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China's BYD just set a high bar for Tesla to clear in order to defend its title as the world's top seller of electric cars. The Chinese automaker reported fourth-quarter EV sales of 526,409 cars.
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Starting in 2026, Formula 1 cars will feature power units combining internal combustion and electric power in a 50/50 ratio, reflecting the sport's commitment to environmental sustainability.
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EVSR will be the first EV Race Team to endurance race an all-electric race car with hot swap battery packs allowing continuous racing with no down-time for charging. EVSR has developed a system of.
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On Jan. 13, the 10th season of Formula E (a race car competition consisting only of teams using electric and sustainable engines) kicks off with the Hankook E-Prix in Mexico City.
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Porsche 'Rings in New Year. A newly modified, all-electric Porsche Taycan prototype bounced its way around the 12.9-mile journey that is the Nürburgring Nordschleife in a quoted lap time of 7:07.
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Over the year as a whole Elon Musk's Tesla ( TSLA) still outpaced BYD, selling 1.8 million electric cars. BYD sold 1.57 million electric vehicles, up 73% on 2022, as well as 1.44 million hybrids.
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BYD founder Wang Chuanfu is worth about $15 billion. Wang Chuanfu grew up as an orphan in one of China's poorest regions. Now one of China's richest people, his company BYD has just overtaken.
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