Homogeneous charge compression ignition (HCCI) technology is a novel approach in internal combustion engines that combines the efficiency of gasoline engines with the spontaneous ignition characteristics of diesel engines. HCCI engines offer cleaner emissions, reduced noise, and wider fuel adaptability, overcoming many drawbacks of traditional engines. The paper explores the HCCI combustion process, highlighting its unique features and advantages over spark ignition (SI) and compression ignition (CI) engines. It also discusses innovations in HCCI technology, including its combination with other strategies like spark-controlled compression ignition (SCCI) and low-temperature combustion (LTC) to expand its load range. The challenges of HCCI technology, especially in combustion timing control, are addressed, along with suggestions for future research directions. The application of HCCI technology for energy savings and emission reduction and its impact on the automotive industry are also discussed, citing examples from manufacturers like Volvo, Nissan, and General Motors. The paper concludes by emphasizing the importance of ongoing research, integration with other technologies, and financial support to further advance HCCI technology and its market potential.