How is the ban on petrol cars in China affect the market?

Recently china announced that the will be a ban on petrol cars to make way for ev's.

Knowing that it will sway such a big consumer market for the auto industry what will some predictions of the stock market following?

Submitted September 11, 2017 at 01:55AM by NeedleArm http://ift.tt/2wU4Ypy