Yogthos on Nostr: China’s EV market runs on cheap electricity, and that single fact explains most of ...
China’s EV market runs on cheap electricity, and that single fact explains most of what’s happening in the global auto industry right now. China generates 40% more electricity than the United States and European Union combined, paying around 8 cents per kWh to do it. The US pays over twice that. The UK pays roughly five times more. With China electricity costs this low, the EV price war was never going to be a fair fight.
https://blocknow.com/china-generates-40-more-power-than-us-eu-ditching-oil#china #cleanenergy #technology
Published at
2026-03-09 14:39:56 UTCEvent JSON
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