They're small, eccentric and as quiet as Paris in August. But Britain, obsessed as it is with speed cameras and petrol prices, has unexpectedly become the world capital of electric cars.
Next week two models will be launched at the London motor show, bringing to at least six the number of carmakers competing for a slice of the emerging "zero emission" market.
None of them knows how many people may be tempted to go electric,or how the motors will develop, but all are preparing for what is being called the "battle of the bubbles."
On the surface, relations between the micro carmakers are harmonious.
"There's room for everyone. We are all helping each other," said Julian Wilford, one of a team of ex-Lotus men that has developed the Mega City Nice car. Nice is short for No Internal Combustion Engine.
The congestion charge, high price of petrol, parking incentives that some councils give for electric cars and the government's road tax exemption all mean London is at the forefront of the electric car boom, he says.
But it's the mood as much as the incentives on offer that makes Britain attractive.
"People have talked about electric cars for years without anything happening, but now it is all changing," Wilford said.
"We find a lot of people who are really concerned about sustainability and who want genuinely different solutions. The mainstream car companies just can't deliver that," he said.
The Nice, built in France, can range about 80km on one charge, claims to reach nearly 64kph and believes it is the cheapest electric car to own and to run.
Also launching in London next week is the Smart EV. This is the battery version of the minuscule petrol car which has sold more than 40,000 models since 1998 and still attracts stares. But the maker says that its model is far higher up the evolutionary ladder.
"These [others] are not cars," said Jeremy Simpson of Daimler Chrysler, which owns Mercedes and Smart cars.
"They are officially classed as quadricycles. They don't have to meet the same standards as we do. People reject them because they are ... odd. Ours is iconic, a proper car," he said.
The electric Smart may be flea-like, but Mr Simpson says it does 0kph to 48kph in 6.5 seconds.
The snag is that the Smart EV won't actually be for sale. The company hopes to lease them mainly to large companies wanting to use them as pool cars.
But the talk in electric vehicle circles is of supercars now emerging in California. The founders of Google have invested heavily in the Silicon Valley startup Tesla Motors, which will soon launch its first model.
In Italy’s storied gold-making hubs, jewelers are reworking their designs to trim gold content as they race to blunt the effect of record prices and appeal to shoppers watching their budgets. Gold prices hit a record high on Thursday, surging near US$5,600 an ounce, more than double a year ago as geopolitical concerns and jitters over trade pushed investors toward the safe-haven asset. The rally is putting undue pressure on small artisans as they face mounting demands from customers, including international brands, to produce cheaper items, from signature pieces to wedding rings, according to interviews with four independent jewelers in Italy’s main
Japanese Prime Minister Sanae Takaichi has talked up the benefits of a weaker yen in a campaign speech, adopting a tone at odds with her finance ministry, which has refused to rule out any options to counter excessive foreign exchange volatility. Takaichi later softened her stance, saying she did not have a preference for the yen’s direction. “People say the weak yen is bad right now, but for export industries, it’s a major opportunity,” Takaichi said on Saturday at a rally for Liberal Democratic Party candidate Daishiro Yamagiwa in Kanagawa Prefecture ahead of a snap election on Sunday. “Whether it’s selling food or
CONCERNS: Tech companies investing in AI businesses that purchase their products have raised questions among investors that they are artificially propping up demand Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Saturday said that the company would be participating in OpenAI’s latest funding round, describing it as potentially “the largest investment we’ve ever made.” “We will invest a great deal of money,” Huang told reporters while visiting Taipei. “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.” Huang did not say exactly how much Nvidia might contribute, but described the investment as “huge.” “Let Sam announce how much he’s going to raise — it’s for him to decide,” Huang said, referring to OpenAI
The global server market is expected to grow 12.8 percent annually this year, with artificial intelligence (AI) servers projected to account for 16.5 percent, driven by continued investment in AI infrastructure by major cloud service providers (CSPs), market researcher TrendForce Corp (集邦科技) said yesterday. Global AI server shipments this year are expected to increase 28 percent year-on-year to more than 2.7 million units, driven by sustained demand from CSPs and government sovereign cloud projects, TrendForce analyst Frank Kung (龔明德) told the Taipei Times. Demand for GPU-based AI servers, including Nvidia Corp’s GB and Vera Rubin rack systems, is expected to remain high,