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China going from 2% electric cars last month to 20% in 2025 to possibly 100% in 2030
brian wang | November 26, 2017 |
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China going from 2% electric cars last month to 20% in 2025 to possibly 100% in 2030 | NextBigFuture.com
China is kicking ass!
brian wang | November 26, 2017 |
2Save
China is requiring automakers (making over 30,000 cars per year) to make zero- and low-emission vehicles- of at least 10 percent starting in 2019, rising to 12 percent in 2020.
Car makers that do not meet those targets must buy credits or face fines.
The targets look achievable for the industry as a whole, McKerracher said. Considering the credit structure, 12 percent in 2020 would translate to about 4 percent to 5 percent of actual vehicle sales.
A spokeswoman for France’s PSA Group said the delay was good news but that the company was fully prepared to meet the quotas regardless. Obtaining an energy score of at least 10 percent in 2019 can be achieved if 2.5 percent of PSA’s Chinese production is electric.
China going from electric cars being 2% of new cars sold to 20% in 2025 to possibly 100% in 2030
China going from 2% electric cars last month to 20% in 2025 to possibly 100% in 2030 | NextBigFuture.com
China is kicking ass!