ONVO Exec Criticizes Extended-Range Electric Vehicles
Shen Fei, the president of ONVO, a family-oriented sub-brand under NIO, has slammed extended-range electric vehicles (EREVs) during an interview with The Paper. He argues that EREVs are wasteful and costly compared to fully-electric models.Key TakeawaysONVO's president Shen Fei criticizes extended-range electric vehicles for being resource-intensive.The extra battery space reduces interior room, impacting family usability.Add-on costs of range extenders increase both manufacturer and consumer expenses.Shen Fei believes that EREVs are inefficient due to the added complexity of maintaining two power systems. He points out that they take up valuable storage space inside cars designed for families, making it less practical than fully electric models.The costs associated with range extenders ca...