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Hyundai Bets Big On Extended-Range Electric Vehicles
EREV — it means extended-range electric vehicle and it has become a core vehicle category in China due to policy changes in the country in recent years.
AI Summary
Hyundai is focusing on extended‑range electric vehicles (EREVs), a segment that has become central in China after recent policy shifts. EREVs combine a conventional combustion engine with a small electric motor and modest battery, allowing longer driving ranges while retaining electric capability. The company’s strategy targets this growing Chinese market where the vehicle type has gained prominence.
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