China’s Xpeng bets on extended-range hybrid tech to boost sales
SHANGHAI (Reuters) – Xpeng unveiled its extended-range hybrid technology on Wednesday, as the Chinese electric vehicle maker bets on a pivot to such products that are more cost-competitive than pure EVs to boost sales and improve profitability. Its “Kunpeng Super Electric System” enables a car to drive more than 1,400 kilometres with an internal combustion…