hybrid vehicles

Honda and Nissan sign deal to co-develop vehicle software

Honda and Nissan announced on Monday that they have signed a joint development agreement to standardize core electronic control units and software for next-generation vehicles, marking a formal reconciliation between two automakers whose merger talks collapsed more than a year…

Chinese carmakers set sights on global hybrid market

Chinese automakers are pushing beyond battery-electric vehicles into full-hybrid technology, opening a new front in their challenge to established global manufacturers. Companies including Geely Auto and Changan Automobile have reported strong sales of hybrid electric vehicles, drawing domestic consumers away…

Global EV prices fall below hybrids for first time

The average price of a new electric vehicle globally fell below that of a hybrid for the first time last year, according to a report from Nikkei Asia, marking a milestone driven by plunging battery costs and the rapid expansion…