RE:RE:Re RenewablesHi Dandu,
Not sure if you ever travelled to China but here is the jist. They have no large oil and gas deposits and require imports to supplement what they have. That places a negative on their trade equation. They also have a large segment of the popuation entering the middle class and buying cars. So having EV vehicules makes a lot os sense for them. They do have largge coal deposits which they can generate into energy needed to power the gris neceassry to charge the vehicules. The coal they need is also supplemented by Canada and Australia (see TECK).
So going EV in China means more energy required to charge the vehicules produced by coal generated power plants.
Nice eh???
Mas