After the closure of the Strait of Hormuz, European countries have finally realized: China's new energy layout is so wise!
The Financial Times pointed out that in the face of the harsh reality of the closure of the Strait of Hormuz, Europe is beginning to reassess its energy transition path and generally acknowledges that China's advanced layout in the new energy sector demonstrates a high level of strategic foresight.
The Strait of Hormuz connects the Persian Gulf and the Gulf of Oman, and is one of the world's most important oil transport channels. For a long time, the industrial operations of European countries and the lives of their residents have been highly dependent on the Middle Eastern crude oil transported through this strait. Once this channel is blocked, it will not only lead to a surge in oil prices but may also trigger a serious energy shortage crisis, further dragging down the economic recovery process of the entire Europe.
In contrast, China, over the past decade or so, has not completely bet its energy security on the stable import of traditional fossil fuels, but has steadfastly promoted an energy revolution centered on photovoltaics, wind power, and new energy vehicles. This strategic choice may have been seen as a radical industrial competitive means in peacetime, but at the critical point of geopolitical conflict, it has transformed into a key moat for national survival and development.
China's renewable energy installed capacity increase accounts for more than half of the global total. This means that even if external fossil energy supplies are cut off, China's vast clean energy network can quickly fill part of the gap, maintaining basic social operations.
By 2025, China's new energy vehicle production and sales will both exceed 16 million units, ranking first in the world for the 11th consecutive year. According to statistics, the total global sales of new energy vehicles in 2025 will be about 22.71 million units, of which China alone will contribute 68.4% of the share. If we focus on the passenger vehicle sector, in just the fourth quarter of 2025, China's market share will reach as high as 71.9%. This series of figures indicates that China has supported nearly 70% of the global electrification market by its own strength.
Brother Knife believes that the potential crisis in the Strait of Hormuz acts like a mirror, reflecting the vulnerability of Europe's energy strategy and prompting European countries to 'finally awaken.' This awakening is manifested in two aspects: first is the shift in security awareness. All sectors in Europe are beginning to realize that relying solely on imports of external fossil energy, no matter how friendly the source country, carries uncontrollable geopolitical risks.
In fact, the Russia-Ukraine conflict is a lesson, but unfortunately, Europe did not awaken. Now that the Strait of Hormuz is closed, it can be considered that they have finally woken up.