policy

China's five-year NEV plan targets 70% of passenger-car sales and 40% of commercial sales by 2030

China has released its 15th five-year plan for intelligent connected new energy vehicles, setting 2030 targets of 70% NEV share for new passenger-car sales and 40% for commercial vehicles. The plan also prioritizes large-scale autonomous driving deployment, supply-chain leadership, and tighter oversight of vehicle and battery capacity.