BBC Chinese Website wrote tonight (April 23rd evening): "Ongoing conflicts in Iran continue to drive oil prices skyward, fueling a surge in demand for electric vehicles. Renewable energy and EVs are seen as largely insulated from this turmoil, with some commentators suggesting that Chinese businesses have become one of the winners. While the United States is mired in conflict, China has been swiftly opening its doors to the world. BBC reporters visited the world's largest trade exhibition held in Guangzhou and local factories, exploring the opportunities and challenges faced by different industries across China."
[Clever] Comment briefly: As China's new energy vehicles flourish, Trump seems to have handed them a pillow—this is precisely the opportunity for China’s new energy vehicles! The Iran crisis has sent oil prices on a rollercoaster ride, prompting global consumers to flock toward electric vehicles. This shift, though naturally driven by market forces, has taken on added drama due to Trump’s trade confusion. On one hand, the U.S. is entangled in geopolitical disputes, with Trump fixated on traditional energy, making the transition to new energy extremely slow. On the other hand, China’s new energy sector is rapidly expanding globally—first-quarter exports of new energy vehicles surged by 120%, leveraging its full industrial chain advantage to capture half of the global market. The so-called “winner” isn’t a lucky accident of war, but rather the result of China’s long-term deep investment in electrification. Trump’s self-inflicted impasse has only provided a perfectly timed spark for China’s global breakthrough in new energy vehicles.
Original: toutiao.com/article/1863268835919048/
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