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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":691,"relatedVideos":692},167902268839189,"1c2cc548-2275-47bb-a337-77c61fbdf56a","Range extended electric vehicles to play an increasing role in Europe and the US after significant China growth","range-extended-electric-vehicles-reevs-to-play-an-increasing-role-in-europe-and-the-usa-after-significant-china-growth","article/range-extended-electric-vehicles-reevs-to-play-an-increasing-role-in-europe-and-the-usa-after-significant-china-growth",{"_uid":547,"date":548,"tags":549,"editor":562,"content":572,"excerpt":662,"featured":51,"reporter":663,"component":674,"seo_title":675,"categories":676,"visibility":680,"data_vis_image":681,"featured_image":684,"seo_description":688,"formattedDate":689,"formattedArticleDate":690},"b5d8c731-3183-423b-b023-a24c5c44bb30","2026-04-20 00:00",[550,553,556,559],{"slug":551,"name":552},"reev","REEV",{"slug":554,"name":555},"china","China",{"slug":557,"name":558},"usa","USA",{"slug":560,"name":561},"europe","Europe",[563],{"slug":564,"name":565,"content":566},"benjamin-roche","Benjamin Roche",{"job_title":567,"image":568,"bio":570,"linkedin":571},"Editor – Energy Transition Supply Chains",{"filename":569},"https://a.storyblok.com/f/287943243085208/800x800/66d6674fb8/benjamin-roche.png","Benjamin is Benchmark's Editor for Energy Transition Supply Chains, covering both upstream products like critical minerals and downstream products including energy storage systems and electric vehicles. He has previous experience covering trade flows, tariffs and the effects of geopolitics on supply chains.","https://www.linkedin.com/in/benjaminrochecontent/",{"type":573,"content":574},"doc",[575,587,595,605,610,615,620,627,632,637,642,647,652,657],{"type":576,"attrs":577,"content":578},"paragraph",{"textAlign":49},[579],{"text":580,"type":581,"marks":582},"The share of range extended electric vehicles (REEV) share in China’s EV market sales has risen from nothing in 2019 to over 12% in the first two months of 2026.","text",[583],{"type":584,"attrs":585},"textStyle",{"color":586},"",{"type":576,"attrs":588,"content":589},{"textAlign":49},[590],{"text":591,"type":581,"marks":592},"This growth has been supported by investment into model development, resulting in over 40 models now being available in China. In Europe and the USA, the powertrain remains a largely unexplored technology, with just six models ever being released by a non-Chinese brand and an EV market share of less than 0.5% in both markets.",[593],{"type":584,"attrs":594},{"color":586},{"type":596,"attrs":597},"blok",{"id":598,"body":599},"2734780b-f495-4809-ae02-2d8ebadab2d2",[600],{"id":601,"_uid":602,"type":603,"component":604,"fixed_height":586,"use_fixed_height":50,"fixed_height_mobile":586,"fixed_height_tablet":586},"28577100","i-105a3b35-1e65-49c1-a039-777521961f78","visualisation","ContentFlourish",{"type":576,"attrs":606,"content":607},{"textAlign":49},[608],{"text":609,"type":581},"However, the tide for REEVs in both Europe and the US is beginning to turn, each for different reasons. European development will aid local vehicle manufacturers in meeting their EU tailpipe emission reduction targets, given the recent softening of those targets. ",{"type":576,"attrs":611,"content":612},{"textAlign":49},[613],{"text":614,"type":581},"In the US, meanwhile, the powertrain will enable consumers to have a choice within electrified model line-ups without the same range of constraints as an all-electric alternative. This makes it well-suited to a US market that has witnessed several major BEV investment pull-backs by OEMs in recent years.",{"type":576,"attrs":616,"content":617},{"textAlign":49},[618],{"text":619,"type":581},"Much like PHEVs, REEVs have both an internal combustion engine (ICE) and battery pack. Unlike PHEVs, where the ICE can directly power the vehicle’s wheels, a REEV’s ICE acts as a generator for the battery and cannot power the vehicle directly. Instead, only the battery is able to power the vehicle’s drive. With REEVs designed to function as a BEV, the battery packs are typically larger than a PHEV equivalent, while its combined range is significantly larger than a BEV given its ability to recharge the battery on the go. ",{"type":621,"attrs":622,"content":624},"heading",{"level":623,"textAlign":49},1,[625],{"text":626,"type":581},"High regulatory attractiveness for REEVs in Europe",{"type":576,"attrs":628,"content":629},{"textAlign":49},[630],{"text":631,"type":581},"The EU’s tailpipe emission standards allow carmakers to comply with a 90% CO2 reduction target, with the remaining 10% compensated through various approved mechanisms, enabling the production of PHEVs, REEVs, HEVs and ICE vehicles to continue. An increase in BEV production is required to meet the target regardless. That increase must be more significant to offset meaningful ICE/HEV sales, whereas PHEVs and REEVs offer greater compliance flexibility when balanced alongside BEVs.",{"type":576,"attrs":633,"content":634},{"textAlign":49},[635],{"text":636,"type":581},"PHEVs