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EV Pioneer Shai Agassi Steps Aside

by on Oct.03, 2012

Better Place founder Shai Agassi.

The turmoil in the electric-car industry continues unabated and has claimed a high-profile pioneer, as Tel Aviv-based Better Place named a replacement for the company’s founder Shai Agassi as chief executive officer.

Agassi was considered something of a visionary in the EV business for developing a business model that had drivers swapping rather than recharging batteries.

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“Over the past five years, Agassi has pioneered an innovative technology solution aimed at making electric cars more affordable and more convenient than gasoline cars,” the electric vehicle start-up company said in a statement.


First Look: Scion FR-S

American sports car aficionados get their own version of Toyota’s new 86.

by on Dec.01, 2011

Hours after unveiling the Toyota 86 in Tokyo, Scion shows off its new FR-S.

Toyota seems to be taking to heart the mandate laid down by CEO Akio Toyoda that it start pumping some passion into its products.  The Japanese giant had barely finished up the Tokyo Motor Show introduction of its new 86 sports car before its youth-oriented Scion division rolled out the all-new FR-S 2+2.

Of course, the two are one-and-the-same, barring the badging.  Toyota has decided to launch the American version of the sports car developed in a joint venture with Subaru as the new Scion FR-S.

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“Serving as a laboratory for Toyota, Scion is always experimenting with new things,” explained Scion brand boss Jack Hollis, during a preview at Hollywood’s Milk Studios. “The FR-S will no doubt serve as the halo car, expanding Scion into a new dimension of driving performance.”