EFESO INSIGHT

Balancing Costs, Range, and Weight

Range extenders for electric vehicles: A technological comeback creating new growth opportunities

Costs for electric drive
systems reduced by 12%*
Expenditure on thermal
management systems reduced by 18%*
Costs for range extender
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. 

 

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CONTACT

Oliver Briegel

Oliver Briegel
Partner

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Torsten Malß

Torsten Malß
Senior Principal

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Manuel Strähle

Manuel Strähle
Senior Manager

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Further practical examples, industry figures and results from EFESO projects

Learn more: EFESO Insights