By 2030, 60% of New Cars in China will be Electric, and by 2040 all New Cars in the World will be: USB Bank; Will Mideast Oil States Survive?

60 percent of new cars sold in China in 2030 will be electric, according to Switzerland’s UBS bank. And by 2040 the only new cars on the market globally will be electric, the bank predicts. So report Daniel Ren and Pearl Liu for the South China Morning Post.

By 2030, 60% of New Cars in China will be Electric, and by 2040 all New Cars in the World will be: USB Bank; Will Mideast Oil States Survive?