Thursday, 05 November 2020 20:40

China wants 20% of all new cars sold by 2025 to be fully electric

China wants 20% of all new cars sold by 2025 to be fully electric Pixabay

China expects about a fifth of all cars sold in the country in 2025 to be electric vehicles.

The target was set by the State Council, the country's cabinet. It also set a target of having a majority of all new vehicles sold by 2035 being fully electric.

"With the new plan, the competitiveness of the country's NEV [[new energy vehicle] industry is expected to be greatly enhanced by 2025, with significant breakthroughs in key technologies such as power batteries, drive motors and vehicle operating systems," Xin Guobin, vice-minister of industry and information technology, told a media conference on Tuesday.

"The plan also gives full play to the role of the market and allows carmakers greater autonomy in determining technology and product development, and also gives more consideration to safety," he said.

The new target set for 2020 is lower that the 25% target announced in an earlier policy proposal.

Cui Dongshu, secretary-general of the China Passenger Car Association, said: "It is a more stable and scientific goal, following the global slowdown of the automotive industry last year, which put more focus on high-quality development rather than scale development.

"The plan is also of significance to encouraging the development of high-end new energy vehicles, as it no longer uses simple indicators to restrict the overall industry, but gives greater autonomy to carmakers to develop."

Meng Xiangfeng, an assistant to the chairman of new energy battery provider Contemporary Amperex Technology, said the guideline came as global NEV development was set to become more mature over the next 5 to 15 years.

"At this critical period, the new plan proposes a broader and more detailed vision. It will play an important leading role in the development of China's NEV sector and contribute to the overall development globally," he said.

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Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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