logo
Once Considered Passé, Hybrids Roar Back as a Best-of-Both-Worlds Powerhouse

Once Considered Passé, Hybrids Roar Back as a Best-of-Both-Worlds Powerhouse

Yahoo4 hours ago

Regardless of the industry, pendulum swings are a challenge to navigate. In 2021, automakers faced one such shift when the European Commission passed legislation requiring a 55 percent reduction in the continent's greenhouse-gas emissions within five years. In response, many marques turned to hybrids as a bridge to an all-electric future. What was once perceived as a temporary fix may, however, prove to be the golden mean.
'The charging infrastructure in most countries is not yet mature enough to support convenient mass adoption of battery-electric vehicles, and in some territories never will be,' says Jonathan Hall, head of research and advanced engineering at U.K.-based consulting group Mahle Powertrain. While Hall stops short of calling hybridization ideal, he notes that 'when extreme performance is needed, then hybrids provide a more compelling answer.'
More from Robb Report
Flash Is Back: Extravagance Returns to Menswear Amid Economic Upheaval
Forget Tearing Down the House. Regenerative Design Is on the Rise.
How Sullivan Rutherford Estate Made the Best American Cabernet Sauvignon of the Year
Luxury and high-performance automakers seem to agree. Pairing an internal-combustion engine (ICE) with battery power results in more of a complement than a compromise. 'It preserves the sound signature and continuous high-speed power delivery of combustion engines while leveraging electric propulsion's instantaneous torque response and precision,' says Emilio Scervo, CTO of hypercar-builder Bugatti Rimac. Regarding Bugatti's new 1,800 hp Tourbillon hybrid, he adds that 'the electrical system enables sub-millisecond torque vectoring that mechanical differentials cannot match.'
Bugatti's siblings under the Volkswagen Group echo this sentiment. 'Hybrids haven't been a transitory technology in our view, but rather an excellent solution for our customers,' says Thomas Wasserbäch, vice president of Porsche's combustion and hybrid-drive-system division. Porsche, active in this space since 2010, just hybridized its iconic 911 for this model year. Lamborghini also joined the trend with the debut of its 1,000 hp Revuelto hybrid in 2023. 'The company doesn't plan to give up the internal-combustion engine anytime soon,' says CTO Rouven Mohr. 'We are also considering synthetic fuels to keep ICE vehicles running after 2030.'
Hall concurs: 'With the emergence of bio-based and even fully synthetic fuels, the link between the ICE and climate change can be broken.' Combined with the development of better batteries, this progressive hybrid model could offer the best of both worlds for years to come.
Best of Robb Report
The 2024 Chevy C8 Corvette: Everything We Know About the Powerful Mid-Engine Beast
The World's Best Superyacht Shipyards
The ABCs of Chartering a Yacht
Click here to read the full article.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MP Materials (MP) Rallies 23.5% W/W on Rosy Prospects
MP Materials (MP) Rallies 23.5% W/W on Rosy Prospects

Yahoo

time24 minutes ago

  • Yahoo

MP Materials (MP) Rallies 23.5% W/W on Rosy Prospects

MP Materials Corp. (NYSE:MP) is one of the . MP Materials surged by 23.5 percent week-on-week, ending Friday's trading at $37.74 versus the $30.55 apiece on June 13, as investor sentiment was buoyed by growth opportunities expectations amid the limited supply of rare earth minerals globally. In recent weeks, rare earths took center stage amid calls from automakers and semiconductor companies for China to loosen up rare earth exports, saying that it has significantly impacted production operations. Despite China's promise to ease up, experts feared that global supply cuts would continue to be an ever-present threat. MP Materials Corp. (NYSE:MP), on the other hand, could take advantage of the limited global supply, as industries look to other suppliers to support production operations. Heavy machinery at work in a mining facility, excavating the earth for rare earth minerals. MP Materials Corp. (NYSE:MP) is the only rare earths mining company in the US. During the peak of the US and China's trade war earlier this year, the company halted shipping operations to China to avoid hefty tariffs on its goods. While we acknowledge the potential of MP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Thames Water bonds plunge to record low as nationalisation threat grows
Thames Water bonds plunge to record low as nationalisation threat grows

