China Sets Massive 70% EV Target as Oil Demand Plunges

Sep 29, 2026 - 09:00
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China Sets Massive 70% EV Target as Oil Demand Plunges

China is accelerating one of the world's largest shifts away from gasoline-powered cars, setting a target for electric and hybrid vehicles to account for as much as 70% of all passenger vehicle sales by 2030 as the country's demand for road fuels continues to plunge.

The post China Sets Massive 70% EV Target as Oil Demand Plunges appeared first on Slay News.

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