China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
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Bloomberg - Are you a robot?
2 comments
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
Bloomberg - Are you a robot?
China is far from perfect but here they could produce the data that shows the rest of the world how the mobility transition could be done.
The data is that China spent a lot of money on developing the industries needed for electric vehicles. If you're a developing country trying to build out your own infrastructure, it is probably going to be cheaper to buy Chinese to fill gaps that the local economy can't fill.