In response to stalling EV sales, the auto industry is offering a range of hybrid vehicles that balance sustainability and practicality. These 'electrified' options combine gasoline engines with electric motors to reduce emissions and cater to diverse consumer needs, providing a seamless transition towards greener transportation.
GreenPower Motor Company Inc. reported a significant revenue milestone of $39.3 million for fiscal 2024. Key achievements include the completion of the West Virginia manufacturing facility and an increase in school bus sales, underscoring the company's strategic growth and commitment to sustainable transportation.
The BYD Seal EV, a flagship electric sedan, has launched in Japan, marking the Chinese automaker's third vehicle in the country. Known for its impressive range, stylish design, and advanced features, the Seal EV aims to capture the growing eco-friendly market in Japan.
Hyundai has launched a new electric vehicle with a 221-mile range at half the cost of the average EV. This affordable yet high-performance car features advanced technology, sustainability, and practical battery efficiency, aiming to make electric cars accessible to a broader audience.
The Ministry of Industries and Production has raised concerns over proposed tax hikes on electric and hybrid vehicles, arguing they contradict the government's eco-friendly policies and could hinder the adoption of green technology.
