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The Nexus
BUSINESSJun 22 · 06:08 UTCWTOP DCWTOP Staff

High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind

High oil prices due to the Iran war and Hormuz Strait disruption have boosted Chinese electric vehicle (EV) exports to developing nations like Southeast Asia, Africa, and Brazil. Chinese EV sales surged in 2026, but charging infrastructure struggles to keep pace, creating a 'chicken-and-egg' challenge for adoption.

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