Global exports of Chinese EVs hit a record $9.4 billion in April, and May saw 435,000 passenger EVs and plug-in hybrids shipped abroad — more than double the year before. The Strait of Hormuz blockade sent fuel prices soaring across Asia and Africa, pushing cost-conscious drivers toward electric alternatives faster than almost anyone predicted.

2. Europe's EV Sales Surge 34% — But Executives Warn It Won't...