Wild stats from China’s car market in Aug: ICE sales down 40% y/o/y; plug-ins 65% of sales. Reason given is partly high fuel costs #ThanksTrump!
The Chinese are running away from gas cars! Gas car sales plunge 40%! Plug-in hybrid car (combine battery and gas engine) sales fall 29% Only sales of fully electric autos grew in August. The end of the internal combustion engine nears in China. carnewschina.com/2026/09/08/g... #energysky