China’s car future is electric
It’s Wednesday, November 11, and China is planning to get rid of gas-powered cars.
At least half of cars sold in China will need to be electric vehicles, plug-in hybrids, or fuel-cell vehicles by 2035 — and the remaining fossil fuel vehicles will need to be hybrids, says a new report from one of the country’s most influential automotive trade groups.
The document, from the Society of Automotive Engineers of China, doesn’t represent official government policy, but the industry group holds substantial sway in Beijing. And the report shows how China’s economy is already preparing to adjust to a low-carbon future. Last month, President Xi Jinping promised to zero out China’s carbon emissions by the year 2060, a move that would require a massive build-out of solar, wind, and nuclear power — and, of course, weaning the country’s vehicles off of gasoline.
A dramatic shift away from gas-powered cars in China could have far-reaching effects on other parts of the world. China is the world’s largest auto market, and major car companies would be incentivized to adjust their products in order to sell there.
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