Latest Hybrid vehicles News
Toyota-linked auto parts maker to build $69M plant northeast of Atlanta
PENDERGRASS, Ga. (AP) — A Toyota-linked maker of auto parts will build a third factory northeast of Atlanta to build electrical converters for hybrid vehicles. Toyota Industries Electric Systems North America said it will invest $69 million to build the plant just off Interstate 85...
China's economy shows sparks of life, despite persisting weakness in troubled real estate sector
BEIJING (AP) — China's economy showed more signs of reviving in October as retail sales and manufacturing picked up though the property sector remained sluggish, the government said Wednesday. Factory output rose 4.6% from a year earlier in October, while retail sales jumped 7.6%,...
Envirotech Vehicles: Q3 Earnings Snapshot
OSCEOLA, Ark. (AP) — OSCEOLA, Ark. (AP) — Envirotech Vehicles, Inc. (EVTV) on Tuesday reported a loss of $6 million in its third quarter. On a per-share basis, the Osceola, Arkansas-based company said it had a loss of 40 cents. The hybrid vehicle drivetrain maker...
Chinese auto sales surged 10% year-on-year in October in fastest growth since May, exports up 50%
BEIJING (AP) — Sales of passenger cars rose 10.2% in October over a year earlier, an industry association said Wednesday, as makers ramped up promotions and customers opted for electric and hybrid vehicles. Sales of electric and hybrid vehicles climbed 37.5% from a year earlier,...
Envirotech Vehicles: Q1 Earnings Snapshot
OSCEOLA, Ark. (AP) — OSCEOLA, Ark. (AP) — Envirotech Vehicles, Inc. (EVTV) on Monday reported a loss of $2.3 million in its first quarter. The Osceola, Arkansas-based company said it had a loss of 15 cents per share. The hybrid vehicle drivetrain maker posted...
Envirotech Vehicles: Q2 Earnings Snapshot
OSCEOLA, Ark. (AP) — OSCEOLA, Ark. (AP) — Envirotech Vehicles, Inc. (EVTV) on Monday reported a loss of $1.3 million in its second quarter. On a per-share basis, the Osceola, Arkansas-based company said it had a loss of 8 cents. The hybrid vehicle drivetrain maker...
IndyCar takes hybrid testing to its marquee venue in Indianapolis
INDIANAPOLIS (AP) — Indianapolis Motor Speedway reverted to its original purpose Thursday — serving as a test track for new automobile technology. The lessons learned about IndyCar's new hybrid cars could reverberate throughout next season. Four drivers, including...
Eligible electric and plug-in vehicle buyers will get US tax credits immediately in 2024
DETROIT (AP) — Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. government income tax credits at the time of purchase. Eligible buyers, including those that bought an EV or hybrid this year, have had to wait until...
Edmunds: Suffering from gasoline price anxiety? These are the Top 5 hybrids of 2023
Are high gas prices burning a hole in your wallet? Then maybe it’s a good time to consider a hybrid vehicle. Hybrids gain improved fuel efficiency thanks to specialized powertrains that combine a gas engine with at least one electric motor that’s powered by a battery pack that does not need to...
