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Tag : hybrid cars

Business

South Korea auto exports rise on March hybrid demand

omandailynews.com
SEJONG: South Korea’s automobile exports rose in March as strong global demand for hybrid vehicles lifted overseas shipments despite weaker sales in parts of Asia and the Middle East. The Ministry of Trade, Industry and Resources said auto exports totaled $6.37 billion last month, up 2.2% from a year earlier and marking......
Automotive

EU softens 2035 ban on combustion engine vehicles

omandailynews.com
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda. The European Commission is preparing to revise the existing regulation that requires......
Automotive

EU imported non-plug-in hybrid cars worth Euro 11.8 billion last year

omandailynews.com
In 2021, the EU spent €11.8 billion on imports of non-plug-in hybrid cars (41% of total extra-EU imports of hybrid and electric cars), €11.4 billion on full electric cars (39%) and €5.9 billion on plug-in hybrid cars (20%), according to Eurostat figures published by the European Union’s statistical office. In......