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Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

Volkswagen Nils concept

Volkswagen will give its newest concept vehicle, named Nils, its public debut at the 2011 Frankfurt motor show. The single-seat electric concept vehicle, which has been designed to be economical and production feasible, features an aluminium space frame, wing doors and free-standing wheels. Though its inspiration may come from Formula 1, the styling has its origins at the Volkswagen Design Centre in Potsdam, Berlin.

Car Design Awards China winners head to Coventry University

Two Car Design China Award 2012 winners won the fantastic opportunity to spend two weeks in Coventry's Automotive Design department. We headed to Coventry to find out how Cao Chengang, a Tongji University graduate, and Gao Zhigiang, currently studying at Huazhong University of Science and Technology, are finding their time in the UK. After shaking off their jet lag they rolled their sleeves up and began an intense project under the watchful eye of the Art and Design school's senior lecturers.