planning an entry-level car at half the price of the Agera R (pictured) Think of the cars that Christian von Koenigsegg has made since he started with the CC8S in 2002 and you think of them as extremes of the supercar genre; the Swedish engineering take on the bloated and massively complex Bugatti Veyron. Christian’s men in a shed in Sweden have gone on to make a series of progressively quicker and more impressive supercars, through the CCR, CCX and the Agera and on to the current most extreme iteration – the Koenigsegg One:1. But it looks like Christian has decided that his ambition to create the world’s greatest hypercar leaves room for a ‘Lesser’ Koenigsegg, a car that still has innovative engineering and extreme performance but comes at a lower price.

Leonardo DiCaprio launches Formula E racing team

Formula E Star of the silver screen Leonardo DiCaprio has launched his own racing team. Called Venturi Automobiles, the new motorsport outfit will campaign a single-seater racing car in the first season of the Formula E all-electric championship next year. On Bing: see pictures of Leonardo DiCaprioOn Bing: see pictures of Formula EWhat is Formula E?