China targets 20% share of new energy vehicle sales by 2025
The Chinese government has launched a new energy vehicle (NEV) industry development plan that will see NEV sales account for 20% of the country’s total vehicle sales by 2025. The plan, which covers the period from 2021 to 2035, will also see battery-electric vehicles dominating new vehicle sales by 2035. By that time, China’s goal is to have all of its public transport running on electric power. Announced on Nov. 2, the industry plan also aims to lower the average power consumption of electric vehicles to 12 kilowatt-hours (kWh) per…
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