Brands like BYD and their “cheap Chinese EVs” have dominated the news cycle as of late. For good reason, too. Chinese companies are offering affordable, attractive EVs at quicker development cycles than Western manufacturers. The rest of the world has been put on notice. However, China’s impressive EV segment is only part of the story. Plug-in hybrids (or extended-range EVs, depending on the model) are also a huge and important segment in China.
