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Home›Global Markets›Trade & Tariffs›High gasoline prices are boosting China EV exports

High gasoline prices are boosting China EV exports

Reported · Written up by our desk · Trade & Tariffs

War is helping China’s electric-vehicle makers gain momentum in global auto markets, according to a WSJ Markets analysis.

The outlet links the shift to persistently high gasoline prices, arguing that motorists facing higher fuel costs are more receptive to EV options and that this is supporting China’s EV export push.

Latest closeGasoline (RBOB) $2.703 ▼4.8%

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Sources

WSJ MarketsWar Is Helping Chinese EVs Upend the Global Car Market

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