The little Up has been a huge success for Volkswagen, with its compact dimension, stylish design and excellent oad handling going down a storm with car buyers. However a van version wouldn’t seem an obvious move. After all, the Up only has a small boot and even with the seats removed you’d hardly call it cavernous. But that hasn’t stopped Volkswagen creating the e-Load Up.
Singapore invests $63M in fuel cell company Intelligent Energy
GIC, Singapore’s sovereign wealth fund, has invested approximately $63 million in UK-based fuel-cell manufacturer Intelligent Energy Holdings plc.
The investment takes the form of a new issue of 15,129,468 Ordinary Shares to GIC, representing 10% of the company’s enlarged issued ordinary share capital immediately following the placing of shares to GIC, at a subscription price of £2.50 per Ordinary Share.
Russia to limit state procurement of imported cars
Russia plans to restrict state procurement of imported cars in a move aimed at helping domestic carmakers to weather a slump in demand.
Russia’s Industry Minister Denis Manturov said today that a draft resolution on restricting the purchase of imported cars by state institutions and regional governments has been submitted to the government, Russia’s Interfax news agency reported.
Aberdeen takes delivery of first 4 of 10 hydrogen buses
The Aberdeen (Scotland) city council has taken delivery of four of the 10 hydrogen buses ordered from Belgian firm Van Hool and to be operated by FirstGroup and Stagecoach as part of the Aberdeen Hydrogen Bus Project.
What if crash test dummies became alive right before the crash
Not too long ago (early 1990s) automakers used animals to test cars safety and thankfully animal testing is no longer practiced by any of the major automobile makers.
