China Just Killed The PHEV As We Know It And Western Luxury Brands Are Paying The Price
Source ↗
👁 0
💬 0
China’s tougher new tax rules favor plug-in hybrids with much longer ranges.
European luxury brands have pulled back from China’s shrinking PHEV market.
Local automakers now dominate with batteries big enough for weekly charging.
For years, plug-in hybrids were sold as the perfect compromise, with a heavy emphasis on that last word. A little electric driving to get you through a day’s commute, plenty of gasoline backup for longer trips, and in many countries some ma
European luxury brands have pulled back from China’s shrinking PHEV market.
Local automakers now dominate with batteries big enough for weekly charging.
For years, plug-in hybrids were sold as the perfect compromise, with a heavy emphasis on that last word. A little electric driving to get you through a day’s commute, plenty of gasoline backup for longer trips, and in many countries some ma
Comments (0)