What’s Driving Decreasing Gasoline Consumption In China? – Analysis
Published
(EIA) -- Gasoline consumption in China has begun to fall in recent months amid increased sales of electric vehicles, slow economic growth, and population decline.
We estimate gasoline consumption in China averaged 3.2 million barrels per day (b/d) in August 2024, 14% less than in August 2023. The trend continued in September...