It took us 6 years to develop this hybrid and it marks the beginning of mass production of hybrid vehicles at our company today. ... We will donate 10 Jiexun hybrid vehicles to the Olympics Games next year. ... The volume production of Jiexun indicates that China has grasped core technologies of hybrid vehicles.
Jiexun-HEV is China's first local-brand hybrid vehicle, fuel economy is improved 20 percent (compared to the non-hybrid version) and it meets EU-IV emission standards. Hybrids have not been too popular in China because of the high price but Xu promises the price for the Jiexun-HEV will be sharply lower than the imports and the company will invest 300 million yuan ($40.7 million) into research and getting the car into production.
Changan has also said their hybrids would be available over seas. So, Jiexun-HEV could be on American streets soon. Are you ready for inexpensive, hybrid cars from China?