Fascinating observations on EVs from David Fickling:

- High adoption rates in developing countries
- EVs pencil out unsubsidized
- Oil & gas are ~1/3 of all imports to In India and Pakistan
- Switching half of India’s car fleet to EVs could eliminate its current account deficit
- Rich countries are sabotaging their own energy transitions

https://www.bloomberg.com/opinion/articles/2025-08-10/the-whole-world-is-switching-to-evs-faster-than-you?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc1NDk0MjAwNiwiZXhwIjoxNzU1NTQ2ODA2LCJhcnRpY2xlSWQiOiJUMFNLU1VHUEZIUjgwMCIsImJjb25uZWN0SWQiOiJGM0VENDU5NTZFRjA0QjY5QTI0NTVBNTYxRDkyNkY5NiJ9.u3VslD0QnfVpiYvheKSB2LEWEUPgaviqZRlbBJt3rEM 🎁 🔗