Brazil is charging up for a hybrid revolution as global car manufacturers race to pump billions of dollars into the development of green vehicles in Latin America's biggest economy.

The FIA announced last month that the WRC will drop hybrid power from its Rally1 class three years after its introduction in 2022.

In February, the total new plug-in electric car registrations in Germany amounted to 42,054, down 5% year-over-year. The market share decreased to 19.3%.

The Volkswagen Group says that "e-mobility [is] the future of the automotive industry," but has to stay flexible during the transition.

Xiaomi's new electric vehicle SU7 challenges Tesla and Porsche with cutting-edge technology and performance in the Chinese EV market.

Ford F-Series trucks outsold the Tesla Model Y electric crossover, defying the global trend on the home turf.