BMW iX3 crowned World Car of the Year 2026 as EVs lead the way
The BMW iX3 has been named World Car of the Year 2026, with the announcement made at the New York International Auto Show on 1 April.
- Industry News
- 2 April 2026
US President Joe Biden travelled to Philadelphia last week to announce the recipients of R132 billion in federal grants across 16 states for the development of seven regional hydrogen hubs, advancing a key part of a plan to decarbonise the US economy.
The announcement of the funding to boost manufacturing and blue-collar jobs was held in Pennsylvania – a state that could determine the 2024 presidential election – underscoring the power Biden wields as he spends the upcoming months doling out money flowing from his landmark pieces of legislation that remain largely unknown to large swaths of the American public.
The seven proposed hubs involving companies ranging from Exxon Mobil to Amazon were selected, with their projects spanning 16 states from Pennsylvania to California.
The programme is intended to jump-start the production of "clean hydrogen" along with the infrastructure needed to get it to industrial users like steelmakers and cement plants.
"I'm here to announce one of the largest advanced manufacturing investments in the history of this nation," Biden said. "He noted that the total investment will reach R948 billion when taking into account additional investments from private companies.
Some 79 proposals had initially applied for the money.
Hydrogen is produced by electrolysing water, and the fuel can be considered clean – or low-emission – if it is produced using renewable energy, nuclear energy or natural gas with carbon-capture technology included.
Biden's administration has set a target to increase clean hydrogen output to 10 million metric tons by 2030, and 50 million by 2050, up fivefold from today – and considers the fuel an ideal option for cutting emissions from tough-to-decarbonise industrial users like steel and cement.
Industry representatives have expressed concerns about the economics of rapid development, however, citing high interest rates, inflation and uncertainty around permitting and access to additional federal subsidies.
While rising fuel prices often trigger spikes in interest around electric vehicles, Volvo Car South Africa believes the real reasons South Africans are starting to consider EVs go far beyond the petrol pump.
MG has opened a new engineering centre in Frankfurt as part of its “in Europe, for Europe” approach. The facility will focus on developing vehicles suited to European conditions, including climate, roads and driving habits. It will work alongside existing teams in the United Kingdom (UK) and London design hub.
Europe’s used electric vehicle (EV) market is experiencing a notable surge as the Iran conflict drives up global oil prices and pushes petrol costs sharply higher across the continent.