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Caterham announces cut-price Seven 160 sports car

BRITISH sports car maker Caterham has announced a new low- priced version of its long-running Seven model. Dubbed the Seven 160, the new model starts at a measly £14,995 in component form or £17,995 fully built. Under the bonnet there is a turbocharged 660cc Suzuki engine and although this only offers up a modest 80bhp, that's still enough to power the lightweight Seven from 0-60mph in 6.5 seconds.

BMW i8 production car revealed – costs £99,845: Frankfurt 2013

The new BMW i8 Hybrid (pictured) will cost £100k in the UK The BMW i8 jas finally arrived in production guise at the Frankfurt Motor show, neatly creating the top end of BMW’s new i-brand range after the BMW i3 underlined the starting point. Looking really quite appealing, the i8 uses the same carbon fibre reinforced plastic bodyshell and aluminium chassis construction as the i3, but whereas the i3 is built to be a city car, the i8 is the closest we’re likely to get to a 21st century version of the BMW M1. Similar in size to the Audi R8, the BMW i8 is a 2+2 with a 3-cylinder 1.5 litre engine and generator sitting at the back and driving the rear wheels and an electric motor at the front driving the front wheels, with a petrol tank at the back and the batteries for the electric motor stored in the centre tunnel.

Elon Musk unveils Hyperloop

Elon Musk has been teasing us with something called the Hyperloop for a while now, referring to some Goldbergian cross between a railgun and an air hockey table that would zoot us and scoot us from San Francisco to Los Angeles in a half-hour. Now, in a 57-page PDF available here or here, he's outlined just what Hyperloop could be. Bad news?