SUVs are the most popular segment of the car market right now. And combining an SUV with a hybrid engine is particularly hip. One example is the Lexus NX300h. It has a 4 cylinder engine with 145 kilowatts.
Chief Executive Oliver Blume has said the sports carmaker will focus on petrol/gasoline, hybrid and all-electric vehicles. Porsche and its parent Volkswagen have seen their image take a beating in the wake of Dieselgate.
Chinese automaker Geely is launching a new car brand, 'Lynk & Co.' To signal its global ambition, Geely chose Berlin as the city in which to unveil the first Lynk-branded automobile: an SUV hybrid named 'Lynk 01.'
Ford Motor has announced it will significantly increase its investment in the development of fully electric and hybrid vehicles. The carmaker's strategy shift has been in the making for over six months.
The market for electric cars and hybrids grew by 37 percent in 2016. BMW has made e-car production a priority, and now enjoys a market share of 7 percent, behind Tesla and market leader BYD from China.
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