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Middle East war: Oil crisis from US-Iran war could boost China’s EV makers as fuel prices surge, says report

https://www.livemint.com/news/world/middle-east-war-oil-crisis-from-us-iran-war-could-boost-china-s-ev-makers-as-fuel-prices-surge-report-11774441838535.html
Middle East war: Beijing’s shift to renewable energy and electric vehicles has reduced its oil consumption by at least 10%. The ongoing Middle East conflict may further benefit China’s EV industry, as higher oil prices drive global expansion, particularly in Asia…

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