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China’s New Energy Vehicle Industrial Development Plan for 2021 to 2035


Publication Year: 2021

Abstract:

China’s New Energy Vehicle Industrial Development Plan for 2021 to 2035 (“Plan 2021–2035”) follows the Energy-Saving and New Energy Vehicle Industry Plan for 2012 to 2020 and aims to build a green, robust, and internationally competitive auto industry. It sets a target of an approximately 20% share for new energy vehicles (NEVs) in new vehicle sales by 2025 and other development targets for the NEV industry. This policy update is an overview of Plan 2021–2035 and highlights how it differs from the previous plan. 

Plan 2021–2035 is meant to position China to effectively meet future demand for autonomous, connected, electrified, and shared mobility. Its three overarching goals are to: (1) form a globally competitive auto industry with advanced NEV technologies and good brand reputation;  (2) transition to an energy-efficient and low-carbon society with a convenient charging service network and battery electric vehicles as the mainstream in sales; and (3) improve national energy security and air quality, mitigate climate change, and stimulate economic growth in the automobile, energy, transportation, and information and communications industries. Additionally, Plan 2021–2035 sets specific targets for NEV market development, technology advancement, and the build up of supporting services in the near, mid, and longer terms. 

Publisher/Organisation: International Council on Clean Transportation (ICCT)

Rights: International Council on Clean Transportation (ICCT)

URL:
https://theicct.org/publications/china-new-vehicle-industrial-dev-plan-jun2021

Theme: Policies and Regulations | Subtheme: International

Tags: International Council on Clean Transportation (ICCT), NEV, New Energy Vehicles, NEV technologies

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