Energy Transition

'We cannot stop the trend': As EV sales soar, Sinopec boss forecasts drop in China's refined products

Sinopec, China's largest refiner, is preparing for the shift to EVs by adding EV charging at its gas stations and installing charging points in parking areas, says Sinopec Group's president

Drivers wait for their electric vehicles to charge at Antuoshan charging station in Shenzhen, China, in 2023. Sinopec Group's president said Wednesday in Houston that China's refined products output will fall as a result of fast-growing EV sales.
Drivers wait for their electric vehicles to charge at Antuoshan charging station in Shenzhen, China, in 2023. Sinopec Group's president said Wednesday in Houston that China's refined products output will fall as a result of fast-growing EV sales.Photo: HECTOR RETAMAL/AFP/SCANPIX
Editor In ChiefHouston
SinopecChinaelectric vehiclesRefiningPetrochemicals
Published 20 March 2024, 19:04Updated 20 March 2024, 19:18