← Back

Wire · regulatory

China Sets 70% EV Goal for New Car Sales in Five-Year Plan

Published

11 September 2026

Topic

regulatory

Sectors

Micromobility

Geography

China

Source

Read at bloomberg.com

Verified

Fusion42 · 11 September 2026 · Fusion42 review

China has set a target for electric vehicles (EVs) to account for 70% of all new car sales within its upcoming five-year plan, signalling a major policy push to accelerate EV adoption.

This Wire brief sits within Fusion42's coverage of Micromobility.

◆ The Wire takeaway

China's aggressive EV sales target forces automotive startups to fast-track electrification plans or risk losing market relevance. You need to strategise market entry or expansion in China immediately to capture regulated growth demand.

Coverage

1 source · 11 Sep 2026

Related on Wire

Topics

Micromobilitychinaelectric-vehiclesregulationauto-industryclimate-policy