China targets 70% NEV share in new passenger car sales by 2030
China aims to increase new energy vehicles (NEVs) to 70% of new passenger vehicle sales and 40% of new commercial vehicle sales in its domestic market by 2030 under a new five-year automotive industry development plan.
September 11, 2026 (MLN): China aims to increase new energy vehicles (NEVs) to 70% of new passenger vehicle sales and 40% of new commercial vehicle sales in its domestic market by 2030 under a new five-year automotive industry development plan. The plan, jointly issued by nine government departments including China's Ministry of Industry and Information Technology, seeks to strengthen the country's position across t...