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China's EVs are fueling a big oil demand slowdown

africa.businessinsider.com China's EVs are fueling a big oil demand slowdown

Oil demand in China has slowed markedly this year amid the countrys shift to electric vehicles and natural gas, Goldman Sachs analysts said

China's EVs are fueling a big oil demand slowdown
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  • I need a car because I live in a semi-rural area outside city limits the nearest public transportation would be a 2-mile walk including crossing a four-lane highway. I'm under no illusions that driving an EV will solve climate change, but boy would I like to never have to fill my car up in the middle of an Indiana February again.

67 comments