Prodrive has exchanged contracts with three manufacturers of sports and luxury cars in order to provide a selection of carbon composite vehicle components.

The deal will see parts developed for an estimated total of 5,000 vehicles over a space of six years, with the agreements worth more than £10 million.

This increase in carbon car parts could also be reflected in the damaged-vehicle sector if more consumers adopt environmentally-friendly measures and recycle their vehicles' materials.

C...

Australia backs recharging network for Electric Cars - Australia is set to become the latest country
to test the market for the viability of electric vehicles, with an A$1bn ($676m) project to build a large-scale
 recharging infrastructure.  Macquarie Capital Group is planning to raise the money for Better Place, a US
 venture capital-backed company that builds charging points and battery-swap stations for plug-in vehicles
in Israel and Denmark.

AGL Energy will pledge to add enough energy cap...