DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties related to federal fuel economy and emissions standards. The shifting strategies run
DETROIT - Interest in electric vehicles is at an all-time high, with sales of new EVs up 55% in 2022 compared with the year prior. But there are still a lot of gas cars on the roads today, and it’s likely there will be for a long time. A burgeoning industry is breathing new life, and
DETROIT - Toyota Motor is not giving up on its flagship Prius hybrid anytime soon, despite investing billions in all-electric vehicles amid criticism it hasn’t moved fast enough into the emerging segment. The automaker late Tuesday revealed new versions of the Prius hybrid and Prius Prime, a plug-in hybrid electric vehicle. Both are considered “electrified” vehicles
CAMBRIDGE, Ma. - After Brandon Sorbom graduated from Loyola Marymount University in Los Angeles in 2010, he decided to take the “couple of thousand dollars” he had saved and his credit card (he had 0% interest for a year) and fly to Boston. Sorbom wanted to get his Ph.D. in nuclear fusion but had been rejected
LOS ANGELES – CNBC’s Make Me A Millionaire Inventor is casting inventors of all kinds who want to team up with their experts to get their inventions seen by potential investors and industry buyers. If you are in inventor, CNBC wants to hear from you. But first ask yourself these questions: Do you have an
