It could save an average of £110 a year — and cut their carbon footprint by 20%.

Will a new electric car really save you money factoring in electricity costs? Let’s run down the costs to see how much you could actually save.

With affordability in its latest offering, Toyota wants to eliminate the only advantage that Chinese automobile makers enjoy: competitive prices.

Japan is a world leader in automobile technology. Apart from Germany, no one can compete in the automobile sector. And if you need any evidence to corroborate this fact, you need to look no further than Toyota, a globally loved automobile brand that has produced some of the best cars to date. And now Toyota is looking to aggressively dominate the Chinese electric vehicles (EV) market with some affordable cars from next year.

Toyota to launch an all-electric small sedan in China:

Toyota Motor Corp. has made plans to launch an impressive, all-electric small sedan in China late next year. It will turn to local partner BYD for key technology and create an affordable yet spacious EV for the Chinese market.

Swiss tech company ABB has unveiled a new EV charging station that can rapidly power four electric vehicles at once — which could help make annoying wait times at stations a thing of the past.

The challenge: It typically takes less than five minutes to fill up a car’s tank at a gas station, and gas stations are everywhere in the U.S.

Depending on an EV’s battery and the type of EV charging station, it can take anywhere from 45 minutes to several hours to fully charge the car, and because charging stations are far less common than gas stations, drivers regularly have to wait for ports to open up.