Press "Enter" to skip to content

China raised new-energy vehicle sales target to 25% of all car sales by 2025


China raised its 2025 sales target for new-energy vehicles (NEVs) in its latest plan for the sector development, indicating that NEVs remain a priority for the government as it wants to combat pollution and reduce reliance on imported oil.

The country hopes about 25 per cent of new cars sold by 2025 to be new-energy vehicles, according to a draft guideline for developing its NEV sector published by the Ministry of Industry and Information Technology . . .

To continue reading, please subscribe. You will get

  • An indispensable and reliable source of information on China's economy and financial markets
  • Original and in-depth reporting 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a real-time financial news platform focused on China
  • Daily Brief newsletter to get you prepared for every trading day

FREE TRIAL cancel anytime


We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.


Already have an account? Sign In