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Tesla Model S finally revealed

The Tesla Model S, a full sized Electric Saloon car, unveiled in California The Tesla Model S is a full size saloon which, at the projected price of $50,000 (including a federal tax break), should make a significant impact on the market. I say projected simply because the car will not be ready for sale until 2011, so there is plenty of time for ‘adjustments’. We’ll see.

UK electric car sales hit record high

While electric cars may not have taken off as quickly as the likes of Renault and Nissan had hoped, the latest figures from the government’s £5,000 electric car grant scheme show that sales have leapt 25% in the last quarter. A total of 1,149 electric cars were registered in Q3, not only a 25% improvement over Q2, but the most successful quarter since the government scheme began back in January 2011, indicating that consumers are starting to understand the technology and its limitations rather better. On Bing: see pictures of electric cars in the UK Find out how much an electric car costs on Auto Trader This news comes as the Renault-Nissan alliance has been forced to admit it is not going to reach its self-imposed target of 1.5 million electric car sales by 2016.

Lotus CEO Dany Bahar on the crisis at Lotus Cars

Lotus chief executive Dany Bahar has laid bare the business position at Lotus Cars since the takeover of parent company Proton by Malaysia's DRB-Hicom. Norfolk's sports car maker has been buffeted by rumours of financial crisis and looming collapse since development was frozen by the new owners (click here for our coverage of the crisis at Lotus. CAR scored an interview with Bahar at the Hethel headquarters yesterday afternoon. He was abroad at the time of last week's media maelstrom, when rumours and slurs flew around about the state of Lotus's finances.