Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Motoring

    New energy car sales to be 10% of total by 2020

    By Li Fusheng | China Daily | Updated: 2018-03-19 10:40
    Share
    Share - WeChat
    A Volkswagen XL Sport concept car catches visitors' attention at an auto show in Shanghai.[Photo by Long Wei/for China Daily]

    China expects new energy vehicles to account for 10 percent of car sales by the end of the decade, according to a senior industry official.

    In a recent interview with China Central Television, Miao Wei, minister of industry and information technology, said China has set a target for such cars to account for 8 percent of sales in 2019 and 10 percent in 2020.

    If annual car sales were to remain the same as in 2017, that would mean 2.3 million new energy cars would be sold in 2019 and nearly 3 million in 2020.

    Last year, 777,000 new energy cars were sold, accounting for 2.6 percent of total car sales in the year, according to the China Association of Automobile Manufacturers, which estimated that such sales will reach 1 million this year.

    China has been the world's largest market for such cars since 2015, with more than 1.7 million on its roads as of the end of last year.

    Miao confirmed that China is considering a timetable to ban sales of conventionally powered cars but he added, "At the current stage, the more important task is to decide the proportion of such cars each year after 2020."

    In a car development guideline released last year, China set a goal for such cars to account for 20 percent by 2025.

    Cui Dongshu, secretary-general of the China Passenger Car Association, said, "The 2020 target is challenging, but we in the industry are invigorated, as developing new energy cars is one of the most important driving forces of China's industrial transformation."

    Cui said with the help of favorable policies "the goal is worth a good try".

    Carmakers in China are stepping up their efforts to shift their focus to electrification, as they are required to produce new energy cars as a certain ratio of their total output starting from 2019.

    Statistics from the China Passenger Car Association show that new energy cars already accounted for more than 10 percent of sales at some Chinese brands such as BYD and JAC Motors last year, while the ratio was quite low at others, including FAW Group and Dongfeng Motor.

    Most carmakers present in China, both Chinese and international, have released their plans for electrified product offerings.

    Both Chongqing Changan Automobile and BAIC Group said they would phase out conventionally powered cars by 2025.

    By then, Changan will have launched 21 electric car models and 12 plug-in hybrids. It has also inked agreements with Ping An Bank and China Minsheng Banking to build an investment platform worth up to 100 billion yuan by 2025.

    New energy cars are among the most popular themes in the proposals brought to China's two sessions.

    Wang Fengying, a deputy of the National People's Congress and also president of Great Wall Motor, proposed that local governments should prevent protectionism, which is detrimental for the sector's overall development.

    She also suggested that instead of offering financial subsidies to new energy car owners, local governments should spend more on facilitating car use, like building charging infrastructure.

    Great Wall Motor, China's largest SUV producer, inked a deal with BMW earlier this year to localize electric Mini-branded cars.

    Volkswagen is betting heavily on China's new energy car sector with a 10 billion euro ($12.5 billion) budget and up to 40 models in the pipeline.

    "We are fully on the way with our new energy vehicle strategy Roadmap E, which means our plan for 2020 is to sell around 400,000 new energy cars in China and in 2025, 1.5 million," said the German carmaker's China chief Jochem Heizmann.

    Nissan Motor's Chinese joint venture, Dongfeng Motor Co, said it would introduce at least 20 electrified models across its Dongfeng, Nissan, Venucia and Infiniti brands by 2022. Of those, six models will be introduced by the end of 2019.

    The joint venture said it expects such cars to account for 30 percent of its estimated annual sales of 2.6 million vehicles in 2022. "With our new midterm plan, we have the roadmap to guide us through the shifting terrain ahead," said Jun Seki, president of the joint venture, in an earlier interview.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    99久久无码一区人妻| 精品久久久久久无码不卡| 日韩a级无码免费视频| 日韩精品无码久久一区二区三| 少妇性饥渴无码A区免费| 亚洲高清有码中文字| 人妻少妇偷人精品无码| 久久无码中文字幕东京热| 在线欧美中文字幕农村电影| av无码播放一级毛片免费野外| 亚洲精品无码乱码成人| 乱人伦中文字幕在线看| 亚洲va中文字幕无码久久不卡| 波多野42部无码喷潮在线| 亚洲AV中文无码字幕色三| 亚洲av日韩av无码| 中文字幕日韩精品无码内射| 最近更新中文字幕在线| 熟妇人妻VA精品中文字幕| 亚洲成av人片不卡无码久久| 国产精品亚洲αv天堂无码| 久久久无码精品亚洲日韩按摩 | 精品无码无人网站免费视频| 东京热人妻无码一区二区av| 少妇无码太爽了在线播放| 最近最新中文字幕完整版| 娇小性色xxxxx中文| 99久久超碰中文字幕伊人| 人妻无码中文久久久久专区| 中文字幕人妻无码一夲道 | 中文字幕日本在线观看| 中文字幕无码一区二区免费| 亚洲熟妇无码八V在线播放| 无码欧精品亚洲日韩一区夜夜嗨 | 88国产精品无码一区二区三区| 无码国产精品一区二区免费16| 无码人妻黑人中文字幕| 国产精品免费无遮挡无码永久视频| 精品无码av一区二区三区| 97性无码区免费| 亚洲欧美综合中文|