China's EV Shift May Shield Economy from Energy Crisis
With global crude prices rising, China, where over half of new car sales are electric, may mitigate the impact of energy market volatility. This trend suggests a significant shift in the global automotive landscape.
As crude prices hover around the $110 per barrel mark on Monday morning, consumers worldwide are feeling the impact of the war in Iran and the closure of the Hormuz Strait when they head to the petrol pump. In China, where more than half of new car sales are for electric vehicles, that impact may be less pronounced, as France 24βs Bryan Quinn explains in his report. Also in this edition, "Super Mario Galaxy Movie" has achieved the best opening release of the year so far.