The chief executive officer of the South Korean automaker said that hybrid vehicles are experiencing strong growth and are surpassing electric vehicles, even if only for now.
Electric powertrains comprise three main components: the motor, reducer, and inverter, each with distinct functions that operate in synchronized coordination.
In October, the entire industry sold over 63,500 vehicles, the highest level since the beginning of the year, with VinFast alone capturing 32% market share, dominating Toyota and Hyundai.