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High Gasoline Prices, Fueled by Middle East Crisis, Boost China's EV Exports and Reshape Global Car Market
High Gasoline Prices, Fueled by Middle East Crisis, Boost China's EV Exports and Reshape Global Car Market. Chinese electric-vehicle makers, facing a glut of EVs and weak domestic demand earlier this year, are leveraging the high gasoline prices resulting from the Middle East crisis to export their excess supply, prompting more drivers overseas to buy EVs and impacting traditional carmakers' market share.
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Source：WSJ市场 · Source Link
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