Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Asset Allocation
Data update
Development News
Equity markets
Exploration News
Features
Finance/M&A
News & Views
products
Sponsored
The Drill Bit
The Future
Trade & Demand
Uncategorised

News

China sets new EV targets

Posted on - 10 Nov 2020

Category - News & Views

China’s “Energy-saving and New Energy Vehicle Technology Roadmap 2.0” was finally released at the beginning of November. Although it was widely leaked, there were some interesting takeaways. Although China is now targeting a lower EV penetration target of 20% by 2025 rather than 25%, this is still a big number, implying a 27% 5-year CAGR for Chinese EV sales. The paper also targets energy consumption of better than 12kWh/100km vs average rates currently of 13-20kWh/100km. That means further weight savings and better efficiencies for EVs. China also remains supportive of electrification of public transport, logistics etc, although a bit less...

Login to read full article


Topics

BEVs China EVs HEVs