Balancing Costs, Range, and Weight
Range extenders for electric vehicles: A technological comeback creating new growth opportunities
systems reduced by 12%*
management systems reduced by 18%*
modules reduced by 22%*
*Average result from EFESO projects
While sales of purely electric vehicles (BEVs – battery electric vehicles) are stagnating in the EU and US markets, REEVs (range-extended electric vehicles) are emerging as a bridge technology. REEVs primarily operate on electricity using a battery and electric motor but also feature a small combustion engine that charges the battery while driving.
China's automotive industry is driving the rapid adoption of REEVs with high volumes and speed, and the US is showing increasing market interest — opening the door for scaling potential and opportunities for the European industry to regain or expand its market share. Alongside the advancement of new battery technologies and charging infrastructures, REEVs are likely to position themselves as a flexible and valuable addition to the industry's Product portfolio.
Our EFESO Insight provides a concise overview of the growth potential of this drive variant and highlights the key differences and advantages of REEVs over BEVs. In addition, key figures from our REEV projects illustrate the cost savings that can be achieved.