Autoblog
China Went All-In on EVs — Now It’s Betting on Gas Again
Executive Summary
Summary: Chinese automakers Geely and Chery are investing heavily in advanced gasoline engine technology, achieving record thermal efficiency rates exceeding 48 percent. Despite dominating global EV markets, they’re positioning efficient hybrids for export to markets still reliant on combustion engines, pursuing a dual strategy of EV and ICE development.
Brands mentioned: Geely, Chery, Toyota, Zeekr, Lynk and Co, Volvo
Read the original at Autoblog
China Went All-In on EVs — Now It’s Betting on Gas Again
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