On a trend sales basis, represented by the 12-month rolling sum, Korean sales of Zero-Emission Vehicles (ZEVs) i.e., Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs), fell by 17% over the last year while sales of HEVs (full- and plug-in hybrids) increased by nearly 45%, as of April 2024. ZEV sales, 97% of […]
A family of polar and grizzly bear hybrids, or grolars, in Canada’s western Arctic — which all started with a “pretty strange” female polar bear — is “quite rare,” according to a new study. The research paper, published last week in the journal Conservation Genetics Resources, used a new tool to look at samples from […]
Ford (F) is having a strong sales year in the US, with deliveries up 11% in the month of May, driven by a nearly 65% boost in hybrid sales from a year ago. Even electric vehicle sales are strong. The sales success comes after a big transformation in the company last year. New vice chair […]
Ford (F) saw increased vehicle sales in May, driven by strong demand for the company’s electric vehicles (EVs) and hybrid models. CEO Jim Farley recently highlighted the company’s variety of offerings, emphasizing that the auto industry’s future will not solely revolve around EVs. Yahoo Finance’s Pras Subramanian breaks down the details. To see CEO Jim […]
Chinese automaker BYD (1211.HK) has launched hybrid vehicles with a 1,300-mile driving range for $13,800. Yahoo Finance’s Alexandra Canal and Seana Smith break down the company’s latest move and position in a heated EV race. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post […]
Due H1 2025 China’s Geely has announced it will launch hybrid models in H1 2025 with its next-generation and more fuel-efficient engine, Reuters reports. The new models will be launched for its Galaxy series and its Lynk & Co brand. According to a product certificate issued by government-owned CATARC Huacheng Certification Co, Geely’s engine achieves […]
While many automakers predicted a looming all-EV future, Toyota made gains by emphasizing hybrids over fully electric vehicles—a move that earned it derision before being vindicated over the past year as EV sales sputtered. Now it’s now doubling down with a new take on the traditional car engine. The world’s largest carmaker said Tuesday that […]
BEIJING (Reuters) – Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union’s anti-subsidy probe into Chinese electric vehicles. Exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year to 40,163 units in April, […]
BEIJING (Reuters) – Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union’s anti-subsidy probe into Chinese electric vehicles. Exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year to 40,163 units in April, […]
Plug-In Hybrids: Best of Both Worlds?Photo Illustration by Roy Ritchie – Car and Driver From the May/June issue of Car and Driver. Although the descriptor is a mouthful, plug-in-hybrid electric vehicles (PHEVs) are a relatively recent powertrain creation, brought to the mass market by the pioneering 2011 Chevrolet Volt. They promise zero-emission electric motoring for […]
By Daniel Leussink (Reuters) – Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday, illustrating how the world’s top-selling automaker is poised to benefit as hype around battery electric vehicles cools. But the forecast record results, to be helped in part by a boost […]
Like other legacy automakers this week, Ford (F) is the latest to report strong first quarter sales. Ford said Q1 US sales jumped 6.8% to 508,083 vehicles, powered by strong sales of electrified products such as hybrids and EVs. Ford’s Maverick hybrid pickup saw its best quarter ever, with sales jumping 77% in the first […]