Drone manufacturer Elroy Air names its new aircraft a turbogenerator-hybrid electric vertical takeoff and landing aircraft — hVTOL for short — and claims it’s the first of its kind to fly.
Sales of Hybrid, Plug-in Hybrid, and Battery Electric Vehicles
The costs of keeping up with four engine technologies and the pace of self-driving trucks push rival truck manufacturers into partnerships.
The electrification of commercial trucks is edging closer but the industry first must go through a “messy middle” that sorts out the future of diesel and other alternative fuels.
BorgWarner Inc. (NYSE: BWA) beat Wall Street’s consensus revenue expectations of $2.55 billion for the fourth quarter of 2018, even though the company’s sales decreased 0.5 percent year-over-year (Y/Y), from $2.586 billion to $2.572 billion.
In the last few weeks, Volkswagen AG has been fined $1.2 billion by a German court over its Dieselgate scandal and is now looking at recalling 124,000 vehicles as it discovered the presence of cadmium in chargers of its electric car variants.
Hyliion has taken steps to help secure its pipeline of technology with the acquisition of Gentherm’s battery division and strategic partnerships with Toshiba and Dana Corp. as it seeks to further its hybrid-electric technology.
