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EV market share fell in Q1, in a dearth of affordable models

Green Car Reports

EV and hybrid sales fell in the first quarter of the year, according to a Tuesday update from the Department of Energy’s Energy Information Administration (EIA). Sales of battery electric vehicles (full EVs) dropped to 7.0% of overall light vehicle sales in the first quarter of 2024 from 8.1% in the previous quarter.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

Kia is following in Ford’s footsteps after suddenly announcing plans to introduce more hybrids as it expects slower EV demand. To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

Kia is following in Ford’s footsteps after suddenly announcing plans to introduce more hybrids as it expects slower EV demand. To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Efficiency-focused Elantra Hybrid Blue models retain the 54-mpg combined EPA rating. with other markets to follow. inch infotainment screen.

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Toyota starts production of 5th-generation hybrid powertrain in Europe for new Corolla

Green Car Congress

Toyota Motor Europe (TME) has started production of its 5 th -generation hybrid powertrains for the new Corolla. 5th generation hybrid transmission 1.8L. TMMP produces hybrid electric transmissions including the MG1 and MG2 motors, integral electrical components of hybrid transmission. liter version. liter version.

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Geely testing Emgrand methanol hybrid sedan in -40 C conditions

Green Car Congress

Geely is testing the world’s first methanol hybrid sedan in sub -40 °C (-40 ?F) Geely’s latest Methanol Hybrid Emgrand is based on Geely Auto’s fourth-generation B-Segment Modular Architecture (BMA) Emgrand sedan. In the face of rising global gas prices, methanol fuel offers a viable cleaner affordable alternative, Geely said.

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