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BYD Expands to Make PHEVs in Addition to EVs

July 24, 2025 at 10:05 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

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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