Jonathan Cheng(@JChengWSJ):One group that doesn’t want the Iran war to end soon is China’s electric-vehicle makers. They began the year with a glut of EVs on their hands and weak demand at home. The crisis in the Middle East is helping them export their way out of trouble.

Jonathan Cheng

@JChengWSJ

China bureau chief @WSJ. Formerly of Korea, New York, Hong Kong bureaus. Author of KOREAN MESSIAH (Alfred A. Knopf), out now.

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Jonathan Cheng@JChengWSJ

2026.08.11 00:48

One group that doesn’t want the Iran war to end soon is China’s electric-vehicle makers. They began the year with a glut of EVs on their hands and weak demand at home. The crisis in the Middle East is helping them export their way out of trouble.