The EV share of the U.S. new car market has grown over 800% since 2019 – but it’s flattened out in recent months and industry analysts say the high cost of today’s all-electric models is a major problem as EVs go from niche to mainstream. Hyundai hopes to address that problem, a senior exec has hinted, with a new entry model likely to be dubbed the Hyundai Ioniq 2. More from Headlight.News.
Green Power
U.S. Sets New Fuel Economy Record – But Detroit Makers Lag Imports
The U.S. auto industry set a new fuel economy record in 2022, according to the EPA – though Detroit’s Big Three automakers lagged both foreign-owned brands and domestic start-ups. It marked the biggest improvement in mileage in nine years. More from Headlight.News .
Canada Banning Combustion Engine Sales by 2035
Canada is the latest country planning to require automakers to sell 100% zero-emissions vehicles by 2035, though that could include hydrogen fuel-cell vehicles, as well as EVs. Two Canadian provinces previously laid out the same target — as have a number of other countries, including the United Kingdom. More from Headlight.News.