For the average price of a car in the US, you could buy 4 new Chinese EVs
english.kyodonews.net
english.kyodonews.net
The future is EVs. There is no way now to put the genie back in the bottle. The Iran war and new oil crises will just accelerate the change over.
China is definitely the leading EV manufacturer in the world. And they aren't mourning the smaller market in the US (sales ~16M/y).