China weaning itself off oil as drivers turn to electric cars

By Yahoo! Finance   |   1 week ago
China weaning itself off oil as drivers turn to electric cars

China's rapid adoption of electric vehicles will lead to a significant decrease in oil demand by 2030. The International Energy Agency predicts that China will transition away from oil faster than other regions due to successful EV policies. This shift will reduce global oil consumption by 5.

Read More

Did you find this insightful?