Volkswagen is on track for its smallest year of China sales since 2012, according to CNBC analysis of public data for the first three quarters of the year.
China knows that dependency on oil tankers that must traverse many U.S. chokepoints are not good for them, so they support the battery and EV industries. It’s smart.
By mid-century countries least dependent on fossil fuels will have a significant edge.
China knows that dependency on oil tankers that must traverse many U.S. chokepoints are not good for them, so they support the battery and EV industries. It’s smart.
By mid-century countries least dependent on fossil fuels will have a significant edge.
Significant edge is a vast understatement in my opinion.