China’s EV boom shields it from Iran war oil shocks #Reuters

China’s EV boom shields it from Iran war oil shocks
China’s rapid electric vehicle adoption helped cushion the country from oil price shocks after Iran closed the Strait of Hormuz, with the nation’s EV fleet now roughly equal in size to the rest of the world’s combined.

#News #Reuters #Newsfeed #china #evcar #electricvehicle #fuelcrisis

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