Financial News
Rich Countries Dumping Used ICE Vehicles in Developing Countries
As the world strives to rid itself of its reliance on fossil fuels, experts have noticed an alarming trend: developed countries are dumping scores of used fossil-fuel-powered cars in developing nations. These rich countries attract the lion’s share of green-energy-related investment and have made significant progress in their efforts to electrify transportation.
Unfortunately, the developed world is also exporting a growing number of gas guzzlers it is replacing with electric cars to the…
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