car news headlines
A series of cars equipped with zero-emission electric motor technology is set to arrive on the market to tempt environment-conscious car loan customers.
Newly-formed Liberty Electric Cars has already revealed it will be producing the world's first zero-emission Range Rover, which could be of interest to 4x4-loving Car Finance customers.
The firm is ploughing £30 million into the re-engineering of large luxury cars and performance vehicles in a bid to tap into the expanding electric vehicles market.
Liberty Electric Cars founder Barry Shrier said: "The Liberty Electric Range ROVER will drive cleanly and quietly around roads and cities free of tax, congestion and parking charges."
The firm said electric vehicles have 80 per cent less running costs than petrol cars and deliver 90 per cent efficiency.
Mr Shrier has focussed his expertise on the development of zero emission cars since July 2007 and also a non executive director of Washington-based satellite technology company Leo Terra LLC.
Last month a senior executive of technology provider Ricardo UK said car makers could "lead the green tech revolution".
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