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Chinese EVs make inroads in developing countries, but charging networks lag

Source: apnews.com apnews.com
News Snapshot:

HONG KONG (AP) — The war in Iran has helped reshape the global electric vehicle market, giving Chinese automakers an opening across the developing world as soaring fuel prices push drivers towards electric vehicles, even as charging infrastructure lags behind a wave of imports.The blockade of the Strait of Hormuz disrupted shipping of about a fifth of the world’s crude oil and liquified natural gas, first hitting Asia — the main destination for the fuels — followed by Africa.This shock accelerated a trend that was already spreading across the developing world. In April, global exports of Chinese EVs hit a…

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