China’s EV exports surge 145% as Iran war drives up overseas demand

China’s electric vehicle (EV) exports hit an all-time high for a second straight month in October, as the country’s carmakers rode a surge in overseas demand driven by the Middle East energy shock. Chinese brands sold a total of 582,000 pure electric and plug-in hybrid vehicles outside mainland China last month, a 144.7 per cent jump from a year earlier, according to data from the China Passenger Car Association (CPCA). The figure – which broke the previous monthly record of 558,000 set in...