Automakers rush to meet surging China demand for long-range hybrids [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
SHANGHAI (Reuters) -Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market. Unlike many other major markets, China treats EVs and hybrids as one "new energy vehicle" sector where brands are competing to give consumers an array of electrified options with longer driving ranges. At the Shanghai auto show this week, for instance, Geely unit Zeekr unveiled the 9X - a large plug-in hybrid SUV that can travel on electric power alone for 400 km (249 miles) before its gasoline engine kicks in. That range is nearly as long as many fully electric vehicles and far longer than typical plug-in hybrids in the United States, Europe and other markets. Chinese automakers have also developed a thriving business in so-called extended-range electric vehicles (EREVs), which have small petrol engines that serve only as a generator to extend the range of their large batteries. Both EREVs and plug-in hybrids
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