https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Tuesday, August 25, 2026
The Genius Media NG
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media NG
No Result
View All Result

China set embargo on diesel, Petrol cars..planning for more electric vehicles

Tgmedia by Tgmedia
September 10, 2017
in Technology
0

RelatedPosts

BREAKING: MTN Must Leave Nigeria As We Are Ok With GLO And AIRTEL [VIDEO]

BREAKING: Government Announces Ban On Social Media For Under-16s

Opay Partners Dolly Children Foundation To Commission Clean Future Project In Ogun State

Chinese authority says plans are in the pipeline to ban the production and sale of diesel and petrol cars and vans.

The country’s Vice Industry Minister Xin Guobin, said the plan had started with “relevant research” but that it had not yet decided when the ban would come into force.

Guobin told the China’s official news agency Xinhua, that the measures in place would bring profound changes in China’s car industry’s development considering that the country had become the world’s biggest car market.

China made 28 million cars last year, almost a third of the global total.

Both the UK and France have already announced plans to ban new diesel and petrol vehicles by 2040, as part of efforts to reduce pollution and carbon emissions.

Chinese-owned carmaker Volvo said in July that all its new car models would have an electric motor from 2019.

Geely, Volvo’s Chinese owner, aims to sell one million electric cars by 2025.

Other global car firms including Renault-Nissan, Ford and General Motors are all working to develop electric cars in China.

Automakers are jostling for a slice of the growing Chinese market ahead of the introduction of new rules designed to fight pollution.

China wants electric battery cars and plug-in hybrids to account for at least one-fifth of its vehicle sales by 2025.

The proposals would require 8% of automakers’ sales to be battery electric or plug-in hybrids by next year, rising to 12% in 2020.

Xin predicted the change would create “turbulent times” in the industry.

The shift will also have a knock-on effect on oil demand in China. The country is currently the world’s second-largest oil consumer after the U.S.

NAN

Share this:

  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Reddit (Opens in new window) Reddit
  • Share on Tumblr
  • More

Like this:

Like Loading…

Related

Previous Post

GTBank Launches Fourth Mobile App, for *737# Mobile Banking Services

Next Post

El-Rufai : I’m Praying For Nigeria’s Oil To Dry Up

Related Posts

News

BlackBerry Messenger (BBM) Is Shutting Down For Consumers On May 31

by Tgmedia
April 18, 2019
0

The consumer-facing version of the BBM will be shutting down on May 31, 2019, as the end of the once...

Read more

JUST IN: Rave Reviews Trail UBA’s Innovative Mobile Banking App

June 8, 2020

Federal Government to boost transport sector with locally-made keke Napep

June 30, 2018
Next Post

El-Rufai : I’m Praying For Nigeria’s Oil To Dry Up

ADVERTISEMENT

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from The Genius Media NG

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d