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Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too | Autocar Professional

Baua Electric

Speaking to media post FY-24 earnings, the top management stated that HQ Suzuki is working on an affordable hybrid solution for the compact cars and it will seriously consider the more expensive plug-in hybrid technology for the future. Bhargava did not share any specific timelines for the affordable hybrids.

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EV tax credit union boost, Hyundai Tucson PHEV pricing, BMW EV range: Today’s Car News

Green Car Reports

The Hyundai Tucson Plug-In Hybrid beats the RAV4 Prime on affordability. And controversy swirls over a boost being given to unions as part of the EV tax credit. A revamped version of the federal EV tax credit, lifting the. BMW is sitting out the race for more mass-market EV range. We help break down why.

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Kia Plans to Release Smaller, More Affordable EV3 By the End of 2024

The Truth About Cars

Kia recently announced plans to develop new hybrid and plug-in hybrid models to help it cope with wavering EV demand, but that hasn’t stopped the automaker’s trudge toward full electrification. In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3.

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Conversion supporters petitioning Obama Administration to extend tax incentives to plug-in conversions

Green Car Congress

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.

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SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

Green Car Congress

SEAT, a member of the Volkswagen Group, presented its electric strategy which, until the beginning of 2021, includes six electric and plug-in hybrid models. The CUPRA Leon and the CUPRA Formentor will also have a plug-in hybrid variant. Profit after tax went up to €294 million—4.6%

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Ford doubles down on EVs despite heavy losses in Q1

Teslarati

billion in losses, before interest and taxes (EBIT) were accounted. Ford postpones EV launches to focus on hybrid production Ford, like many other EV automakers, is living through a slowing EV market. During Ford’s Q1 2024 earnings call CEO Jim Farley confirmed that the company is developing new affordable electric vehicles.

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Affordable Audi electric, Ford police hybrids, Tesla refunds: Today's Car News

Green Car Reports

Audi will build an upscale car on VW's affordable electric-car platform. Ford is taking orders from police departments for its more efficient hybrid police cruisers. Tesla will refund the full amount if it doesn't deliver cars in time for the full federal tax credit.