China, on Monday, unveiled a development plan for its new energy
vehicle (NEV) industry from 2021-2035 that aims to accelerate the
country into an automotive powerhouse.
The plan, released by the State Council, China's cabinet, listed five
strategic tasks -- to improve technology innovation capacity, build
new-type industry ecosystems, advance industrial integration and
development, perfect the infrastructure system, and deepen opening-up
The specific targets include bringing the average power consumption
of new, purely electric passenger cars down to 12 kWh/100 km and raising
the proportion of new NEVs in the sales of new vehicles to 20 percent
By 2035, purely electric automobiles are likely to become the
mainstream in the sales of new ones, while those used in public
transportation will be exclusively electrified, according to the plan.
Boasting the world's most sizable inventory of NEVs, China accounts for 55 percent of global NEV sales.