Yahoo

time24 minutes ago

  • Yahoo

Thames Water bonds plunge to record low as nationalisation threat grows

Thames Water's bonds have crashed to a record low after the Environment Secretary said it was stepping up contingency plans for the struggling utility giant. The price of Thames Water's debt fell to as low as 67p on Friday, down from 70p at the start of the month, as investors took flight amid fears the Government could nationalise the business. The market reaction was prompted largely by comments from Steve Reed last Thursday, who said that ministers were preparing to put Thames Water into a taxpayer-backed special administration regime. He said: 'The company remains financially stable, but we've stepped up our preparations and stand ready for all eventualities, as I've said before, including a special administration regime if that were to become necessary.' Falling bond prices signal that investors are also now bracing for the nationalisation of Thames Water, which remains on the brink despite a £17bn rescue proposal put forward by more than 100 of its most senior lenders. Talks are still ongoing over the potential bailout, although uncertainty is mounting after Mr Reed suggested the Government will not waive fines for Thames Water, which is one of the creditors' key demands. Pressures have also intensified after US private equity giant, KKR, unexpectedly abandoned its bid for the business earlier this month. Analysis of Thames Water's finances shows that a £250m bond due to mature in 2034 has been one of the hardest hit by the sell-off. Now valued at 67p, this is down from more than 80p two years ago. Falling bond prices in Britain's biggest water company will be a source of concern for the Government, which is seeking to attract global infrastructure investors as part of its bid to boost growth. Utilities are often deemed a safe haven by funds, therefore, the prospect of lenders incurring steep losses on Thames will be likely to damage investor appetite. There are huge numbers of creditors currently exposed to Thames Water, which has racked up a £16bn debt pile over the past decade, including a raft of different bonds. A special administration regime (SAR) would wipe out the bulk of Thames Water's borrowings, although it would also leave the Government forced to foot the bill for its running costs. A previous report estimated that an SAR could cost the taxpayer up to £4.1bn, piling further strain on the Government's stretched balance sheet. A report from JP Morgan last week said: 'Putting Thames into a SAR would be costly for the government and weaken its already tight fiscal position. 'Also, if Thames Water were nationalised, the Government would inherit all of the company's operational issues and be on the hook for any underperformance.' As well as billions of pounds in running costs, the creditors have calculated that Thames faces more than £1bn in fines and penalties over the coming years. However, despite the financial threat posed to investors and taxpayers, there are growing calls for the Government to nationalise Thames Water. Professor Dieter Helm, an economist and former government adviser, said last week that 'special administration will in the end most likely be necessary, and before 2029'. 'The Government and Ofwat made a major mistake at the outset in not calling in a special administrator,' he said. 'The leading bondholders have little practice experience in running a utility like Thames, and none has previous experience of a long-term major turnaround. 'They will no doubt have opportunities to take the money and run. All of this is likely before the next election, something that the Government should have in mind.' Thames Water was contacted for comment. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Nobody hurt as car crashes into pizza restaurant
Nobody hurt as car crashes into pizza restaurant

Yahoo

time27 minutes ago

  • Yahoo

Nobody hurt as car crashes into pizza restaurant

Staff and diners have escaped injury after a car crashed into the side of a pizza restaurant. Emergency services were called to Pizza Is Lovely on Stokes Croft, close to the Cheltenham Road junction in Bristol, at about 16:45 BST after a black BMW was driven into a window in the building. The business was open at the time of the incident, but staff confirmed that nobody in the restaurant was injured. The driver has been taken to hospital, but their injuries are not believed to be serious. In a statement, Pizza Is Lovely said that they will have to close while repair work is carried out. Images from the scene show Stokes Croft closed with a large emergency services response at the scene. A partial road closure is in place heading inbound towards The Bearpit roundabout while recovery work is carried out, police said. Follow BBC Bristol on Facebook, X and Instagram. Send your story ideas to us on email or via WhatsApp on 0800 313 4630.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store