Every EVXL story tagged “Hyundai” — newest first.
The automotive industry is undergoing a seismic shift towards electrification, with fully electric vehicles (EVs) poised to overtake hybrid models in the long run. According to a recent report from The Economist, the current surge in hybrid car popularity may be short-lived as battery technology advances, costs decrease, and regulatory pressures intensify. The Temporary Rise…
Tesla’s Cybertruck is turning heads, not just for its design but for its sales numbers. In July, the Cybertruck’s deliveries matched the combined sales of every other electric pickup truck on the market, reports Automotive News. Cybertruck Takes the Lead in Electric Pickup Market According to new data from S&P Global, Tesla delivered 5,175 Cybertrucks…
Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford’s chief exec, is sounding the alarm after a recent China visit left him shaken by the country’s EV prowess. The Wall Street Journal reports that this wake-up call is driving significant changes in Ford’s approach to electric vehicles. The China Shock During his…
General Motors and Hyundai are joining forces to develop new vehicles and technologies, aiming to cut costs and speed up innovation. This partnership, announced on Thursday, will focus on internal combustion, electric, and hydrogen-powered vehicles, as reported by the NY Times. A Collaborative Effort The two automakers have signed a nonbinding agreement to explore areas…
Mercedes-Benz and U.S. battery startup Factorial are collaborating on a solid-state battery that aims to significantly boost electric vehicle (EV) range by the end of the decade. This new battery, named Solstice, is expected to extend EV range by about 80% compared to today’s average, with an energy density of 450 Watt-hours per kilogram, reports…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…
BMW is gearing up to introduce its first hydrogen-powered vehicle by 2028, leveraging fuel cell technology developed in partnership with Toyota Motor Corp. The German automaker made the announcement on Thursday, highlighting its commitment to exploring alternative green technologies, according to Reuters. This move underscores BMW’s strategy to hedge its bets on which “green” technology…
Norway has set a new global benchmark in the electric vehicle (EV) market, with EVs capturing an astounding 94.3% share of new car sales in August. This unprecedented achievement underscores the country’s commitment to zero-emission transportation and its position as a world leader in EV adoption, reports Bloomberg. Tesla Leads the Charge The surge in…
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