article thumbnail

Toyota still hasn’t received the EV memo, sticks to hybrid strategy going forward

Electrek

It looks like Toyota is still not getting the message: people want electric vehicles, not hybrids. Despite all the evidence pointing to the inevitable growth of EVs in the auto industry, Toyota insists on sticking with hybrids, claiming, “That’s our strategy, and we’re sticking to it.”

Toyota 127
article thumbnail

Audi locating high-voltage battery development center at Neckarsulm

Green Car Congress

Audi is already developing high-voltage batteries for plug-in hybrids (PHEV) in Neckarsulm. Now, development of complete high-voltage battery portfolios for fully electric vehicles is being predominantly settled at that location and gradually expanded for that purpose.

Audi 186
article thumbnail

Toyota faces stern critique from European funds for its lackluster EV strategy

Teslarati

There was a time when Toyota was one of the world’s greenest auto manufacturers. The company practically made hybrids mainstream with the Prius, but it has maintained a conservative stance on electric vehicles since then. AkademikerPension CIO Anders Schelde expressed his thoughts in a statement.

Toyota 99
article thumbnail

BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. Interestingly, BYD’s all-electric vehicles are beginning to outpace its plug-in hybrids (PHEVs). It’s about transitioning the auto industry for a sustainable future.

BYD 52
article thumbnail

Mercedes-Benz to become equal shareholder in Automotive Cells Company (ACC) with Stellantis and TotalEnergies

Green Car Congress

Mercedes-Benz announced in July that it will be ready to go fully electric by the end of the decade wherever market conditions allow. On top of that we can help to ensure that Europe remains at the heart of the auto industry even in an electric era.

Mercedes 221
article thumbnail

How Self-Driving Cars Will Accelerate Electric Vehicle Adoption

Green Car Congress

Over the last two decades, fully electric cars have had, let’s say, a slow start. In 1997, the Toyota Prius was released as the world’s first mass-produced hybrid. Make all AVs electric. A marriage of these two powerhouse technologies would completely change the auto industry, the environment and our lives.

article thumbnail

The Race to Plug-In Hybrids Is On

Green Cars News

A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015. Tags: Hybrid cars hybrids plug-in plug-in hybrid. No on has a lock on this future; everything is up for grabs. Introductory and discount rates are available.

Plug-in 39