Latest Trends and Innovations in Electric Vehicles

A recent study by KPMG highlights that despite advancements in electric vehicle (EV) technology, Americans still largely prefer traditional gas-powered vehicles over hybrids or electric models, even if they are priced equivalently and offer similar features Meanwhile, BYD has made significant progress in the plug-in hybrid sector by launching its fifth-generation dual mode (DM) hybrid technology This new technology ensures a record low fuel consumption of 2.9 liters per 100 kilometers (62.1 miles) on depleted batteries and represents a major leap in fuel efficiency and driving range. The unveiling ceremonies and other details about these advancements were shared by BYD's chairman, Wang Chuanfu, indicating promising developments for future fuel economy and cost savings in hybrid vehicles.