CHINA MAKING MOVES ON BANNING PETROL AND DIESEL CAR

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The world’s biggest car market,plans on banning the production an sales of diesel and petrol cars and vans,in the years to come.

Chinese vice minister of industry said that it had started “relevant research” but that it had not yet be decided on when in particular will the van come into force.

Those measures will certainly bring profound changes for Chinese car industry’s development”, xin Guobin told Xinhua,China’s official news agency that China made 28 million cars last year,almost a third of the global total even both the UJ and the France have already announced plans to ban new diesel and petrol vehicles by 2040,as part if the efforts to reduce pollution and carbon emissions.even the chinese-owned carmaker Volvo said in July that all it new car models is going to have an electric motor from 2019.Geely,Volvo’s Chinese owner,aims to sell one miiiion electric cars by 2025

Another global car firms including Renault- Nissan,Ford and General motors are all working to the point of developing electric car in China.  Automakers are jostling for a slice if the growing Chinese market ahead of the introduction of new rules which is designed to fight pollution.

China is in need of electric battery cars and plug- in hybrids to account for at least one-fifth of it’s vehicle production or sales by 2025.this proposals would require 8% of the automakers sales to be battery electric orplug-in hybrids by the coming year,rising to 12% in 2020.

Xin predicted the change would create a lot of “turbulent times”in the industry.at large.

The shift will also have a knock or effect on oil demand in china.the country is currently the work’s second-largest oil consumer after the US.

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