China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that may accelerate the push into the electric car market. Xin Guobin, the vice minister of industry and information technology, said the government is working with other regulators on a timetable to end production and sales, mostly likely in the 2040s. The move will have a profound impact on the environment and growth of China’s auto industry, said Xin.
[FULL STORY HERE]
No comments:
Post a Comment