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The Economic Times

Top News / The Economic Times

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China's edge in an oil shock: How EVs and renewables cushion the blow

China enjoys a distinct edge as oil prices surge. Decades of investment in electric vehicles and renewable energy sources are now paying off. This strategy reduces reliance on foreign oil, making China less vulnerable to global energy market disruptions. Many new cars run on electricity, with power generated domestically. This positions China favorably amidst international energy challenges.

14 Mar 2026 10:10 am