An EV Revolution Is Happening in the Heart of OPEC
Bloomberg reports that the Gulf states are looking beyond oil and the internal combustion engine.
Think of the most important markets for electric vehicles, and you’ll have a list of the usual suspects: Norway, China, Germany, the UK. But Dubai? It seems improbable, but OPEC’s second-biggest exporter deserves a place alongside those other markets. Fully-electric vehicles comprised 10% of the value of cars imported into the United Arab Emirates last year, according to trade data.... ...
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