China aims for EVs to dominate new vehicle sales by 2035

News ESG General Updates

Date: 25th Apr, 2025 Source: Ministry of Human Resources and Social Security Country: China Original Source

Brief

"On 25/04/2023", the "Ministry of Transport" issued a circular updating efforts to align transport infrastructure development with renewable energy systems. The country aims for pure electric vehicles (EVs) to dominate new car sales by 2035, while also promoting green and low-carbon vessels, aircraft, and postal services, with financial support from special local government bonds, green loans, and re-lending funds.

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Ministry of Human Resources and Social Security

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China aims for EVs to dominate new vehicle sales by 2035

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China aims for EVs to dominate new vehicle sales by 2035

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Ministry of Human Resources and Social Security

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