The just-concluded Shanghai Auto Show 2025 showcased China’s incredible advancements in battery electric vehicle technology. While most governments in the West have been relatively slow to adopt EVs, Beijing began pumping tens of billions of dollars in subsidies into the domestic electric vehicle sector well over a decade ago, giving its industry a major head start over carmakers in other markets.
Unless the U.S. ramps up support for its EV sector, it risks falling further behind China, an outcome that could reshape the global auto market and future of clean transportation leadership. Companies like Mullen Automotive Inc. (NASDAQ: MULN) have their work cut out 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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