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China: electric vehicles galvanize the automotive market

January 12, 2022
Source: abcbourse.com abcbourse.com
News Snapshot:
In a shopping center in Beijing, August 12, 2021. Last year, nearly 3 million clean vehicles (electric, hybrid or hydrogen) were sold in China (AFP / Archives / JADE GAO) Sales of so-called “clean” vehicles practically tripled last year in China, driven by purchase subsidies on the world’s largest automotive market, a trade federation announced on Tuesday. China, the world’s main polluter, is targeting a fleet of vehicles in 2035 consisting mainly of so-called non-polluting vehicles. In 2021, nearly 3 million clean vehicles (electric, hybrid or hydrogen) were sold in the Asian country, said the Chinese Federation of Manufacturers of...
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