China has included a major push for electric vehicles in its latest five-year economic plan, aiming to make EVs account for 70% of new-car sales by the end of the period. The target reflects the government’s commitment to reducing fossil fuel dependence and accelerating the transition to cleaner transportation. Industry analysts note this could reshape global automotive markets by increasing pressure on traditional internal combustion engine vehicles. The move also signals China’s continued dominance in EV production and battery technology.
China sets 70% EV goal for new-car sales in 5-year plan Automotive News