"China's Electric Vehicle Boom: A Response to Global Tensions. Amidst the ongoing conflict in Ukraine and the subsequent surge in oil prices, China is accelerating its transition to electric vehicles (EVs). As global tensions escalate, particularly with Iran, China is diversifying its energy sources and reducing its reliance on fossil fuels. With oil prices reaching record highs, Chinese manufacturers are seizing the opportunity to expand their EV production, driven by growing demand and government incentives, marking a significant shift in the country's automotive sector."
Iran war drives Chinese shift to EVs as oil prices soar rudaw.net