Chinese five-year plan to see expansion of EVs
Plan will focus on uptake beyond the largest and wealthiest cities, so consumption of petrol and diesel may peak mid-decade
China’s economic agenda for this year suggests the world’s biggest market for electric vehicles (EVs) will focus on driving greater uptake in smaller cities while building infrastructure to ease consumer concerns about range anxiety. EV-friendly policies for 2021, announced by Premier Li Keqiang last Friday in the Chinese government’s annual work report, included adding more charging facilities and abolishing “unreasonable restrictions” on the sale of used vehicles. More car parks and battery-swapping facilities will be built, while battery recycling systems will be developed at a faster pace, as part of efforts to promote wider use of EVs, said Li. EVs have formed a critical part of B

Also in this section
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
30 April 2025
State administrations are using a flawed metric to justify green energy projects
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids