In 2023, Iranian oil exports surged by 50% to 1.29 million barrels per day, marking the highest level in the past five years. Toyota is set to outperform competitors as a growing number of consumers opt for hybrid vehicles amid a slowdown in electric vehicle (EV) demand. This trend has placed Toyota in a leading position in the hybrid vehicle market. Furthermore, Russia increased its exports of liquefied petroleum gas to China by 35% in 2023. In addition, Chinese electric vehicles (EVs) dominated the top-selling models in Thailand last year, with BYD securing two spots, highlighting China's strong presence in the Southeast Asian country's electrification push. China also solidified its position as the world's top auto exporter in 2023, driven by strong demand for new-energy vehicles and increased deliveries to Russia, after surpassing Japan earlier in the year. Moreover, China, as the world's largest carbon emitter, is leading in driving renewables deployment.
China was the world’s top auto exporter last year, cementing its position after overtaking Japan as No. 1 earlier in 2023, thanks largely to strong demand for new-energy vehicles, increased deliveries to Russia and escalating domestic competition. https://t.co/ahmP8GKFx8
China is both the world’s largest carbon emitter, responsible for a third of global greenhouse gas emissions, and the runaway leader in driving renewables deployment. https://t.co/r6680A26or
A growing number of consumers are accelerating hybrid vehicle sales, leaving long-time hybrid-maker Toyota in pole position to lap rivals. https://t.co/TpuN9F34b0
Charts of the Day: Chinese EVs made up four of the five best-selling models in Thailand last year, with BYD taking two of the spots, underscoring the growing lead China’s automakers have taken in the Southeast Asian country’s electrification push. https://t.co/F1hVTOzsLz
Great energy rotation continues: In 2023, Russia increased exports of liquefied petroleum gas to China by 35%.
Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown https://t.co/egB0XEh8CG https://t.co/1HzeofPUmv
A growing number of consumers are accelerating hybrid vehicle sales, leaving long-time hybrid maker Toyota in pole position to lap rivals who have been making a rapid transition towards full electrification and now grapple with weakening EV demand https://t.co/nPGbrUhQpI
Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown https://t.co/vr0OwUuqD8 with @abhiruproy30
⚠️ ANALYSIS-TOYOTA TO OUTSHINE RIVALS AS MORE CONSUMERS OPT FOR HYBRIDS AMID EV SLOWDOWN (Reuters) When Tony Le set out with his wife to buy a new car last year, he looked at Tesla and other all-electric models. In the end, the 37-year-old Modesto, California, tech worker… https://t.co/CTcSdj8vhe
Iranian oil exports in 2023 increased by 50% to 1.29 million barrels per day, the highest level in the last five years. https://t.co/P0BCsYcXeL