EV Adoption is Shrinking China’s Oil Usage

Electric vehicle adoption isย cutting Chinaโ€™s oil consumptionย for the first time in twenty years. The countryโ€™s fuel demand dropped in 2024, reversing decades of growth that saw oil usage more than double since 2004.

Given that North American-based EV makers likeย Bollinger Innovations, Inc. (OTC: BINI)ย are also working to ramp up their penetration of the local and regional auto industry, the resulting widespread uptake ofโ€ฆ

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