Caixin
May 10, 2022 07:57 PM
BUSINESS

China’s Capital Wants a Bigger Share of NEVs on Its Roads

What’s new: China’s capital has vowed to increase the share of new-energy vehicles on the city’s roads as part of a five-year local traffic plan that foreshadows fewer restrictions on the purchase of passenger cars.

The plan is for the local NEV purchase quota to account for a greater share of Beijing’s total, though it will still cap the number of passenger cars at 5.8 million by 2025, according to the municipal government’s five-year plan (link in Chinese) for transportation development.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin-Sinica Business Brief: Hong Kong to Allow Retail Investors to Trade Crypto
00:00
00:00/00:00