"China wants new energy vehicle sales in 2025 to be 25% of all car sales"
This is according to a draft proposal from the Ministry of Industry and Information Technology.
In 2018 28,1 million cars were sold in China. 25% of that figure would mean 7.025 million over 7 times more than will be sold this year. A 7 fold increase in just a little more than 5 years if we assume no overall car market growth from the 2018 level.
https://uk.mobile.reuters.com/article/amp/idUKKBN1Y70BN?__twitter_impression=true
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