China increases 2025 sales goal for ‘new-energy vehicles’ to 25%

January 7, 2020

Toyota unveiled the first electric offering in its premium Lexus line in China in November 2019, as Beijing looks to increase sales of greener cars. (Courtesy Masahisa Yuzawa)

China is reported to be raising its 2025 nationwide sales target for ‘new-energy vehicles’ to 25%, allowing carmakers who are eager to expand in the world’s largest auto market further incentive to work on their zero-emissions offerings. According to Nikkei Asian Reviewthis is a rise from its initial target of 20% for 2025, which was set in 2017.

The proposal from China’s industry ministry calls for the ‘new-energy vehicles’ category, which includes electric, plug-in hybrid and fuel cell autos, to make up 25% of all new vehicles sold in 2025, up from just 4% in 2018. The proposal, which covers 2021 to 2035, calls for accelerating the development of key parts and systems with the goal of making China a world leader in core technology for new-energy vehicles.

China became the largest market for electric vehicles in 2015 and is estimated to account for 6% of all new vehicles sold in the country in 2019. Although domestic companies still hold the lead in market share, they face competition from rivals such as Tesla, which has set up a wholly owned subsidiary in Shanghai and begun mass production of its electric cars. 

China’s industry ministry has also called for the share of vehicles featuring autonomous-driving technology to increase by 2025. 

Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link