A couple of people have banded together to design a car that is enviromentally friendly, gives good gas mileage and looks a bit like a Ferrari or Porsche. So these guys want to produce a car for Mr. Green MoneyBags who does not want to be seen driving a Prius or locally available hybrids which are currently on the market. Tesla Motors, a San Carlos start-up that is building a high-performance electric sports car, has raised $40 million in a third round of venture capital from a group of investors including VantagePoint Venture Partners and Elon Musk, co-founder of PayPal.
I cannot wait to see what the prototype looks like when it is unveiled. Looks like high gas prices have even got the rich and not so famous people rethinking when it comes to buying a fancy new speed demon. Good for them!
Coming soon to a Lexus dealer near you, the Lexus GS 450h, which will be powered by a gas-electric hybrid engine. Toyota plans on launching it in the North American market by April. Lexus states that it gives 34 MPG and the cool features are the new safety devices. Like the fact that Toyota has developed the technology that not only uses sensors to detect cars ahead but also uses a camera on the steering wheel to judge whether the driver is facing the front. If the driver is looking away, the emergency brakes kick in faster in a potential crash situation.
Oh look what Toyota has gone and done again, another first. Wonder what the folks at the BIG 3 think about this. Driver and passenger safety is as important as fuel economy and alternative fuel research. Wish some day these features will be standard on basic models bought by us hoi polloi on both foreign and homegrown cars.