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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. Supply chain disruptions and issues with the new Artura hybrid sportscar further compounded its struggles, resulting in significant losses, reports BBC.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Supporters of the car say that’s shortsighted. Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. . and Chrysler. .’s

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric cars and a smart electric grid have a bright future, according to panelists at a roundtable discussion on the subject that I attended last Friday in Boston. “I In effect, cars would be acting like tiny power stations. “You guys own the cars.&# Fifteen years ago, how many people had a cellphone?”

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

In a flurry of electric vehicle activity, three back-to-back announcements this week have placed a spotlight on Oregon’s plans to be the friendliest state in the nation in which to build, sell and buy electric cars. According to Nissan, the company plans to introduce its upcoming electric car in Oregon in late 2010.

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