Electric Cars Being Mass Produced in China – Eurasian Capitalists Withdrawing From Oil Dependency

Not only is China mass producing electric cars, but public transportation is also being electrified. A great deal of the investment is coming from the Chinese state. This is part of a larger movement of some oil rich countries such as Iran to move away from the oil industry, given its control by Washington and London. Once again the Chinese Communist Party is beating western capitalists at their own game.