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Time slots Tesla Model S among best inventions of 2012

Time Magazine has released its list of the best inventions of 2012, and while a few automotive products made the cut, the Tesla Model S was the only vehicle to nab the honor this year. The magazine cites the electric sedan's sexy aesthetics, lofty 265-mile range and touch-screen cabin controls as reasons for the laurel, though Tesla's network of supercharger stations certainly factored in as well. This is just the latest in long list of accolades for the Model S. As you may recall, Motor Trend recently called the EV the most important car since the Ford Model T, and Automobile Magazine named the five-door its Automobile of the Year.
A total of 25 inventions made the Time list in all, including the self-inflating tires we saw from Goodyear earlier this year. From whimsical indoor clouds crafted by Dutch artist Berndnaut Smilde to a potentially life-saving in-home HIV test, the selections showcase the diversity of human innovation. Check out the complete list here.

Recharge Wrap-up: Shell stops AK ocean drilling, Lego Tesla Model S

Shell says it will halt exploratory drilling near Alaska's coast. While the oil giant has found some oil and gas below the waters, the amount it is finding is not worth the high costs of drilling. Shell also cites "the challenging and unpredictable federal regulatory environment in offshore Alaska" as part of its decision to move on from drilling in the Chukchi Sea, but it is possible public protests had an impact, too. Read more at Treehugger, and in the press release from Shell below. The University of Central Florida's Electric Vehicle Transportation Center will host the EV Transportation and Technology Summit from October 20 to 22 in Cocoa, Florida. The summit is geared toward businesses and organizations with the goals of increasing EV awareness, reviewing current and near future technology, and pointing out deployment achievements and challenges. While its coverage will be more general, the event will focus especially on planning and infrastructure requirements. Learn more at Hybrid Cars, or at the event website. The Tesla Model S still looks good when scaled down for a Lego minifig. A man named Cole Edmonson created a tiny brick version of the iconic EV, and managed to retain the car's distinguishing good looks. Edmonson provides a write-up detailing the process of creating the small, plastic Tesla copy. It's considerably more complicated than one would think. Check out the whole process at Brick Replicas, and read more from The Brothers Brick. Renault and Donfeng will build an electric car in China based on the Fluence ZE. The joint venture between the two automakers - called Dongfeng Renault Automotive Company (DRAC) - will produce the car in its Wuhan plant in 2017. The car will be sold solely in the Chinese market under a local Dongfeng brand. "This EV agreement illustrates Renault's engagement as partner of COP 21," says DRAC CEO Jacques Daniel. Read more at Green Car Congress, or in the press release below. Dongfeng and Renault agree to produce electric vehicles in China On the occasion of the visit of ZHU Yangfeng, Chairman of Dongfeng Group, at the Renault R&D center, Dongfeng Renault Automotive Company (DRAC) announces the production of its first electric vehicle in China. As part of the Joint Venture between Dongfeng and Renault, DRAC will produce an electric vehicle that is based on the Fluence Z.E.

Recharge Wrap-up: NextEV raises $500M, A123 execs beat fraud claims

Scientists at Cardiff University's Catalysis Institute have developed a new method to improve biodiesel yields. Using a new catalytic process, the team is able to use the glycerol left over from biodiesel production and make more methanol to produce more biodiesel. Using magnesium oxide and cerium oxide is simpler than other methods, requiring only one step at room temperature with normal atmospheric pressure. "We set out to establish ways in which the waste product glycerol could be used to form other useful compounds, but we were surprised when we found that feeding glycerol and water over such a simple catalyst gave such valuable products and interesting chemistry," says Professor Stuart Taylor. The system could increase biodiesel yields by as much as 10 percent. Read more at Gizmag, or from Cardiff University. A federal judge has dismissed a lawsuit claiming A123 Systems hid problems with Fisker from investors. The plaintiffs accused four A123 executives of failing to report Fisker's impending bankruptcy and issues with battery quality. US District Judge Laura Taylor Swain says there is not enough evidence showing that the defendants knew about problems with their batteries or about Fisker's financial difficulties. Read more at Reuters, or at Law360. Chinese startup NextEV is raising funds to build a Tesla-fighting electric car. The company, which plans to launch a supercar to match the acceleration of Tesla's Ludicrous Mode next year, has raised about half of its $1 billion goal thanks in part to investments from Sequoia Capital and Joy Capital. NextEV also plans to produce mass market electric vehicles at about half the price of a Model S. "Talking big is pointless," says NextEV cofounder William Li. "We develop the car purely from the angle of consumers. We most value what they would like the car to be. We want them to experience sheer pleasure of driving our car." Read more at Bloomberg. Featured Gallery 2012 Fisker Karma: First Drive View 23 Photos Related Gallery News Source: Gizmag, Cardiff University, Law360, Reuters, BloombergImage Credit: Copyright 2015 Drew Phillips / AOL Earnings/Financials Green Fisker Automakers Tesla Biodiesel Green Automakers Electric recharge wrapup