This article is kind of weird. The push for 48 volt is mostly about secondary systems that need a lot of power and doesn't have much to do with "mild electric" or whatever it is implying. The 21 HP direct boost mentioned in the article is going to be for performance rather than running on electric, the vehicle comes with a 1 Kw-h battery (~5 minutes at full output).
Of course it's all about saving a few dollars on copper.