China's EV Dominance Accelerates as Affordability Wars Go Global

China just hit a new high-water mark for electric vehicles: 65.2% of all cars sold in August were either pure electric or plug-in hybrids, the China Passenger Car Association reported. That edges past the previous record of 65.1% set just one month earlier. The Iran war's disruption of the Strait of Hormuz is accelerating what was already happening — petrol's grip is loosening fast. "Range anxiety has been largely eased," one Shanghai auto dealer...