Summary
- PHEVs are still relevant in certain niches where BEVs may not meet users’ needs
- Chinese automakers are introducing new-generation PHEVs with larger battery packs and electric ranges of about 200 km
- Models like the Lynk & Co 900 and GWM Tank 500 PHEVs are showcasing advancements in PHEV technology
- PHEVs with long electric ranges could be useful in countries with undeveloped charging infrastructure, especially for government and corporate fleets
- Increased availability of used PHEVs could lead to more people transitioning to fully electric vehicles as battery technology improves.
Article
Plugin hybrid electric vehicles (PHEVs) have always sparked debate among consumers, with some arguing that they are no longer necessary with the advancements in battery electric vehicle (BEV) technology. However, Dr. Maximilian Holland believes that PHEVs still play a crucial role in certain niches where BEVs may not fully meet users’ needs. PHEVs, when plugged in as intended, produce significantly lower emissions compared to traditional hybrid electric vehicles (HEVs) and diesel vehicles. For markets with underdeveloped charging infrastructure, PHEVs with electric ranges of 200–300 km could be appealing to non-early adopters.
Chinese automakers have been at the forefront of a new wave of next-generation PHEVs, with larger battery packs of over 50 kWh and electric ranges of around 200 km. The Lynk & Co 900 is a notable example of this trend, featuring a 50 kWh battery and impressive performance specifications. Another interesting PHEV showcased in China is the GWM Tank 500, which boasts a 59.05 kWh battery pack and a combined range of over 700 km. These vehicles are equipped with powerful electric motors and have the potential to attract international markets looking for a smooth transition to plug-in vehicles.
The introduction of PHEVs like the Lynk & Co 900 and GWM Tank 500 could serve as a soft landing for plug-in vehicles in countries with emerging electric mobility markets. These vehicles, particularly plug-in hybrid SUVs with ranges of around 200 km in electric mode, could meet the needs of government and corporate fleets in developing countries where charging infrastructure is limited. By offering a “safety net” with the gasoline engine as backup, these PHEVs could encourage fleet operators to begin their electrification journey and eventually shift towards fully electric vehicles.
The versatility of these PHEVs, which combine electric drive capabilities with off-roading capabilities similar to traditional ICE models, makes them appealing to key stakeholders like governments, NGOs, and corporate fleets. With urban daily commute distances typically falling within the electric range of these vehicles, users can enjoy electric driving for most of their trips, reducing overall fuel consumption. As fleet operators install charging stations at their facilities, a growing charging network could stimulate further adoption of electric vehicles and the development of pro-EV policies across regions.
As PHEVs like the Lynk & Co 900 and GWM Tank 500 enter the market and eventually make their way to the used vehicle market, they will increase the availability of electrified vehicles at more affordable price points. This could drive a shift towards fully electric vehicles as consumers become more familiar with the benefits of electric drive technology. With ongoing improvements in battery technology and falling battery prices, the future of electric mobility looks promising, with a wider range of fully electric vehicles with extended ranges and an expanded charging infrastructure to support them.
In conclusion, PHEVs had a successful year in China in 2024, raising the question of whether these vehicles will regain popularity as a transitional option towards fully electric vehicles globally. The introduction of PHEVs with larger battery capacities and extended electric ranges could pave the way for a smoother transition to electric mobility in markets where charging infrastructure is still developing. By offering a blend of electric drive and gasoline backup, these PHEVs could serve as a stepping stone towards wider adoption of electric vehicles and the establishment of a robust charging network worldwide.
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