Unsold Gasoline Cars Plunge in Value as Swiss Banker Predicts Global Auto ‘Glut’, Price War

China may be coaxed into delaying an emissions rule that was set to leave auto dealerships with a glut of worthless, non-compliant gasoline cars, but an electric vehicle expert says the crisis is a sign that the global auto industry must accelerate EV production.
— Read on www.theenergymix.com/2023/04/04/unsold-gasoline-cars-plunge-in-value-as-chinas-new-emissions-rules-approach/

Does it look like China is more responsive to emissions reduction than we are led to believe?

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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