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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. Toyota Group remains the global auto industry leader, with an operating profit of $7.15

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2022 Hyundai Ioniq 5: First of an aggressive wave of new EVs

Charged EVs

The 2022 Hyundai Ioniq 5 should be taken very seriously when it goes on sale this fall. 4 are already on sale. And that list only includes crossovers that offer standard or optional all-wheel drive. Originally rated at 124 miles of range, in 2020 the model received a range boost to 170 miles, and it remains on sale.

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The EV Transition Explained

Cars That Think

F-150 from the electric Ford PRO F-150 Lightning. front trunk (“frunk”), while concealed beneath is the new skateboard frame with its dual electric motors (one for each axle) and a big 98 kWh standard (and 131 kWh extended range) battery pack. The F-150 Lightning's trunk helps this light duty electric pickup haul even more.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

The impact of EVs on auto manufacturing and supplier jobs is harder to assess. Electric vehicles require new or re-tooled factories , each requiring thousands of employees. auto industry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

The reveals of the Canoo pickup and Kia EV6 have heads turning and yet another automaker, BMW-owned Mini this time announced plans that it would only produce battery-electric vehicles from 2030. Honda of America sales chief Dave Gardner told reporters one of the electric SUVs will be from the Honda brand, while the other will be an Acura.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

The recently passed Inflation Reduction Act (IRA) is arguably the most significant piece of climate legislation the United States has ever seen, including significant investments in clean energy and consumer incentives to accelerate electric vehicle (EV) adoption. Impacts on the electric vehicle ecosystem.

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Gas War: 25 States Sue EPA Over Updated Emissions Regulations

The Truth About Cars

Grievances include claims that the executive branch is unconstitutionally manipulating the marketplace by setting requirements higher than manufacturers can adhere to, effectively mandating sales of electric vehicles that have been broadly unpopular in the United States. Court of Appeals for the District of Columbia Circuit last week.

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