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Why stopping producing petrol and diesel cars could change the industry?   [Copy link] 中文

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Post time 2017-9-10 11:46:00 |Display all floors
Authorities study timetable to put brakes on fossil-fuel vehicles in race to cut emissions and pollution.


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Post time 2017-9-10 11:47:16 |Display all floors
China is working on a timetable to stop production and sales of fossil-fuel vehicles as it races to develop new-energy vehicles and clear the country’s polluted skies, a senior Chinese industry official said on Saturday.

Addressing a car forum in Tianjin, Xin Guobin, vice-minister of industry and information technology, said China was considering following in the footsteps of some European countries to phase out fossil-fuel cars.

“Many countries have adjusted development strategies ... Some countries have worked out a timetable to stop production and sales of traditional-fuel vehicles,” Xin said.

“Now the Ministry of Industry and Information Technology has launched a study as well, and will work with related departments on a timetable for our country”.

The Netherlands and Norway have already set targets to ban fossil-fuel cars by 2025, with sales after that deadline limited to electric and plug-in hybrid vehicles.

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Post time 2017-9-10 11:47:36 |Display all floors
China is the world’s biggest car market, with nearly 200 million registered vehicles by the end of last year. Only 1.09 million of those cars are new-energy vehicles but officials and industry insiders expect the demand to grow.
Chinese buyers accounted for 53 per cent of the 774,000 electric cars sold worldwide in 2016 and industry forecasters say China needs to make 750,000 new-energy vehicles next year to meet market demand.
John Zeng, managing director of consultancy LMC Automotive, said China was on track to draw level with Europe in new-energy vehicles and emissions cuts by 2040.
“China is following the European countries’ technology road map to develop new-energy vehicles. The announcement of the timetable is to further specify the direction towards new-energy vehicles,” Zeng said.
“The government has given a positive signal to develop new-energy vehicles, but the reality is less optimistic. A sector of low-priced products heavily reliant on government subsidies is far from being a sunrise industry.”
The government said earlier this year it would phase out subsidies for new-energy cars by 2020, replacing them with fuel consumption credits and minimum quotas for new-energy vehicle production.
But global manufacturers have called on China to relax the planned quota system for electric and hybrid cars and requirements for core technology transfers.

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Post time 2017-9-10 15:41:54 |Display all floors
Eventually cities in China, and elsewhere too, will hit a physical space limit for new cars - lack of parking spaces, and fully congested roads.

When that happpens, the profit to car makers would come mainly from existing cars being replaced, and that is when switching to new-energy cars makes sense to both consumers and the industry.

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Post time 2017-9-10 16:44:47 |Display all floors
China should stop building gas stations by 2020, stop producing gas vehicles by 2025, start phasing out gas vehicles in urban areas by 2030 and in rural areas by 2040. By 2050, all vehicle registrations will be for new energy vehicles only.

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Post time 2017-9-10 19:21:09 |Display all floors
but still a country need gasoline for their planes and arms and vessels and missile ...

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Post time 2017-9-11 02:18:42 |Display all floors
Dracarys Post time: 2017-9-10 19:21
but still a country need gasoline for their planes and arms and vessels and missile ...

The topic of this thread is: "Why stopping producing petrol and diesel cars could change the industry?"

It's about stopping the production of petrol/diesel CARS not OIL. Get it?


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