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Ring Taxi BMW M3 chases an Aventador SV and Cayman GT4

On paper, a BMW M3 that's loaded with three passengers probably shouldn't have a chance at keeping up around a track with a Porsche Cayman GT4 and a Lamborghini Aventador LP 750-4 Superveloce. In the real world, driver skill and track knowledge can make all the difference, though. And when the M3 is a Nurburgring Taxi with a driver that knows the course incredibly well, we end up getting a fantastic lap like this one. The 'Ring Taxi driver starts by teasing his passengers that they'll see whether the Lambo is fast. Before the two of them get on track, the GT4 cuts in to join the party. What follows is a fascinating lap of the Nordschleife. It's impressive how the BMW driver's skill allows him to keep up with the two other cars and blow past tons of other traffic. During faster sections, the Porsche and Aventador start to pull away, but as soon as the course gets curvy again, the M3 is right back in the action. As the group pulls back into the parking lot, even the Ring Taxi driver sounds impressed with his performance. See the impressive show in the video above. Related Video:

Bosch has an advanced self-parking system slated for 2019

Self-driving cars are the future of the auto industry, but there are many years and intermediate steps between now and driverless roads. Bosch made one of those important baby steps earlier this month when it unveiled its Home Zone Park Assist, which takes automated parking to the next level. The system works like this: a driver pulls up to where they'd normally begin to angle into a preferred parking spot. The driver then sets the start point and slowly drives the car into place so the system can learn the route. After the route is entered, the driver can let the car take control by either holding down a button inside the vehicle or on a smartphone app to engage the self-parking program from outside the car. Twelve ultrasonic sensors, a rear-facing stereo video camera, and four radar sensors work together to slot the car safely into or out of a spot perfectly every time. If you don't start in the same place every time that's okay, because the car can deviate from the original start and stop points by up to six and a half feet. The system can track up to 100 meters' worth of complex maneuvers, perfect for anyone tired of backing out of long, curvy, or steep driveways. Bosch says the system will be available in a few years but doesn't mention any specific models. Other companies have similar technologies, but they're not quite as advanced. The National Highway Traffic Safety Administration recently cleared a similar technology called Park Assistant Plus for use in the BMW 7 Series. BMW's technology allows drivers to move the car in and out of parking spaces with the key fob. Tesla's Summon feature allows the Model S and X to come when called up to 10 meters away. But Bosch seems to have pushed the boundaries of what autonomous features on cars can do. Besides superior distance, the really amazing aspect of Bosch's system is that it allows cars to sense obstacles within its path and make the decision whether to proceed with minor course adjustments or stop and wait for its owner. That's right, a decision-making car. Welcome to the brave new world. Related Video:

Recharge Wrap-up: electric taxis in Montreal, Sebastien Buemi leads Formula E testing

Sebastien Buemi leads the pack in the second session of Formula E pre-season testing. Buemi, driving for Renault e.dams, set a new lap record at Donington Park with a time of 1:31.050s. Buemi says that, with a little bit of work, he feels like he could shave off another second or more. "We could do quite a bit on the car and the car is a bit easier to drive, the stability is better, the brakes are better," he says. "I see some good potential, we just need to extract it from the car." Sam Bird was the second fastest during the testing session, followed by Daniel Abt. Read more in the press release below. A Montreal taxi company plans to create a fleet of 2,000 electric taxis by 2019. Taxi Hochelaga currently has the city's second largest fleet with 500 taxis currently in service. Owner Alexandre Taillefer believes this large fleet of green taxis will help the company compete with ride services like Uber and Lyft. "We want to be an alternative to the second car and even to the first," says Taillefer. "We will reduce traffic on the roads and pollution." The company's first electric cabs could be in service as early as November. Read more at Green Car Reports, or, if you speak French, at Le Journal de Montreal. DriveNow is open to franchising. The carsharing company, owned by BMW and rental company Sixt, will allow third parties to operate the DriveNow program in certain cities, according to a report. DriveNow is set to launch a fleet of 400 electric cars in Copenhagen, Denmark with the help of Arriva Plc. Read more from Automotive News Europe. Kandi Technologies Group Inc. on Monday reported second-quarter net income of $5.4 million. On a per-share basis, the Jinhua, China-based company said it had profit of 12 cents. Earnings, adjusted for non-recurring gains, were 10 cents per share. The electric and all-terrain vehicle maker posted revenue of $48 million in the period. For the current quarter ending in October, Kandi Tech said it expects revenue in the range of $49 million to $51 million. Kandi Tech shares have dropped 45 percent since the beginning of the year. The stock has fallen 59 percent in the last 12 months. The AP contributed to this report. BUEMI STAYS ON TOP IN SECOND TEST Renault e.dams driver heads field for consecutive days at Donington Park DONINGTON PARK, UK (August 11 2015): Sebastien Buemi broke the Formula E lap record at Donington Park as he once again set the fastest time in pre-season testing.