⁍ Sales of new energy vehicles (NEV) in China will jump to 50% of overall new car sales by 2035 from just 5% at present.


⁍ A technology roadmap by the association predicts 95% of NEV sales in 2035 will be battery electric vehicles.


⁍ Li also said carbon dioxide emissions from China’s auto industry were expected to peak around 2028, and drop to 20% of peak levels by 2035.


– By 2035, 95% of new-energy vehicles (NEVs) sold in China will be battery electric, while hybrid vehicles will make up the rest, according to a new technology roadmap from the China Society of Automotive Engineers, per Reuters. NEVs include battery electric, plug-in hybrid, and hydrogen fuel-cell vehicles. Sales of NEVs in China, the world’s biggest auto market, currently make up just 5% of all new car sales. The China Society of Automotive Engineers is an influential industry body that helps set China’s mid- to long-term electric vehicle policies. The country’s president, Li Jun, also said carbon dioxide emissions from China’s auto industry are expected to peak around 2028, and drop to 20% of peak levels by 2035. Li also said carbon dioxide emissions from China’s auto industry were expected to peak around 2028, and drop to 20% of peak levels by 2035. Chinese President Xi Jinping in September announced plans to boost China’s Paris climate accord target, saying that China would achieve a peak in carbon dioxide emissions before 2030 and carbon neutrality before 2060. NEVs include battery electric, plug-in hybrid, and hydrogen fuel-cell vehicles. Industry expects China to sell around 1.1 million NEVs this year.



Source: https://www.reuters.com/article/us-china-autos-electric/chinas-nev-sales-to-account-for-50-of-all-new-sales-by-2035-industry-body-says-idUSKBN27C08C