China plans to ban sales of fossil fuel cars entirely
“China’s big electric vehicle push is about to get even bigger: The country is planning to end the sale of fossil fuel-powered vehicles entirely, with regulators working currently on a timetable of when the ban will ultimately take effect, according to Bloomberg.
China is the world’s largest auto market, with 28.03 million vehicles sold last year, a boost in demand of 13.7 percent vs. 2015 sales numbers. The nation has already done a lot to incentivize manufacturers to develop and sell new EVs, including allowing foreign automakers to create a third joint venture with local automakers (a standard requirement for doing business in the country for auto OEMs) so long as it’s dedicated to the creation of EVs exclusively…”
#future = #REALnews #clean #green #sustainability #energy #tech #innovation #progress #science #design #engineering #revolution #environment #solar #climatechange #ClimateAction #renewableenergy #renewables #economy #China
https://techcrunch.com/2017/09/10/china-plans-to-ban-sales-of-fossil-fuel-cars-entirely/
Wow. Our vested interests would rather lose everything than lower one quarter