Technology Info Crunch

Electric vehicles' sales growth worldwide has badly lagged predictions from 2010. In 2019, EV sales made up only about 2% of global sales. The failure of EVs to sell in the US reminds me of diesel-vehicle sales, which have also been meager. Europe runs on diesel, but Volkswagen's Dieselgate scandal could make EVs a bigger part of the market there. If EVs are going to fulfill expectations, China is a logical place to look for growth, as its market could rise to 40 million in annual sales in the coming decades. But the US could continue to run mostly on gas. That might sound disappointing, but I'd rather see the next 10 million vehicles sold in China be electric rather than fixating on the poor showing of EVs in the US. Read more stories from Business Insider's Driving the Future series. Tesla's Elon Musk, right, at a groundbreaking for a factory in China. Aly Song/Reuters In the decade I've been covering the auto industry, I've never seen a bigger...

Globel Energy Challange By  Sherisse Pham ,  CNN Business Curtesy to CNN Business Updated 1208 GMT (2008 HKT) October 11, 2019 Hong Kong (CNN Business) Many of the world's top carmakers may be racing to make plug-in electric vehicles in response to the climate crisis, but Toyota is hedging its bets by backing an alternative source of power for its cars. The Japanese company revealed a new version of its hydrogen-powered vehicle on Friday, doubling down on its bet that fuel cells will help secure Toyota's future as the industry comes under enormous pressure to slash carbon emissions. Toyota   ( TM )  is driving forward with the Mirai, its hydrogen-powered fuel cell electric car, offering a redesigned version that the company said boasts "significantly greater range, improved driving performance, and an elegant, sporty design that offers increased passenger room and comfort." The new hydrogen-powered sedan is built on th...