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Toyota Was Right? Japanese Automaker Trails GM In America — But Hybrid Strategy Gives It Edge In EV War
Wednesday, April 3, 2024 - 3:38am | 481General Motors (NYSE:GM) maintained its position as the best-selling automaker in the U.S. at the end of the first quarter, edging out its Japanese competitor, Toyota Motor‘s (NYSE:TM) regional unit. This comes despite an overall sales decline for GM and Toyota’s rising...
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Meet BYD Chief Wang Chuanfu, Who Charlie Munger Said Is 'Better At Actually Making Things' Than Tesla CEO Elon Musk
Tuesday, January 2, 2024 - 8:05am | 748Wang Chuanfu, the 57-year-old billionaire founder and CEO of BYD Co. (OTC:BYDDY) (OTC:BYDDF), has steered the Chinese automaker onto the global stage, positioning it as a formidable contender poised to outpace even Tesla Inc (NASDAQ:TSLA) in fully electric vehicle sales. Early Days Wang’s...
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The Top 5 Electric Vehicle Companies In The World By Units Through Q3: Where Tesla Ranks
Tuesday, November 1, 2022 - 12:25pm | 669With two months left in the year, the race to be one of the biggest electric vehicle companies by units sold heats up. Here’s a look at the top five companies globally. What Happened: Electric vehicle company Tesla Inc (NASDAQ: TSLA) reported record revenue in the third quarter and saw...
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Ford 2022 Maverick Hybrid Truck Almost Sold Out, Boasts Of 42 MPG EPA City Rating
Friday, October 22, 2021 - 12:43am | 400Ford Motor Co (NYSE: F) said on Thursday its first hybrid pickup Maverick has crushed EPA fuel economy tests and is nearly sold out. What Happened: The Dearborn, Michigan-based Ford said the gas-electric Maverick would be fully booked by early November following which the automaker will stop...
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Hyliion Unveils Hybrid Powertrain System: What Investors Should Know
Tuesday, August 31, 2021 - 11:44am | 385Class 8 commercial semi-truck company Hyliion Holdings Corp (NYSE: HYLN) announced Tuesday morning the debut of Hyliion Hybrid eX, an enhanced version of the company’s current hybrid powertrain. What Happened: The new platform offers a lighter solution for fleets and is easier...
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Toyota, Panasonic To Establish New Hybrid EV Battery Production Line In Japan
Tuesday, October 6, 2020 - 4:25am | 422A joint venture between Panasonic Corporation (OTC: PCRFY) and Toyota Motor Corporation (NYSE: TM) is set to begin the production of batteries for hybrid electric vehicles in Japan in the next two years. What Happened: The prismatic lithium-ion batteries will be made at the ...
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Crossover, Alternative Car Sales Helped Boost May Auto Industry Figures
Wednesday, June 4, 2014 - 4:02pm | 485More signs appeared this week of the auto industry's bounce-back from the depths of the recession: the industry reported better-than-expected new car sales in the U.S. last month. The sale of 1.6 million vehicles, as well as strong sales figures for the growing alternative car market were...