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...into production of the first 5,000 to 10,000 cars in 2009 and ramp up to 100,000 by 2012. At least one major investor, Kosmo Technology Industrial Berhad, a Malaysian auto components maker, is on board. Kosmo has invested €2 million in Loremo, a big chunk of the €5 million Loremo has raised so far. The company will launch another financing round in September to raise €60 million to fund its production plans. If consumers are finally ready to embrace radical fuel efficiency, then Sommer and his team will have truly nailed...

Author: /time Magazine | Title: Driving On The Light Side | 7/9/2006 | See Source »

...steel and concrete as metaphor - tied, on one shoreline, to a truce struck between the Saudi ruling family and religious traditionalists in the kingdom. The Sauds get virtually limitless wealth, a healthy chunk of which they share with their dour clerical partners and their Wahhabist accountants. In exchange, the royals receive a stamp of religious approval, as the true protectors of the Holy Sites of Mecca and Medina, as well as an understanding that 25,000 or so members of the royal family can do, more or less, anything they please, while the country's 27 million citizens live under...

Author: /time Magazine | Title: The Untold Story of al-Qaeda's Plot to Attack the Subway | 6/19/2006 | See Source »

...early on a sunny morning in Southern Mexico that my family gathered in an outdoor kitchen, ready to convert a mountain of ingredients into a four-course feast. Sun-dried chili peppers, fresh nuts, chunk chocolate and a score of other ingredients were waiting to be blended into a spicy mole sauce. Crisp jicamas (roots of a local bean plant) had been set aside for salad. The buds of Castilian roses would be transformed into ice cream. It was an ambitious menu?especially since none of us had any idea how to make those dishes. But that was the point...

Author: /time Magazine | Title: A Tasty Way to Travel | 6/12/2006 | See Source »

...early on a sunny morning in southern Mexico that my family gathered in an outdoor kitchen, ready to convert a mountain of ingredients into a four-course feast. Sun-dried chili peppers, fresh nuts, chunk chocolate and a score of other ingredients were waiting to be blended into a spicy mole sauce. Crisp jicamas (roots of a local bean plant) had been set aside for salad. The buds of Castilian roses would be transformed into ice cream. It was an ambitious menu - especially since none of us had any idea how to make those dishes. But that was the point...

Author: /time Magazine | Title: A Tasty Way To Travel | 6/11/2006 | See Source »

...approaching 300. Perhaps it’s getting a bit fleshy around its mid-section, no? I’d better perform one of my mass purgings. (Secretly I know that I let my Inbox fester with DVD requests and event reminders so that I can later spend a chunk of time on such a purging.) Alright, down to an even 100. Alt-tab to “Document1.” Rename it “Parting Shot,” and add a few nice phrases I’ve heard recently, to be included when appropriate. Overwhelmed...

Author: By Ben B. Chung, | Title: Confessions of a Procrastinator | 6/5/2006 | See Source »

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