Sunday, September 10, 2017

China Joins UK And France To End Sale Of Internal Combustion Vehicles

The UK and France decided to ban the sale of internal combustion vehicles by 2040.  China has the largest market for motor vehicles in the world.  It has taken steps to end the sale of internal combustion vehicles in the near future.  It also provides incentives to consumers to purchase electric vehicles.  This will reduce oil imports, and help China to meet its 2030 emissions goal.  Honda announced plans to develop an electronic vehicle for the China market along with a domestic manufacturer.  Since the Chinese market is the largest motor vehicle market in the world, its decision will accelerate the development of the electric vehicle market and speed up the demise of gasoline driven vehicles.  This will stimulate the development of the infrastructure that is required for electronic vehicles and it will require changes in the automotive service market as well.  It will also be good for our planet.

No comments:

Post a Comment