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Ford abandons ‘European electric vehicles by 2030’, ‘engine hybrid sales’, GM Malibu ‘discontinuesFord Motor Company gave up its policy of producing full electric vehicles in Europe by 2030 and announced a revised plan to ‘sales of engine hybrids in Europe’ and gave up its policy of producing full electric vehicles in 2035. “With the slowing adoption of electric vehicles in Europe, we believe we..

Chinese EV innovatio ‘wheeled robot’ approved for autonomous driving, 71 new models this year China is planning to launch 71 new models this year, moving from electric vehicle battery and design innovation to ‘wheeled robots’ and approving the security of self-driving cars. The New York Times, which covered the Beijing Auto Show in China, reported on the 1st that Chinese electric vehicles, which..

Tesla's large dashboard 'impedes driving', stock price plummets due to aging of electric vehicles As Tesla's stock price fell 5.2% to $166.08 on the 2nd, losing about $30 billion in market value and falling 33% this year, stock market analysts and American media began criticizing Tesla's electric vehicles. BYD, a Chinese electric car company, announced sales of about 300,000 electric vehicles in..

U.S. Big 3 Hybrid Sharp Turn, LG Ensol Samsung SDI Battery ‘Fatal Injury’ As the Big 3 American automobile companies make a sharp shift to focusing on hybrids this year, Korea's investment in batteries in the United States appears to be suffering a fatal blow. Reuters reported on the 15th, citing Morgan Stanley, that hybrid sales in the United States increased five times faster than electric veh..

Hybrid wins by a landslide in the U.S. automobile market, Toyota strengthens, Tesla falls The transition to electric vehicles in the U.S. automobile market was marked by a landslide victory for hybrids, with Toyota showing strength and GM joining in, leading to a decline in electric vehicle-only Tesla. Japan's Toyota, a latecomer to electric vehicles, saw its U.S. sales increase 20% in January a..

Ford GM ‘discards’ investment in electric vehicles, ‘4-fold increase’ in hybrid gasoline vehicle production American automaker Ford GM postponed its investment in electric vehicles and announced increased production and sales of hybrid and gasoline vehicles. Ford Chief Financial Officer John Lawler wrote in an investor note on the 26th that the company will “defer some of its planned multibillio..