China expects electric cars to experience enormous sales growth in the coming years. It is expected that by 2035 almost half of all new cars sold will be fully electric.
Electric vehicles are driving on an increasingly large scale in China. At the moment, the sales share of (partly) electric cars is already reasonable at 5 percent, but that will improve rapidly in the coming years. This expectation speaks the automotive association SAE, reports Automotive News. The so-called New Energy Vehicles (NEVs), according to the SAE, will already account for 20 percent of sales by 2025. In 2035 this should be 50 percent. It is expected that of that 50 percent, 95 percent will be fully electrically powered cars.
During this further transition to large-scale use of electric cars, a peak in CO2 emissions from the car industry is expected in 2028, after which it will decrease by 20 percent until 2035. An important side note is that the SAE brings these figures from the auto industry itself and are therefore not government expectations. This expectation is slightly more pessimistic than that of the Chinese government. The Chinese Ministry of Transport stated last year that by 2025 25 percent of new cars should be NEVs. The SAE’s expectation is therefore 5 percent lower.