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...done it he has. His team in suburban London recently unveiled the T.25 car - a three-seater made of flyweight composite materials that is smaller than a Smart car but has more interior room and gets 80 miles to the gallon. He's also started work on a $14.9 million project - partially funded by the British government - to develop four prototypes of an electric car, to be called the T.27, by February 2011. He promises the T.27 will be 27% more efficient than any other electric vehicle (EV), yet still capable of a top speed of 60 m.p.h...

Author: /time Magazine | Title: A Race-Car Designer's Shift to Greener Rides | 12/29/2009 | See Source »

...will use the loans to support two specific projects, including the U.S.-based production, engineering and assembly of the Model S, an all-electric family sedan. The Model S assembly plant will employ about 1,000 workers in Southern California. "We're already engineering the Model S, a seven-seater family sedan that will have a base price of $49,900 after a federal tax credit that will [over the longer term] cost the equivalent of a car that retails for $35,000, given the relatively expensive cost of gasoline vs. electricity," says Diarmuid O'Connell, Tesla's vice president...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

From now through July 2010, one of Paris' hottest tables will be the sole 12-seater located inside a 24-ton glass-and-steel structure that has been constructed on the roof of the Palais de Tokyo contemporary-arts center, in the 16th arrondissement. The temporary restaurant has been conceived as a UFO-like installation by artist Laurent Grasso, who is famous for his unsettling science-, space- and paranormal-inspired works designed to reinstill mystery in a world that has been stripped of its uncertainties by science - or so Grasso believes. For a dozen lucky diners at a time, however...

Author: /time Magazine | Title: Griddler on the Parisian Roof | 7/23/2009 | See Source »

Over the past few days, the German luxury automaker Porsche has moved into high gear with the launch of its latest model, the Panamera, a 4-door, 4-seater sedan that it hopes will reverse flagging sales and maintain its status as the world's most profitable auto maker. But even as the motoring press descends on Stuttgart to test drive the new car, the Panamera launch is being overshadowed by a bizarre feud in the company's founding family that is starting to damage both Porsche and its sister company...

Author: /time Magazine | Title: Why VW and Porsche are On a Collision Course | 7/2/2009 | See Source »

...sleek, modern design of the Hotel Rival's lobby gives way upstairs to vibrant carpeting and dramatic lighting celebrating the building's cinematic origins and its continuing function, the 700-seater auditorium having been beautifully restored as a venue for film festivals and conferences. The thickly carpeted guest rooms are meanwhile individually designed with impeccable Swedish taste. Comfort, rather than any showbiz excess, is the keynote - an approach exemplified by the choice of eight different pillow types, and the noticeably informal dining options (a café and a bakery). It isn't all money, money, money, either. Rates start from...

Author: /time Magazine | Title: Former Abba Star Plays Hotel Host | 6/11/2009 | See Source »

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