Toyota full-year net profit beats forecast
Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.
May 10, 2023
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Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.
May 10, 2023
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The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up better than the overall market amid a deeply painful ...
Jul 15, 2020
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General Motors said Wednesday it will invest seven billion reais (more than $1.4 billion) in Brazil in the next five years to develop electric vehicle production in Latin America's biggest economy.
Jan 25, 2024
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New Zealand faces two enormous challenges if it is to meet its international climate change commitments under the Paris Agreement: biogenic methane emissions from agriculture, and carbon emissions from industry and transport.
Jun 17, 2021
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Just last year, data suggested that plug-in hybrid cars were on the way out in Australia. But they're back. New data shows plug-in hybrids and conventional hybrids combined have overtaken battery electric vehicle sales in ...
Jun 20, 2024
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Britain on Tuesday axed its £1,500 ($1,800) subsidy for buyers of new plug-in cars as it focuses on other types of electric vehicles, but the news drew anger from the auto sector.
Jun 14, 2022
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California's rebate program to entice more drivers to purchase electric vehicles has gotten less generous, especially for residents looking to buy luxury models.
Dec 4, 2019
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French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
Jan 30, 2023
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Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it's constructing in North Carolina, more than doubling its prior investments and expected number of new jobs, the company announced ...
Oct 31, 2023
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PSA Group unveiled one of its most important new models Tuesday with 20 people physically present and 2,600 watching online - a marketing configuration that the coronavirus seems likely to accelerate across the industry now ...
Jun 30, 2020
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A hybrid electric vehicle (HEV) is a hybrid vehicle that combines a conventional internal combustion engine propulsion system with an electric propulsion system. The presence of the electric powertrain is intended to achieve better fuel economy than a conventional vehicle. A hybrid electric vehicle is also a form of electric vehicle; a variety of types of HEV exist, and the degree to which they function as EVs varies as well. The most common form of HEV is the hybrid electric car, an automobile driven by a gasoline internal combustion engine (ICE) and electric motors powered by batteries.
Modern HEVs make use of efficiency-improving technologies such as regenerative braking, which converts the vehicle's kinetic energy into battery-replenishing electric energy, rather than wasting it as heat energy as vehicles equipped with conventional brakes do. Some varieties of HEVs use their internal combustion engine to generate electricity by spinning an electrical generator (this combination is known as a motor-generator), to either recharge their batteries or directly feed power to the electric motors that drive the vehicle. Many HEVs reduce idle emissions by shutting down the ICE at idle and restarting it when needed; this is known as a start-stop system. A hybrid-electric produces less emissions from its ICE than a comparably-sized gasoline car, as an HEV's gasoline engine is usually smaller than a pure fossil-fuel vehicle, and if not used to directly drive the car, can be geared to run at maximum efficiency, further improving fuel economy.
The first gasoline-electric hybrid car was released by the Woods Motor Vehicle Company of Chicago in 1917. The hybrid was a commercial failure, proving to be too slow for its price, and too difficult to service. The hybrid-electric vehicle would not become widely available until the release of the Toyota Prius in Japan in 1997, followed by the Honda Insight in 1999. While initially perceived as unnecessary due to the low cost of gasoline, worldwide increases in the price of petroleum caused many automakers to release hybrids in the late 2000s; they are now perceived as a core segment of the automotive market of the future. Worldwide sales of hybrid vehicles produced by Toyota reached 1.7 million vehicles in January of 2009. The second-generation Honda Insight was the top-selling vehicle in Japan in April 2009, marking the first occasion that an HEV has received the distinction. American automakers have made development of hybrid cars a top priority.
This text uses material from Wikipedia, licensed under CC BY-SA