Over the last two months, nations have scrambled to shore up oil supplies as the Iran war prevented oil tankers moving through the Strait of Hormuz.
This, according to some global analysts, would lead to a downturn for clean technology exports from China, the world’s top producer of solar, wind, batteries and electric vehicles. They predicted the rush to secure fuel for cars and trucks combined with China’s manufacturing oversupply, collapsing prices and trade barriers would trigger a sharp fall in cleantech exports and a slowdown in global deployment.
