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Hyundai Ioniq Hybrid Scores 58mpg ETA Rating

Nov 13, 2016 11:26 AM EST

South Korean car manufacturer Hyundai has announced that the company's new Ioniq Hybrid Blue, which is expected to hit the market early next year, has an estimated EPA rating of 57 miles per gallon for city, 59 miles per gallon for highway, and a combined rating of 56.

China's BYD Co. predicts car sales profit will increase five times higher than last year.

China's BYD Co. Forecasts Electric Vehicles Sale Profit to Jump Five Times Higher

Charissa Echavez |

Apr 29, 2016 01:02 PM EDT

Chinese car manufacturer BYD Co. Ltd. predicts its net profit will jump five times higher in the first half of the year, indicating a robust demand for electric vehicles.

Tesla Motors Plans On Producing Electric Cars in China In Next 3-4 Years

Vittorio Hernandez |

Oct 20, 2014 02:00 AM EDT

Elon Musk, the chief executive of Tesla Motors, foresees China as the electric carmaker's largest market in the near future as he aims to produce a clean-energy vehicle in the country within the next three or four years.