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Bonkers KTM X-Bow GT with 435hp

KTM’s X-Bow is the Austrian firm’s answer to the Caterham Seven – a lightweight, two-seater track car that makes no sacrifices when it comes to luxuries. Which is why KTM added a bit more in the way of creature comforts (including a windscreen) for its more relaxed ‘GT’ model. And now German tuners Wimmer Rennsporttechnik have got their hands on the X-Bow GT, playing with the engine to turn up the heat… Please click on the image above to read more on the KTM X-Bow GT by Wimmer Rennsporttechnik…

Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.

Porsche 918 Spyder to get 875bhp to take on McLaren P1 & LaFerrari

The Porche 918 Spyder – Porsche’s hybrid supercar – is to get a power boost and go on a diet to better compete with the McLaren P1 and LaFerrari. But the duo of hybrid supercars at Geneva will become a trio at the Frankfurt Motor Show in September when the Porsche 918 Spyder gets revealed in final production form before heading for a select group of customers in 2014. It does seem to have taken Porsche quite a while to get the 918 Spyder in production-ready guise  but it seems they may have been waiting to see what McLaren and Ferrari had up their collective sleeves before settling on a production specification for the 918 Spyder.