Hybrid and Electric Luxury Car Sales Are On the Rise

Posted in LUXURY CARS on July 13, 2021
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Bentley Flying Spur Hybrid; Credit: Bentley 2020 was an unprecedented year for many industries and the automotive industry, in particular, saw a 20% drop year-on-year but registration for electric and hybrid vehicles grew more than 137% as compared to 2019. In the realm of luxury cars, there is a trend that buyers are switching to hybrid or electric cars (EVs). For example, in the first quarter of 2021, Porsche’s fully electric Taycan outperformed the Boxter, Read More »

Europe's climate masterplan aims to slash emissions within a decade

Posted in REVIEWS on July 12, 2021
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BRUSSELS — The European Union is set to take the lead in climate policy action among the world's biggest greenhouse gas emitters this week, with a raft of ambitious plans designed to cut emissions drastically over the next decade. The policies, if approved, would put the bloc — the world's third-largest economy — on track to meet its 2030 goal of reducing planet-warming emissions by 55% from 1990 levels. The "Fit for 55" package being Read More »

Electric car sales surge as Europe's climate targets take hold

Posted in REVIEWS on June 29, 2021
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BRUSSELS — One in every nine new cars sold in Europe last year was an electric or plug-in hybrid vehicle, with low-emission car sales surging even as the COVID-19 pandemic knocked overall vehicle sales, the European Environment Agency said on Tuesday. The uptick in electric car sales caused a 12% drop in average CO2 emissions of new cars sold in Europe last year, compared with in 2019, reversing a trend that had seen such emissions Read More »

Genesis brand will be introduced in Europe this summer

Posted in REVIEWS on May 4, 2021
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SEOUL — South Korea's Hyundai Motor Co said on Tuesday it will launch its premium brand Genesis in Europe this summer, debuting its flagship sedan and sports utility vehicle (SUV) in one of the world's fastest growing electric vehicle markets. Genesis, which launched as Hyundai's standalone luxury division in 2015 to compete with premium brands like BMW, Mercedes and Lexus, said it will sell both conventional and electric models in the region. "The Electrified G80 Read More »