Toyota Localizes Hybrid Production in Vietnam with $360 Million Investment
Toyota commits $360 million to build its first localized hybrid vehicle production line in Vietnam, defending its market share against emerging electric startups.
News and updates from automotive manufacturers and EV brands
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Toyota commits $360 million to build its first localized hybrid vehicle production line in Vietnam, defending its market share against emerging electric startups.
Ford CEO Jim Farley officially confirmed the upcoming Bronco Hybrid, underscoring the brand's strategic pivot to offer a hybrid variant of every model.
Jaguar Land Rover and Chery have revived the Freelander nameplate as a standalone electrified brand, launching first in China with global export plans.
Renault India introduced the 2026 Duster SUV starting at 10.49 lakh rupees. The launch relies on internal combustion and strong hybrid powertrains over pure electric variants.
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Mitsubishi upgrades the 2026 Outlander PHEV with a 22.7-kWh battery, boosting electric range and power while raising the base price to $44,990.
Kia officially drops the Niro EV for the 2026 model year. The crossover will continue exclusively as a hybrid as the brand pivots to dedicated EV platforms.
Honda cancels three major upcoming electric vehicles and warns of a historic $15.8 billion impairment charge as US EV demand cools.
Following a 22.2 billion euro EV impairment, Stellantis is raising capital and utilizing BluE Nexus and Bosch technology to launch new hybrid Jeep models.