this post was submitted on 19 Jan 2026
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Trump Is Obsessed With Oil. But Chinese Batteries Will Soon Run the World (www.nytimes.com)
submitted 1 week ago by UnderpantsWeevil@lemmy.world to c/technology@lemmy.world
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Chinese technology companies are paving the way for a world that will be powered by electric motors rather than gas-guzzling engines. It is a decisively 21st-century approach not just to solve its own energy problems, but also to sell batteries and other electric products to everyone else. Canada is its newest buyer of EVs; in a rebuke of Mr. Trump, its prime minister, Mark Carney, lowered tariffs on the cars as part of a new trade deal.

Though Americans have been slow to embrace electric vehicles, Chinese households have learned to love them. In 2025, 54 percent of new cars sold in China were either battery-powered or plug-in hybrids. That is a big reason that the country’s oil consumption is on track to peak in 2027, according to forecasts from the International Energy Agency. And Chinese E.V makers are setting records — whether it’s BYD’s sales (besting Tesla by battery-powered vehicles sold for the first time last year) or Xiaomi’s speed (its cars are setting records at major racetracks like Nürburgring in Germany).

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[–] TigerAce@lemmy.dbzer0.com 9 points 1 week ago (13 children)

I don't know if he's obsessed by oil. So far when a president invaded a country because of it's oil, it always went with a cover story to justify it. Now the (cover) story provided by Trump is oil, so it may be possible it was all just to get the Nobel prize. As trinkets are all he cares about. Now it looks like he wants what I want when playing hearts of iron: make all the continent mine.

[–] Cloudstash@lemmy.world 4 points 1 week ago

His best before has already expired, one foot is in the grave, old age takes its toll, why do you think he would care about anything other than himself at this point in his life?

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