China to set deadline for fossil fuel phase-out

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China has announced that it will set a deadline for automakers to end sales of fossil-fuel vehicles in the country, the world’s biggest auto market. Norway, the Netherlands, the UK and France have already announced plans for bans.

The government is working with regulators on a timetable to end production and sales, Xin Guobin, China’s Vice Minister of Industry and Information Technology, said at a recent auto forum in Tianjin. No further details were on offer.

China’s federal government and several local governments offer various incentives and subsidies for “new energy vehicles.” In an even stricter version of California’s ZEV mandate, the country already plans to require automakers to sell a certain number of EVs in the country, or buy credits from competitors.

Also in Tianjin, Honda announced that it will launch an electric car for the China market in 2018, and startup Nio said it will start selling its electric ES8 crossover in mid-December.

 

Source: Automotive News