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During a telephone conference after the release of the Q2 financial report, Li Xiang, the founder and chairman of Chinese EV maker Li Auto, said that in the next five years, the extended-range scheme is still the best solution for SUV models.
Henry Xia, President and Co-founder of Chinese electric vehicle maker XPeng, denied rumors on November 6 that the company may be considering adopting an extended-range power system in the future.
On October 10, Shanghai authorities issued a new policy regarding new energy vehicles. From January 1, 2023, consumers who buy plug-in hybrid vehicles (including extended-range models) will no longer enjoy the benefits of free license plates.