China is the largest car market in the planet. The country accounted for almost a third of the cars that were manufactured last year
China – the world’s second largest oil consumer is planning to ban petrol and diesel run cars. According to China’s vice minister for industry, the country has begun relevant research but it is yet to decide when the ban will come into force.
Minister Xin Guobin told Xinhua, China’s official news agency, that the policy is aimed to bring ‘profound changes for our car industry’s development.’
The decision by China could lead to serious ripples in the automobile manufacturing sector as the country is the largest car market on the planet. The country accounted for almost a third of the cars that were manufactured last year.
China is aiming to end its over-dependence on traditional fuels which is a chief reason for pollution and carbon emission.
