China’s Ambitious Plans To Ban Petrol And Diesel Vehicles
The world’s second-largest consumer of oil, China, is reportedly planning to ban petrol and diesel vehicles. As per the Chinese Vice Minister for the industry, China has begun relevant research about the prospects, however, it’s yet to decide if and when the ban comes into play.
Minister Xin Guobin was reported as saying that the policy will be aimed at bringing ‘profound changes for the Chinese car industry’s development.
Because of China’s decision, there could be widespread ripples in the entire automobile manufacturing sector since China is planet’s largest car market. And this is proved by numbers, the country accounted for around one-third of all the manufactured cars last year.
China is planning to end the over-dependence on the traditional fuel types, which are primary reasons for the carbon emissions and pollution. Also, China wants to establish itself as a pioneer in the EV industry by making a head start, which starts with by its plans to ban petrol and diesel vehicles.
The Chinese government has already formulated a plan to ban petrol and diesel vehicles that encompasses and will enforce car manufacturers to increase the total share of hybrid petrol-electric and electric vehicles to reach 12 percent by 2020. Additionally, state-owned power companies have been asked by the government to set up electric vehicles charging points in large numbers.