China’s clean tech exports hit a record $20B in August, led by batteries and EVs. (Axios)
By the numbers: Battery exports reached $7.6B, EVs hit $6.5B, and both jumped north of 20% from last year. Over half of exports went to non-OECD countries, with shipments to Southeast Asia up 75% and new demand rising fast in Africa.
Why it matters: Analysts warn the world is splitting into “electro-states” (countries exporting clean technology) and “petro-states” (still tied to fossil fuels). China’s clearly leading the first group, while US policy under President Donald Trump is steering toward the latter.