China will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles for the world’s biggest auto market.
Xin Guobin, the vice minister of industry and information technology, said the government is working with other regulators on a timetable to end production and sales. The move will have a profound impact on the environment and growth of China’s auto industry, Xin said at an auto forum in Tianjin on Saturday.
A ban on combustion-engine vehicles will help push both local and global automakers to shift toward electric vehicles, a carrot-and-stick approach that could boost sales of energy-efficient cars and trucks and reduce air pollution while serving the strategic goal of cutting oil imports. The government offers generous subsidies to makers of new-energy vehicles. It also plans to require automakers to earn enough credits or buy them from competitors with a surplus under a new cap-and-trade program for fuel economy and emissions.
https://www.bloomberg.com/news/arti...-of-fossil-fuel-cars-in-electric-vehicle-push
Well this could upend things just a tad. US automakers had been lobbying China to reduce their existing targets for electrified vehicles but it looks like instead they will implement a ban. Exactly when seems to be an open question but if they pick an aggressive target like 2030 shit's gonna get real.
Fucking communists. Trump might have to threaten them with sanctions over this. Ban all sales of the toyota prius into china. That will learn those pinkos good. In fact they should just stick to propping up the worlds latest nuclear armed country.
It's a six year plan by all anti-gas countries. So, 2023 in all countries against Petrol/Oil/Gas whatever.... pick an aggressive target like 2030 shit's gonna get real.
You will buy one long before that.I'll buy an electric vehicle when it can:
go 400 miles between charges
be the equivalent of a 1/2 ton pickup
tow 7500 pounds (boat)
refuel (recharge) in 5 minutes
cost the same as a Silverado 1500 LTZ/F150 Raptor without government tax credits
Fucking communists. Trump might have to threaten them with sanctions over this. Ban all sales of the toyota prius into china. That will learn those pinkos good. In fact they should just stick to propping up the worlds latest nuclear armed country.
Your ilk talk big, but don't lay down the cash when it matters.
Look what happens when the virtue signal is missing.
Your ilk talk big, but don't lay down the cash when it matters.
Look what happens when the virtue signal is missing.
Fix the cable? They'll probably just invest in the next thing. That's what oligarchs tend to do.Hmm, what are Saudis, Russians, Republicans, and other low value add individuals reliant on oil extraction going to do?
There is a lot of money competing to invest in the next thing. So oligarchs who dominate the last thing get only a fraction of the next thing.Fix the cable? They'll probably just invest in the next thing. That's what oligarchs tend to do.
I can't imagine that my beloved 'Vette that I've owned since 1978, my nice and nasty Z28 and my wife's custom turbo'd G35 will be perma banned from the streets any time in the future.
That's pretty much sacrilegious in our nation full of car enthusiasts, if not the free world.
Can't see that happening. Ever. (wishful thinking?)
aren't they going solar like crazy too though? and along with india looking into thorium too i think.
i mean if this is meant for 2030 then it gives time to get that going. i mean it's not like the west where we drag our heels like crazy.
80% of China's electric production is generated from coal. They have gone from being a coal exporter to the world's largest importer of coal. Despite an overcapacity, they continue to start production (on average) of two coal fired power plants a week. Is an electric car powered by coal going to be less polluting than a modern gas powered one?
Interesting announcement but about as much BS as something uttered by Trump. Probably more related to China's stranglehold on world production of rare earth elements than any do-good spirit.