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China’s 70% EV Target Deals Another Blow to Oil Demand | OilPrice.com
China is targeting a 70% share for new-energy passenger vehicles by 2030 as electrification and high fuel prices accelerate the decline in road-fuel demand.
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scmp.com
Over 65% of cars sold in China are now EVs as Iran war drives electric shift
China’s electric vehicle adoption rate has hit yet another record high, as rising fuel prices accelerate the pivot away from petrol cars.
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english.news.cn
China's NEV sales share hits record high as auto industry shifts to high-quality growth
China's NEV sales share hits record high as auto industry shifts to high-quality growth-
