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The demand for electric vehicles in China recently increased for all price levels. Media pundits are...

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Economics

The demand for electric vehicles in China recently increased for all price levels. Media pundits are scrambling to present an answer and have decided to talk to you about what caused the shift. Quickly flipping through WeChat you glean a few headlines. Which one is the most plausible that you provide as the reason? Oil prices from Russia are decreasing President Xi is cracking down on housing prices Many Chinese students are studying at universities in the Middle East instead of the United States The middle-class household income is increasing Tesla has promised to build a factory in Dalian, China

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