BYD, the Chinese vehicle company that has surpassed Tesla as the best-selling EV maker on several occasions, is making plug-in hybrid electric vehicles (PHEVs) a major part of its new energy vehicle strategy. Although the Shenzhen, China-based company is now known as one of the largest battery electric vehicle (BEV) companies in the world, BYD’s first foray into new energy vehicles was a plug-in hybrid electric vehicle, the BYD F3DM, launched in 2008 as the first mass-produced PHEV in the world.
As market conditions continue to evolve, all eyes will be on entities like Mullen Automotive Inc. (NASDAQ: MULN) to assess how they tweak their strategies to…
NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN
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