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This family has a trio of beautiful BMW E28 5 Series

The Caccavo family is not like yours. They're actually far, far cooler. Rather than dad driving a pickup, mom piloting a crossover and son getting about in a clapped-out compact, each member of the family has their very own second-generation BMW 5 Series. Father Dean's M5, mom DonnaRae's 528e and son Austin's 535is were, remarkably, all purchased for under $10,000, after the family made a maximum-price rule for its cars. The E28 obsession all started innocently enough, with Dean's M5. Shortly after that, DonnaRae snapped up the 535is. When it came time to buy a car, his parents told him he'd need to get a job and make the purchase on his own. He agreed, under one condition – that he was able to buy his mom's 535is. Once the deal was said and done, DonnaRae found she'd acquired the E28 bug, and promptly bought herself the 528e. Petrolicious has the entire story on the Caccavos and their E28s, available in its latest installment. Check it out.

Recharge Wrap-up: Derailing Malaysia's B10 plans, Tesla and Solyndra

Tesla Motors will lease the Solyndra building near its Fremont, California factory. The manufacturing facility is more than 500,000 square feet, but the cost of the lease and the production capacity remain undisclosed. The lease of the building, "located conveniently down the road from the Tesla Factory, gives us the space to expand our manufacturing and build more engineering labs as we build up production," says a Tesla spokesperson. The added manufacturing space will help Tesla meet its production goals for the upcoming Model X electric SUV. Trip Chowdhry, senior analyst at Global Research Equities, says that shifting some engineering duties from the Deer Creek facility to the new one could help solve current parking shortages, as well. Read more at Business Finance News. BMW has expressed concerns over Malaysia's planned B10 biodiesel mandate. Malaysia recently announced that it would use crude palm oil to make the B10 blend that would be required to be sold beginning in October, up from the current B7 mandate. "In our tests with B10 biodiesel worldwide, we have found technical challenges," says BMW Group Malaysia Managing Director and CEO Alan Harris, such as the fatty acid methyl ester in palm oil thinning motor oil. Mercedes-Benz also urges reconsideration of B10. The Malaysia Automotive Institute says it will include representatives from the auto industry in talks with the Malaysian Palm Oil Board. Read more from The Star. Pacific Ethanol's acquisition of a competitor, Aventine Energy Holdings, has been approved by shareholders. Pacific is buying Aventine for $192 million in stock. In 2009, ethanol suffered a price drop that forced Pacific Ethanol to decrease production and declare bankruptcy for four of its plants. Now its base extends from the West Coast to the Midwest, as Aventine Energy Holdings has four plants in Illinois and Nebraska. The merger more than doubles Pacific Ethanol's production capacity, making it the fifth-largest ethanol producer in the US. Read more from The Sacramento Bee. Related Gallery Tesla Model X View 15 Photos News Source: Business Finance News, The Star Online, The Sacramento BeeImage Credit: Tesla Green Plants/Manufacturing BMW Tesla Alternative Fuels Biodiesel Ethanol Electric recharge wrapup

China sticking to its guns on EVs for the future

Automakers are obviously free to develop whatever next-gen, zero-emissions tech that they want. However, if a company wants to get on the good side of the Chinese government, that strategy better include some plug-in vehicles. The authorities there are lending major support to plug-ins at the moment, and its forcing the auto industry to play along. According to Bloomberg, Toyota, Volkswagen, Hyundai, and BMW are all launching dedicated EV brands with their joint venture partners, and as many as 40 electric models could hit the Chinese market this year alone. However, analysts don't think the vehicles are going to sell well. Instead, the launches are essentially a way for companies to play nice with the government and help get the approval to build factories in the country. Take Toyota as an example. The company is pushing the future of hydrogen hard with promotional films for the Mirai and engineers talking down fast-charging EVs. Still, the Japanese automaker is getting ready to launch two EV brands in China with its joint venture partners, according to Bloomberg. China's push for alternative fuels has been happening for a while, but it really kicked into high gear last year. The government has set a goal to improve fleet-wide economy by 40 percent by the end of the decade in order to spend less importing oil and for the population's health. The plan has shown some success so far with hybrid and EV sales growing early in 2015. Related Video: News Source: BloombergImage Credit: Kin Cheung / AP Photo Government/Legal Green BMW Hyundai Toyota Volkswagen Green Culture Technology Electric tax incentives chinese government