Plug-In Hybrid Electric Vehicles (PHEVs)

Plug-in Hybrid Electric Vehicles (PHEVs), including Extended-Range Electric Vehicles, are recognized as a viable solution in the automotive industry’s quest for low carbonization. Their adoption plays a pivotal role in expediting energy conservation and carbon reduction efforts, driving the transformation and sustainable development of the automotive sector in the short to medium term. Recently, the market demand for PHEVs has been rapidly increasing due to their capability to satisfy diverse consumer application scenarios and requirements.