With the rapid expansion of the market for hybrid vehicles, the development of dedicated hybrid powertrain engines has become an important research direction. This study focuses on the techniques to improve the fuel economy of dedicated hybrid powertrain operating conditions of 2000 rpm, 110 Nm. Turbocharging can enhance the performance and fuel economy of gasoline engines while reducing emissions. However, intake boosting increases the pressure and temperature of the mixture in the cylinder at the compression end timing, leading to a higher risk of knock, which is not conducive to the safety and fuel consumption reduction of gasoline engines. Low-temperature combustion with mixture dilution can effectively reduce the occurrence of knock and NOx emissions. In this study, the effects of EGR and VVT strategies as different dilution methods on the combustion of turbocharged gasoline engines were investigated. The experimental results indicate that both EGR and VVT can achieve mixture dilution in the cylinder, reducing the combustion temperature and thus lowering NOx emissions. Furthermore, advancing the ignition timing results in CA50 trending towards the optimal fuel consumption point, shortening the combustion duration CA10–90, and reducing ISFC. Compared to VVT, EGR can better suppress knock, leading to an earlier ignition phase CA50, a shorter combustion duration, and ultimately less fuel consumption. The research findings provide technical support for the optimization of dedicated hybrid powertrain operating conditions.