What oil crisis? China’s EVs are ready to dominate the 21st century | CNN Business

A sleek SUV offers mechanical foot massages, a luxury minivan has rotating seats to help passengers hop into its third row – and a surprising proportion of models offer in-car karaoke with professional-grade speakers. Others have headlights that can project movies onto a wall to make anywhere a drive-in cinema. Here, intelligent driving features are ubiquitous, even in affordable models. To many consumers peering in from the outside, the options in China – on display in Beijing this week at the world’s largest auto show – seem like a dream. But to some automakers and politicians around the world, they’re an existential threat. Chinese carmakers are cranking out their offerings at a large scale and a comparatively low price. And there’s another major sell: while oil and gas costs skyrocket due to the Iran war, the vast majority of these cars are electric or hybrid. The contrast with the US has never been as stark: Washington last year rolled back support for EVs in favor of gas guzzlers, and it has effectively barred Chinese cars from entering the market, citing a need to protect national security and local industry. With US President Donald Trump expected in China in mi