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Chinese technology companies are paving the way for a world that will be powered by electric motors rather than gas-guzzling engines. It is a decisively 21st-century approach not just to solve its own energy problems, but also to sell batteries and other electric products to everyone else. Canada is its newest buyer of EVs; in a rebuke of Mr. Trump, its prime minister, Mark Carney, lowered tariffs on the cars as part of a new trade deal.
Though Americans have been slow to embrace electric vehicles, Chinese households have learned to love them. In 2025, 54 percent of new cars sold in China were either battery-powered or plug-in hybrids. That is a big reason that the country’s oil consumption is on track to peak in 2027, according to forecasts from the International Energy Agency. And Chinese E.V makers are setting records — whether it’s BYD’s sales (besting Tesla by battery-powered vehicles sold for the first time last year) or Xiaomi’s speed (its cars are setting records at major racetracks like Nürburgring in Germany).


That’s the one. They’re run by absolute pieces of corporate shit, but they do still seem to recognize the market driven writing on the wall.
The pool in Europe is a lot shallower, especially in the wake of the Russia/Ukraine war. They don’t have the same access to cheap fossil fuels that the US enjoys, so they’re being forced to pivot to EVs entirely due to their regional limitations. They’re also competing internationally in a market with a growing Global South demand. Many of these countries are undergoing electrification far faster than they’re seeing a petrochemical expansion, in no small part thanks to the high installation costs of pipelines and processing plants relative to electric grids and renewables generation.
The entire EU economy has stalled out with the war. But they’ve seen a double-digit upswing in EV sales in Latin America, Africa, and the Pacific Rim.