Elon Musk
China’s dependency on oil is dropping fast
2 hours ago•Elon Musk•elonmusk
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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In September, combustion vehicles fell to 33% of China’s market, while battery-electric vehicles reached 47.3% and plug-in hybrids 19.7%. The chart adds that 58.1% of new cars registered in China in 2026 so far were electric, including battery-electric and plug-in hybrid vehicles.

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