Executives of China-based auto manufacturer Chongqing Changan Automobile have revealed that the company will stop selling non-electric cars from 2025 onwards. Before, only Zhejiang Geely, owner of Volvo, had unveiled similar plans in China. Furthermore, Chongqing Changan will invest more than 100 billion yuan ($15.10 billion) in the same time frame into the new energy strategy of the company.
“This comes at a time when carmakers globally are grappling with Beijing’s plans to shift away from petrol-engine cars to newer, less polluting technologies — a trend that is creating one of the most seismic shifts the automotive industry has gone through,” Reuters provides.
CleanTechnicaWhy not share this article?
