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Chinese automakers embrace extended-range electric vehicles to meet consumer demand
The demand for Extended-Range Electric Vehicles (EREVs) is surging in China, with sales jumping 173% last year as consumers seek affordable options with longer ranges amid inadequate charging infrastructure. Major automakers, including Zeekr and Avatr Technology, are now pivoting to develop EREVs, reflecting a significant shift in the market. As the industry evolves, plug-in hybrids are expected to maintain strong sales for the next few years, while fully electric vehicles remain the long-term goal.