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BUSINESS● LOWJun 21 · Jun 21, 2026, 10:45 AM

Hormuz Effect : EVs = Record 2 / 3s of Chinese New Car Sales  | Peak Oil News and Message Boards

peakoil.com · United States

Electric vehicles now account for a record two-thirds of new car sales in China, attributed partly to the 'Hormuz Effect.' This data reflects a significant market shift towards EVs, potentially influenced by energy dynamics.

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