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China considers ban on conventional fossil-fuel-powered cars

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Report summary

On 9 September 2017, Guobin Xin, vice minister of China's Ministry of Industry and Information Technology, said the government is studying the timeline to phase out the production and sale of conventional fossil-fuel-powered cars. While Xin’s speech adds fuel to the ICE debate, the statements lacked a definite timeline or a clear definition of cars being targeted. As such, our outlook on EVs in China remains unchanged until more specific policy measures are established.

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