Coal Powered Cars

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Is China moving towards using coal to power cars and trucks?

Consider:

  • China is the world’s largest importer of oil.
  • China is the world’s largest producer of coal.
  • China has a chronic shortage of electricity.
  • In 2016 57% of China’s electric generating capacity was coal fired.
  • China continues to build new coal generated electricity capacity.
  • China is aggressively incentivizing the production and sale of electric vehicles.

All comments and suggestions are welcome.

Walter J. Kirchberger, CFA®

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