SAIC Motor's Roewe marque showcases the D7 DMH plug-in hybrid sedan at the 2024 Beijing auto show in April. Plug-in hybrid vehicles are expected to gain in popularity over the forthcoming decade, which has prompted overseas carmakers to turn to Chinese brands for their expertise, said company executives and industry experts. That year saw BYD deliver 946,000 such vehicles, accounting …
DETROIT — Toyota customers soon won’t be able to get U.S. federal tax credits for buying electric or hybrid vehicles. The automaker expects that sometime before the end of June it will reach a 200,000-vehicle cap on the credits, Bob Carter, Toyota’s head of North American sales, said Wednesday. Tesla, the top seller of electric vehicles in the world, and …
