Mindofown
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China’s incredible growth in solar power and electric vehicles will greatly reduce its dependence on oil & gas
Simon Evans@DrSimEvans
⚡️🚘BREAKING: For the first time ever, more than half of cars sold in China last month were electric New-energy vehicles, including EVs and PHEVs, reached a record-high 51.1% of retail sales in July, according to data from the China Passenger Car Association EVs are already noticably trimming China's oil demand: Just the increase in EVs on the road since last year shaved ~4% off transport fuel demand: carbonbrief.org/analysis-china…
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