Iran War Sends Chinese EV and Battery Exports Soaring in Q1

China saw its lithium battery exports jump by 50% in the first quarter from a year earlier as global demand for green technologies surged amid the worst disruption to oil and gas supply due to the war in the Middle East. Exports of all green technologies manufactured in China surged in March and in the first quarter, making Chinese clean energy manufacturers winners in the war-induced oil shock. China’s exports of lithium batteries soared by 50.4% between January and March, compared to the same...