Over 50% of new vehicles sold in Shanghai to be electric cars by 2025 – government plan
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Over 50% of new vehicles sold in Shanghai to be electric cars by 2025 – government plan
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Over 50% of new vehicles sold in Shanghai to be electric cars by 2025 – government plan

 

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China’s financial hub of Shanghai aims to have more than 50% of new vehicles bought by individual consumers to be purely electric by 2025, according to an action plane for achieving carbon-peaking goal released by the municipal government on Thursday.

Shanghai is accelerating the full electrification of public sector vehicles and encouraging the private sector to purchase electric passenger vehicles, according to the plan.

The city will boost the replacement of traditional fuel vehicles, and all new or replaced vehicles for buses and cruising cabs will be NEVs, it said.

Newly purchases or replaced vehicles for government agencies, sanitation, postal and other public purposes, as well as rental cars, urban freight vehicles, in principle, will all be pure electric or fuel cell vehicles, it said.

By 2035, the share of pure electric vehicles in the city’s small buses will exceed 40%, according to the plan.

In the first half of the year, 190,000 new motor vehicles were registered in Shanghai, including 85,692 NEVs, or 45.1%, according to local official data.