Rodrigo Santos Andrade share

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

visibility comment0 event April 6, 2026 timer 05:37

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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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