China to ban new gas, diesel cars

12 September, 2017, 00:28 | Author: Darnell Patrick
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The ban will lead to a reduction of oil demand in China, as the country is now the world's second-largest oil consumer after the US.

Minister Xin Guobin told Xinhua, China's official news agency, that the policy is aimed to bring 'profound changes for our auto industry's development'. The ministry will work out the timetable, Xin said. Both countries recently announced they would prohibit the production of diesel and petrol cars by 2040.

Will China become the next country to ban conventional diesels and petrols?

China has been implementing a slew of measures, including tax exemptions, discounts for auto purchases and an order for government organisations to buy more new energy vehicles (NEVs).

Almost 2.7 million new cars were registered in the U.K.in 2016, making it the world's sixth biggest market.

China's interest in going all-electric reflects a fast-growing global trend towards banning the sales of new internal combustion vehicles.


China produced and sold more than 28 million vehicles previous year, according to the International Organization of Motor Vehicle Manufacturers. But consideration of a ban is yet more evidence of China's honest desire to transition away from fossil fuels.

China plans to "elevate new-energy vehicles to a new strategic level", he said.

About 2.5 million workers are in the solar power industry in China, according to CNN, while the us has only 260,000 solar power jobs, according to the International Renewable Energy Agency. Sales of pure electric vehicles surged 65.1 per cent year on year to 409,000, accounting for 80 per cent of new energy vehicle sales, the Xinhua report said.

Global auto giants like Ford, and Volkswagen are aiming to develop fully electric cars in China.

China will soon unveil a mandatory cap-and-trade credit programme for electric cars, starting the countdown for carmakers to be in compliance with stricter rules on emissions and fuel economy, according to the country's state-backed auto association.

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