High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind
In April, global exports of Chinese EVs hit a record $9.4 billion, according to an analysis by think tank Ember of Chinese customs data. Shipments surged to countries such as Australia, Brazil and regions like Southeast Asia and East Africa.
In Southeast Asia, imports of Chinese EVs have surged in Thailand, Laos and the Philippines. In May, Laos banned the import of fuel-powered vehicles for the rest of 2026 to cut oil import costs and encourage the EV shift.
One in four new cars sold worldwide last year were electric, according to the International Energy Agency.
That moment when Ethiopia and Laos are much braver than rich Canada towards EVs.
British Columbians: waaaah evs only vehicle sales in 2040 is unrealistic!
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...but how will our donors guarantee their rents?
...if we bring in a competitor our established rent seekers will be forced to actually compete instead of just merging into a duolopoly...
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Overpriced networks and hoas forbidding tenants to charge in apartment complexes is also why it hasn't really taken off in usa.