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China Aims For 70% Plugin Vehicle Sales By 2030 — Hit 61% In August
China has just released its newest 5-year development plan for plugin vehicles — its 15th — and the plan includes a target of reaching 70% plugin vehicle (or “new energy vehicle”) sales by 2030.
AI Summary
China released its 15th five‑year development plan for plug‑in vehicles, setting a goal of 70% of new vehicle sales being plug‑in or “new energy” vehicles by 2030. The plan follows a recent report that plug‑in sales reached 61% of all new vehicle sales in August. No further details on implementation or timelines are provided.
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