The New Value Equation
With rising gas prices, hybrid cars have become even more appealing, as they typically consume less fuel than pure combustion alternatives. One of the benchmarks in the U.S. is the Toyota Prius, which delivers an EPA-estimated 57 mpg. The catch is that the Prius already starts at nearly $30,000, which can be considered expensive, especially when some cars like the Toyota Corolla still cost under $25,000.
Over in China, however, Geely has just launched the Preface i-HEV, which notably delivers fuel economy of 3.98 liters per 100 kilometers, or about 59 mpg. According to Car News China, the hybrid model starts at just 107,700 yuan, translating to roughly $15,700 at current exchange rates. That makes it look like a very practical choice in today’s market, though it is worth noting that the figure is based on the WLTC standard, which typically returns more optimistic results than the EPA standard used in the U.S.
Geely
Betting Big on Hybrids
The strong fuel-efficiency figures come from Geely focusing on refining hybrid technology rather than doubling down on PHEVs or EVs. In fact, the Chinese automaker, which owns brands like Volvo and Lotus, holds a Guinness-verified thermal-efficiency rating of 48.4% with its new i-HEV hybrid powertrain.
The i-HEV features a 1.5-liter engine paired with an “11-in-1 hybrid-specific” electric motor, producing a combined 230 kW (308 horsepower). While its fuel-consumption rating is already a standout, especially now that gas prices have climbed past $4 per gallon, the Preface i-HEV can also run on electric power alone at speeds of up to 66 km/h (41 mph), which is said to be about 20% higher than what traditional hybrids typically manage.
Geely
Barriers at the Border
Now, despite more Americans showing a willingness to consider Chinese cars, as a study from AutoPacific found, these vehicles are unlikely to be available stateside. In response to Canada opening up to Chinese EVs under certain conditions, the United States has signaled that such vehicles will not be allowed to cross the border. Even Ford has said that their entry into the market would pose a threat.
While the Preface i-HEV and other Chinese cars are not expected to arrive anytime soon, several notably fuel-efficient hybrids are still available in the U.S. Among them are the Hyundai Elantra Hybrid and Toyota Camry Hybrid, which deliver EPA-rated fuel economy of 54 mpg and 51 mpg, respectively. What they still cannot match, however, is the same level of affordability.
Autohome via Car News China