Hybrid vehicles dominated the 2024 top vehicle rankings released by Consumer Reports, with Toyota Motor leading in top picks.
Chinese smartphone company Xiaomi believes it has identified a niche in the electric car market, targeting its 20 million premium users. The company plans to launch its electric car soon, with a range of price points. Xiaomi's strategy includes its operating system for connecting the car with its existing products. The company aims to survive in a competitive industry through ecosystem development and expansion into the overseas market.
Explore data on electric car sales and stocks worldwide.
In part seven of our EV mythbusters series, we explore claims about air pollution from electric cars and examine the science behind them.
Chinese automakers are rapidly gaining ground in the global electric vehicle (EV) market, posing a threat to the US auto industry. Elon Musk, CEO of Tesla, who once dismissed Chinese automakers, now warns of their potential dominance. Chinese EV maker BYD has already surpassed Tesla as the best-selling EV brand globally, with a one-third market share. While American automakers focus on high-priced luxury EV models, Chinese brands offer a range of options at various price points. China's ability to expand its offerings is due to lower production costs and its meticulous development of the EV supply chain. To stay competitive, US automakers must develop more affordable EV options.
VinFast, Vietnam's electric-vehicle maker, faces tough competition and reports a significant loss for 2023.
While saving fuel is usually the priority, gasoline-electric hybrid vehicles are proving to be more reliable too.
GM is increasing its focus on plug-in hybrid technology and plans to bring more models to the market. This article explores the potential models and the challenge of charging infrastructure.