saw their CO2 values increase in 2025, with further adjustments scheduled for 2027 after real-world emissions testing revealed PHEVs emit significantly more CO2 than previously tested in laboratory conditions. REEVs are a potential mitigation strategy considering the reduced regulatory attractiveness of PHEVs for vehicle manufacturers in Europe as they typically feature larger battery packs and deliver lower certified CO2 values. In March 2026, Renault Group became the first carmaker to commit to mass segment REEVs in Europe with its new modular EV platform, RG EV medium2.0. ",{"type":621,"attrs":638,"content":639},{"level":623,"textAlign":49},[640],{"text":641,"type":581},"REEVs will provide US consumers with greater flexibility",{"type":576,"attrs":643,"content":644},{"textAlign":49},[645],{"text":646,"type":581},"In light of the abolition of federal tax credits supporting EV adoption in September 2025 and the reduction of CAFE standards’ fines to zero, North American vehicle manufacturers have significantly readjusted their electrification strategies. Much of this has involved financial write-offs as they cancel future EV models and reduce EV production. However, some of this strategy shift has involved a pivot towards REEVs. The all-electric Ford F-150 is being replaced by a REEV option, Ram opted to launch a REEV pickup truck as it cancelled the development of an all-electric version, and VW Group’s Scout will prioritise the launch of its REEV models over the all-electric versions. ",{"type":576,"attrs":648,"content":649},{"textAlign":49},[650],{"text":651,"type":581},"BEV development in the US has so far focused on large SUVs and pickup trucks. However, striking the balance between range and vehicle price, given the use of expensive and large high-nickel battery packs, has been a challenge. Amid weaker incentives for both consumers and vehicle manufacturers to electrify, the launch of REEVs in the US market provides greater flexibility to consumers. It provides them with an electrified option that better suits their range requirements. ",{"type":621,"attrs":653,"content":654},{"level":623,"textAlign":49},[655],{"text":656,"type":581},"The economics of REEVs remain uncertain",{"type":576,"attrs":658,"content":659},{"textAlign":49},[660],{"text":661,"type":581},"With BEV pricing in both Europe and the US a barrier to adoption, ensuring REEVs are competitively priced relative to their ICE vehicle counterparts will be important in ensuring significant adoption. A challenge made harder by the need to fit both an ICE and reasonably large battery pack within the vehicle. In China, models available as both a BEV and REEV are typically priced very similarly. The launch of REEVs may not provide the move towards affordably that the EV markets in both Europe and the US require, but they will provide consumers with flexibility and they will ease the reliance on BEV adoption to meet the EU’s emission standards.","The share of range extended electric vehicles (REEV) share in China’s EV market sales has risen from nothing in 2019 to over 12% in the first two months of 2026. \n\nThis growth has been supported by investment into model development, resulting in over 40 models now being available in China. In Europe and the US, the powertrain remains a largely unexplored technology, with just six models ever being released by a non-Chinese brand and an EV market share of less than 0.5% in both markets.\n",[664],{"slug":665,"name":666,"content":667},"george-whitcombe","George Whitcombe",{"job_title":668,"image":669,"bio":671,"linkedin":672,"markets_covered":673},"Analyst - EV",{"filename":670},"https://a.storyblok.com/f/287943243085208/500x500/e5fa44ebf8/george-whitecombe.jpeg","George is an EV Analyst at Rho Motion, working in the EV & Battery research team. He works extensively on global EV sales and production analysis, considering the economic and legislative factors that influence both. He also focuses on the strategy of automotive OEMs in the transition to EVs and feeds that into the team’s view on global vehicle markets. George graduated from the University of Exeter with a First Class Honours degree in Politics, Philosophy and Economics.","https://www.linkedin.com/in/george-whitcombe-2320111b6/","EV and Battery","article","REEV growth likely in West following significant China inroads",[677],{"slug":678,"name":679},"ev","EV","private",{"id":49,"alt":49,"name":586,"focus":49,"title":49,"source":49,"filename":586,"copyright":49,"fieldtype":682,"meta_data":683},"asset",{},{"id":685,"alt":586,"name":586,"focus":586,"title":586,"source":586,"filename":686,"copyright":586,"fieldtype":682,"meta_data":687,"is_external_url":50},107126668678844,"https://a.storyblok.com/f/287943243085208/x/d7717f37eb/chinas-miit-introduces-tougher-rules-for-evs-from-2026.avif",{},"The share of range extended electric vehicles (REEV) share in China’s EV market sales has risen from nothing in 2019 to over 12% in the first two months of 2026. This growth has been supported by investment into model development.","Apr 20, 2026","20th April 2026",[],[],1781280237890]