The latest U.S. tariffs on China may score political points, but there are trade-offs.
Overall, registrations for battery-electric vehicles rose 3.8% in March compared with the year-earlier month. Ford, Hyundai and Kia gained significant share in the EV segment, S&P Global Mobility said.
IndyCar is finally set to introduce its hybrid system this summer. That makes the 2024 Indy 500 the last time the open-wheel cars will run at the Brickyard without hybrid power.
Consumer preferences shift to hybrids and plug-in hybrids as interest in fully electric vehicles cools.
Honda CEO Toshihiro Mibe outlines the business case for achieving fat electric vehicle margins by the end of the decade as he doubles investment in next-generation EVs.