China's ambitious plan to electrify its vehicle fleet continues to gain momentum. In a bid to meet its 2030 climate goals, the Chinese government has set a target of making electric vehicles (EVs) account for 30% of the country's new car sales within the next six years. With the world's largest automotive market at its disposal, China's success in driving EV adoption could have far-reaching implications for the global industry. As the country invests heavily in EV infrastructure and incentives, manufacturers are scrambling to keep pace with demand, with many major players already announcing plans to expand their EV offerings in the Chinese market.
China targets electric vehicles to reach 30% of fleet by 2030 Investing.com Canada