Hybrid
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters. The company on Tuesday said…
By Gilles Guillaume PARIS (Reuters) – Renault (EPA:) CEO Luca de Meo’s bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe’s fast-growing hybrid car market, giving it some breathing space as rivals get squeezed by the electric mobility challenge. Demand for expensive electric…
By Daniel Leussink TOKYO (Reuters) – Demand for hybrids is likely to deliver another quarter of double-digit growth for Japan’s Toyota Motor (NYSE:) when it reports earnings on Thursday, although it is expected to show signs of slowing after a run of record profits. Analysts will be paying close attention…
By Dawn Chmielewski (Reuters) – Skydance Media CEO David Ellison on Monday sketched out a vision for Paramount Global as a technology-media hybrid company at a time Hollywood has been competing for attention with tech giants moving into the entertainment business. In an hour-long presentation to the financial community following…
Consumers are pumping the brakes on electric-vehicle demand as technological limitations erase the premium buyers used to be willing to pay.For the first time, used EVs are less expensive than their traditional gas counterparts. Not only are prices lower, they’re also plummeting at a much steeper clip, a recent report…
Ukraine’s war effort may soon get a boost from a new hybrid tank that merges a Cold War-era tank chassis with an advanced air defense system. Rheinmetall, a German arms manufacturer, revealed in a media release on Monday that the new design consists of a Skyranger turret mounted on a…
SHANGHAI (Reuters) -China’s BYD (SZ:) launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cost savings, intensifying competition with the likes of Toyota (NYSE:) and Volkswagen (ETR:) that still sell mainly gasoline cars. BYD’s chairman Wang Chuanfu unveiled the fifth generation of the hybrid…
Hybrids are having a moment.Sales of partially battery-powered vehicles, once ridiculed as a “phase” by the likes of Elon Musk, are increasing even as EVs stutter, with hybrid sales growing by 50% in the first two months of the year, while EV sales grew 13% in that time, according to…
