For the average price of a car in the US, you could buy 4 new Chinese EVs

Many US and Japanese car manufactures were very short sighted or too inside the pocket of oil companies. China has seized the opportunity and is just about the leading EV manufacturer in the world.

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.