Tag - hybrids



Suzuki's eVX electric vehicle at the Japan Mobility Show in Tokyo last October
BUSINESS / Companies
Jun 7, 2024
Suzuki to stop making cars in Thailand to focus on EV shift
The 12-year-old plant in Thailand’s Rayong province, southeast of Bangkok, has an annual production capacity of 60,000 units.
Hiroki Nakajima, Toyota's chief technology officer, speaks during a news conference in Tokyo on Tuesday.
BUSINESS / Companies
May 29, 2024
Toyota bets on alternate-fuel engines in an electric future
The carmaker said its making progress on developing smaller, more efficient engines that can work with EV manufacturing platforms.
Strong sales of Prius hybrids are delivering a cash boost for Toyota to invest in fully-electric cars.
BUSINESS / Companies
May 16, 2024
Hybrids delivering cash chest for Toyota and Honda’s EV ambitions
With the shift to battery-electric vehicles clearly taking much longer than anticipated, consumers are voting for hybrids with their wallets.
Toyota said its group net profit in the fiscal year that ended in March nearly doubled from the previous year to hit a record high, due to robust sales of hybrid vehicles.
BUSINESS / Companies
May 8, 2024
Toyota posts record net profit on weak yen and strong hybrid sales
The carmaker saw a 31% jump in sales of hybrid vehicles, bringing the total to 3.7 million, while sales of purely electric cars were 116,500.
Nissan is leveraging its e-Power hybrid technology in Tunisia as Africa is not ready in terms of infrastructure availability of electricity.
BUSINESS / Companies
Mar 27, 2024
Nissan to test African demand for its e-Power hybrid vehicle
Africa is the world's last remaining automotive frontier due to the low level of vehicle ownership.
Earl Stewart, a Toyota dealer, says he was shocked when he first heard about Toyota’s strategy.
Mar 13, 2024
Toyota’s hybrid-first strategy is delivering big profits
Toyota’s sales are booming, and the company is reporting huge profits.
Vehicles on display at a Toyota car dealership in Rio de Janeiro, Brazil
BUSINESS / Companies
Mar 6, 2024
Toyota ups its bet on hybrids in Brazil with $2.2 billion plan
The firm will expand production capacity in Latin America’s largest economy for models that use hybrid-flex fuel technology.
Toyota raised its annual net profit forecast to a record high ¥4.5 trillion in the year ending in March.
BUSINESS / Companies
Feb 6, 2024
Toyota raises annual net profit forecast as chip shortage eases
But scandals involving rigged engine and safety tests at subsidiaries led the firm to slightly revise down its sales target for the financial year.
Toyota's hybrid RAV4 Prime at an auto show in Los Angeles in 2019
Feb 2, 2024
Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown
Toyota is expected to offer an upbeat outlook when it reports its earnings on Tuesday, helped by its heavy reliance on hybrids.
Honda’s sales in the United States soared 33% last year and the firm anticipates continued growth but at a more modest pace.
BUSINESS / Companies
Jan 19, 2024
Honda sees 2024 U.S. sales climbing 10% with boost from hybrids
Honda’s sales in the U.S. soared 33% last year to 1.3 million vehicles — with one-quarter of that total coming from hybrid models.
Toyota's global production jumped 11% in November to a record level, bouncing back from last year's supply chain disruptions and benefiting from robust demand both in Japan and overseas.
BUSINESS / Companies
Dec 27, 2023
Toyota saw record November sales on demand from U.S. and Europe
Global sales — including that of subsidiaries Hino and Daihatsu — rose 12% from a year earlier to 986,262 units.
A 2023 Toyota Prius vehicle during an auto show in New York in April
BUSINESS / Companies
Dec 20, 2023
In the birthplace of Toyota’s Prius, hybrids now reign supreme
Japan’s biggest carmakers have only recently promised to roll out a wider slate of battery-only models in the next two to three years.
A BMW electric vehicle is charged at a charging station in Drogenbos, Belgium, in November.
Dec 4, 2023
EU's electric dreams short-circuited by EV charging gridlock
The process for setting up a fast EV charging station has risen to an average of two years from six months in the last few years.
Rachel Culin, a disenchanted Toyota owner, standing between her Toyota Prius and new Chevy Bolt at her home in Mesa, Arizona. The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
BUSINESS / Companies
Sep 8, 2023
Toyota, a hybrid pioneer, struggles to master electric vehicles
The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell EVs, alienating some customers and hurting sales.
A 2023 Toyota Prius. Hybrids have accounted for less than 10% of total U.S. sales, with Toyota’s long-running Prius among the most popular models.
Aug 28, 2023
Gas-electric hybrids get boost in the U.S. from Ford and others
Ford is the latest of several top automakers planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over the next five years.
Japan Times
BUSINESS / Companies
May 30, 2023
Toyota sets April global output record as pandemic impact recedes
Its production outside Japan increased 14.7% to 514,738 vehicles, also a record high for April, with output in China surging 51.9%.
Japan Times
May 26, 2023
Toyota may lead transition finance in Japan’s auto industry
The firm has said it is considering transition bonds or loans to finance loan and lease receivables for hybrid vehicle sales.
Japan Times
Apr 6, 2023
As China, Europe and the U.S. power ahead with EVs, Japan clings to hybrids
Last year, 59,000 new EVs were sold in Japan — a record and a threefold annual increase, but still less than 2% of sales of all cars in the country in 2022.
Japan Times
BUSINESS / Companies
Mar 9, 2023
Nissan to overhaul electric powertrains for hybrids and EVs in search of cost cuts
The Japanese automaker said it will use the same components across models to make electric powertrains smaller and lighter, reducing costs by 30% from the 2019 level.
Japan Times
BUSINESS / Companies
Feb 13, 2023
Toyota to ramp up on batteries but keep its options open, new CEO says
Koji Sato said that Toyota would continue to focus on pursuing a number of different technologies in its drive toward carbon-neutral vehicles.


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