Shift: A podcast about mobility
Greg McGuire explores Mcity’s next chapter
Apr 14, 2024
Greg McGuire, managing director of a connected-and-autonomous vehicle test track, discusses MCity's transformation into a makerspace for mobility innovation. Topics include the rise of hybrid vehicles in the automotive industry, China's lead in the hydrogen market, and MCity's role in shaping the future of transportation with AI and innovation.
51:55
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Quick takeaways
- Automakers are increasingly focusing on hybrid vehicles as a greener alternative to fully electric ones due to more seamless consumer adoption.
- China's aggressive investments in hydrogen technology infrastructure highlight their commitment to advancing alternative fuel technologies.
Deep dives
EV Sales Growth Slowdown
Electric vehicle sales growth slowed significantly in the first quarter, growing only 2.6% year over year compared to 46% growth in the previous year. This slowdown is despite ongoing incentives to boost EV sales. Hybrid vehicle sales saw an increase with brands like Toyota, Honda, Ford, and Hyundai showing growth in their hybrid and EV sales.
