America Biden BYD China Chinese Climate Change Economy electric vehicle ESG European France Germany Import Investment Minerals Oil Shandong Technology War
If you buy an electric vehicle rather than one with a gas engine, will it help the economy? The more common question is whether EVs help the environment. The answer is that they do, in terms of carbon emissions, albeit with wide variation depending on how the electricity that powers it is generated and where its battery materials come from. This has long underpinned government support in many countries, including the U.S. Most Read from The Wall Street Journal But a product that helps the environment while posing a risk to the economy will lose public backing as it grows….
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