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Chinese EV stocks jump on surging exports, domestic demand hopes
Summary by South China Morning Post
2 Articles
2 Articles
Chinese EV exports jump 124% amid energy crunch
Chinese EV exports jumped by 124% in the first quarter of the year, and analysts forecast that the war in the Middle East could further boost their fortunes as gasoline prices soar globally. While much of East Asia has been roiled by higher oil prices, China’s rollout of green energy — along with its enormous stockpiles of crude — has allowed it to weather the crunch. And with countries rushing to invest in renewable energy as they vie for energ…
·New York, United States
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Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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