The New Value EquationWith 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 …
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Author: Rex Sanchez
