autonews.com claims that Chery is planning to introduce a hybrid version of its medium sized A5 sedan to Chinese buyers in October this year. Aggressive pricing, expected to be around one third of the price of the Toyota Prius which starts at 260,000 yuan in China, will introduce value buyers to hybrid technology.
Co-developed with leading automotive supplier Ricardo, the A5 will use a conventional petrol engine mated to a battery powered electric motor to power the car at low speeds. Fuel economy is believed to be 15% better than the standard petrol engined A5.
A number of the hybrid vehicles were being tested during the recent Beijing Olympic Games.
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