Kia sets sights on hybrid growth as electric demand wavers

[ad_1] “Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV [electric vehicle] line-up,” said Ho Sung Song, Kia President and CEO, speaking at the event. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening … Read more

Lamborghini sets global sales record thanks to SUV demand

[ad_1] The Lamborghini Urus now accounts for 60 per cent of the brand’s total sales globally, helping to deliver its first year with more than 10,000 cars sold. View 5 images For the first time in its 60-year history, Italian car-maker Lamborghini sold more than 10,000 vehicles in a calendar year throughout 2023 – despite one … Read more

BMW to keep the manual transmission alive due to global demand

[ad_1] Strong demand for manual transmissions in BMW’s performance M models means the German car maker won’t drop the option of a three-pedal just yet. View 3 images Amid a near-universal move away from manual transmissions within the car industry, BMW says it will keep its three-pedal options alive for now – or at least until … Read more

Electric scooters slashing oil demand four times faster than electric cars – report

[ad_1] Electric two-wheelers are reducing demand for fossil fuels by one million barrels a day, a new report claims. View 4 images Electric scooters are reducing demand for oil by 1 million barrels a day – almost equivalent to Australia’s daily consumption – according to reports by news and feature website The Conversation, and news agency … Read more

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