Oil Price Shock Drives 140% Surge in China's EV Exports to Record High
Oil Price Shock Drives 140% Surge in China's EV Exports to Record High
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Oil Price Shock Drives 140% Surge in China's EV Exports to Record High | OilPrice.com
China's EV exports hit a record 349,000 units in March, up 140%, as $100 oil sparked a global rush toward electric vehicles.
BYD, China's biggest EV manufacturer and top exporter, has said that the average wait time for its top-selling Sealion 7 and Atto 2 models has blown out to between two and three months, up from two to three weeks.