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China To Lift Purchase Restrictions On Electric Vehicles

CHINA PRESS
MNI (Singapore)
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China will gradually lift restrictions on the purchase of new energy vehicles in various regions, aiming to reduce the carbon dioxide emission intensity in the transportation sector by 5% by end-2025 compared with 2020, according to a carbon reduction plan issued by the State Council Wednesday. The plan aims to reduce energy consumption and carbon dioxide emissions per unit of GDP by about 2.5% and 3.9% in 2024. (Source: Yicai.com)

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China will gradually lift restrictions on the purchase of new energy vehicles in various regions, aiming to reduce the carbon dioxide emission intensity in the transportation sector by 5% by end-2025 compared with 2020, according to a carbon reduction plan issued by the State Council Wednesday. The plan aims to reduce energy consumption and carbon dioxide emissions per unit of GDP by about 2.5% and 3.9% in 2024. (Source: Yicai.com)