Toyota announced a new electric SUV.
New Fiat EV liine-up
VW strategy for EV
BEVs were up 92% to 38,700 units year-on-year, and plug-in hybrids were up 153% to 28,700.
The drop, due to the coronavirus, brings the price of fuel for combustion cars closer to what EV drivers pay.
Fiat 500e will come to the US.
Volkswagen’s chief strategist this week said that even a yearlong slump in oil prices will not slow down the company’s shift to EVs.
Hyundai, Kia, and Genesis brands will invest more than $87 billion to produce 23 EVs by 2025.
Hachigo will emphasize hybrids over EVs, with the goal of making two-thirds of global sales come from “electrified “vehicles by 2030.
A persistent concern among some EV drivers is the long-term health of the battery. All batteries lose some storage capacity over time.