Posted inBeijingChina

Carmakers betting on plug-in hybrid electric vehicles

The massive entry of joint venture brands has shifted the competition in the new energy vehicle market from the pure electric vehicle to the plug-in hybrid electric vehicle (PHEV), Yicai.com reported. Ford has rolled out its first new energy car, which is a PHEV, for the Chinese market. Meanwhile, Buick earlier launched its pure electric vehicle, the […]