China plans to boost sales of new energy vehicles

Xping China EV company debuts new P7 sedan

China plans to further boost sales of new energy vehicles (NEVs) and intelligent connected vehicles (ICVs) to push for green and smart growth of the world’s largest automobile market.

Sales of NEVs are expected to make up about 25 percent of the total new car sales by 2025, according to a draft plan by the Ministry of Industry and Information Technology.

The sector’s competitiveness should be enhanced with major technological breakthroughs made in power battery, drive motor, on-board operating system and other fields, the draft plan said.

It requires that starting from 2021, new cars running in the country’s ecological conservation pilot zones and public areas in regions tasked with fighting air pollution should be NEVs.

The country’s NEV sales posted double-digit growth in the first 10 months of 2019 despite a sluggish automobile market. NEV sales accounted for less than 5 percent of total new car sales during this period.

The plan came as the government steps up efforts to energise the automobile sector, which lost steam in 2018 with car sales dropping for the first time in over two decades.

Looking for info or support for your brand in China?
Contact Everlyne or Peter: yiyishan@uengager.com

Published by The Bic

Bicyu is a NZ registered, British owned MarTech business based in Beijing providing marketing, tech, education and information services to European, NZ, Australian, UK, African, and Asian firms doing business in China. We work with local ones too. We've been here doing this since 2003. We also incorporate Aim2D and Uengager in our small brand list.

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