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Deutsche Bank revises li-ion battery cost forecasts downward to $250/kWh by 2020

In a December 2010 study, Deutsche Bank (DB) analysts revisited some figures posted in its previous report and lowered their projected future costs for automotive batteries. DB's December 2010 study pegged the cost of lithium-ion batteries at $250 per kWh by 2020, a substantial reduction from the $350 per kWh it forecasted back in November 2009. After speaking with industry experts and numerous automakers, the DB team concluded that its November 2009 forecast for li-ion battery costs was out of

Rolls-Royce Spirit of Ecstasy celebrates 100

Rolls-Royce is celebrating a birthday for an important company icon this year. The Spirit of Ecstasy, otherwise known as The Flying Lady, has appeared at the forefront of Rolls-Royce motor cars since 1911. This year marks its 100th birthday.

Report: Toyota sees increased U.S. market share in 2011

2010 was as rough a year as Toyota has experienced in many-a-decade, but the Japanese automaker reportedly senses a rebound in 2011. The Detroit News reports that team Toyota predicts that in 2011 it will outpace industry growth due in part to 10 revamped models across its Toyota, Lexus and Scion brands.

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