BREAKING NEWS

BREAKING NEWS

BYD expects all vehicles in China to be completely electrified by 2030

Now Reading:

BYD expects all vehicles in China to be completely electrified by 2030

Text size Aa Aa

SHENZHEN (Reuters) – Chinese automaker BYD Co Ltd expects all vehicles in the country, including private vehicles, to be completely electrified by 2030. Over 20 cities in China will begin building BYD sky rail next year, the company’s president, Wang Chuanfu, told reporters at a briefing in Shenzhen on Thursday. BYD’s first sky rail project was launched in China’s northwestern city of Yinchuan at the beginning of this month. He also said China needs to sell 2.5 million vehicles in 2020 to meet its 2020 new energy vehicle target of accumulated sales of up to 5 million units.

(Reporting by David Stanway)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.