“At Sany, one of China’s top producers of electric trucks, executives…pointed to a more than 70 per cent year-on-year increase in industry-wide sales since the war started…

“We have to thank Trump. He created an opportunity for us,” Huang Tie, deputy general manager of the group’s truck manufacturing unit, told the FT.”

https://www.ft.com/content/12d0d1e4-d08c-4014-8a8a-b4b4f7044fcf?shareType=nongift&syn-25a6b1a6=1

#EV #BEV #Transport #EnergyCrisis #IranWar #Hormuz #Energy #Climate #China #Trade #Industry

Trump’s Iran war has propelled China’s cleantech industry

Disruption to global energy supplies sparks surge in demand for alternatives

Financial Times