Cars
Dale Vince, the founder of Gloucestershire-based wind farm company Ecotricity, has paid a team of engineers £1 million (US$1.6 million) to transform a second-hand Lotus Exige into Britain's first road legal electric supercar, the Nemesis. The kicker is that £400,000 (US$646,000) of that £1 million was sourced from the British Government's Technology Strategy Board, with no plans as yet to put the vehicle into production.
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Among the many world premieres at the Lotus stand in Frankfurt is the new Exige series and more specifically, the street-legal Exige S, and the competition Exige GT with which the British company plans to make its comeback to the world of rallying. ...
- Spyker To Sell Its Sportscar Business In Order To Focus On Saab
Spyker Cars N.V., the Dutch owner of Saab, announced today that is has started negotiations to sell its sports car brand in order to focus on the development of premium car maker Saab, which it acquired one year ago from General Motors. The Dutch company...
- 21yo Saudi Arabian Millionaire Takes Delivery Of 33rd Supercar
Actress Bo Derek once quipped, "Whoever said money can't buy happiness simply didn't know where to go shopping." Someone who would most likely agree with her is 21-year-old Dhiaa Al-Essa, a Saudi Arabian Engineering student and millionaire...
- Daimler And Byd Join Forces, Create A New Brand With Electric Cars For China
Chinese automaker BYD (Build Your Dreams) and Mercedes-Benz's parent company Daimler AG have set up a new joint venture called "Shenzhen BYD Daimler New Technology Co. Ltd," to develop electric vehicles for China. The two companies said...
- Swiss Court Slaps Millionaire With A Record Breaking $290,000 Speeding Ticket!
In most parts of the world, speed offenders are usually slapped on the wrist with a reasonable penalty. But not in Switzerland where high-speed fines are calculated based on the motorist's income and/or wealth. So what happens if the wrongdoer is...
Cars
British Millionaire Uses Taxpayer Money to Build Himself Electric Supercar
Dale Vince, the founder of Gloucestershire-based wind farm company Ecotricity, has paid a team of engineers £1 million (US$1.6 million) to transform a second-hand Lotus Exige into Britain's first road legal electric supercar, the Nemesis. The kicker is that £400,000 (US$646,000) of that £1 million was sourced from the British Government's Technology Strategy Board, with no plans as yet to put the vehicle into production.
The 48yo multi-millionaire is using the 330 bhp (242 kW) Nemesis as his daily driver, something that has upset taxpayer groups:
"It looks totally inappropriate for a millionaire to be cruising around in a sports car funded, at least in part, by the rest of us." said campaign manager Fiona McEvoy of TaxPayer's Alliance.
- Iaa 2011: Lotus Debuts New Exige S With 350hp V6 And Rally-spec Exige R-gt
Among the many world premieres at the Lotus stand in Frankfurt is the new Exige series and more specifically, the street-legal Exige S, and the competition Exige GT with which the British company plans to make its comeback to the world of rallying. ...
- Spyker To Sell Its Sportscar Business In Order To Focus On Saab
Spyker Cars N.V., the Dutch owner of Saab, announced today that is has started negotiations to sell its sports car brand in order to focus on the development of premium car maker Saab, which it acquired one year ago from General Motors. The Dutch company...
- 21yo Saudi Arabian Millionaire Takes Delivery Of 33rd Supercar
Actress Bo Derek once quipped, "Whoever said money can't buy happiness simply didn't know where to go shopping." Someone who would most likely agree with her is 21-year-old Dhiaa Al-Essa, a Saudi Arabian Engineering student and millionaire...
- Daimler And Byd Join Forces, Create A New Brand With Electric Cars For China
Chinese automaker BYD (Build Your Dreams) and Mercedes-Benz's parent company Daimler AG have set up a new joint venture called "Shenzhen BYD Daimler New Technology Co. Ltd," to develop electric vehicles for China. The two companies said...
- Swiss Court Slaps Millionaire With A Record Breaking $290,000 Speeding Ticket!
In most parts of the world, speed offenders are usually slapped on the wrist with a reasonable penalty. But not in Switzerland where high-speed fines are calculated based on the motorist's income and/or wealth. So what happens if the wrongdoer is...