China planning to ban production and sale of fossil fuel cars, following commitments by France and Britain to outlaw petrol and diesel cars by 2040

Briefing

China planning to ban production and sale of fossil fuel cars, following commitments by France and Britain to outlaw petrol and diesel cars by 2040

September 12, 2017

Briefing

  • Fossil Fuel Car Ban – China considering banning production and sale of fossil fuel cars, with regulators still working on exact timeline
  • Similar Bans from Other Countries – Follows similar plans by France and Britain to ban sale of petrol and diesel cars and vans by 2040
  • Electric Vehicle Sales – Reached 500,000 in China in 2016, more than 50% growth from 2015
  • Foreign Car Companies Electrification – Volvo to introduce all-electric car in China in 2019, while Ford plans to market hybrid vehicle in early 2018

Accelerator

Market Disruption

Sector

Transportation and Logistics

Source

Original Publication Date

September 11, 2017

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