Electric vehicles (“EV”) may be a relatively new technology, but EVs are poised to take over the transportation sector over the next couple of decades. With a large section of the world hell-bent on reducing emissions from the transportation sector, we are looking at a future where a large chunk of the cars on the road are zero-emission EVs. For the past decade or so, Tesla has been the most dominant EV maker in the game, proving that it’s possible to develop and mass produce electric cars, and selling more EVs than any other company.
However, Tesla may not be able to hold its top position for longer. Aside from other startups such as Mullen Technologies Inc. (NASDAQ: MULN) that also plan on developing EVs for the market, established automakers are going all-in on electrification. And unlike the startups, automakers…
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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