BAIC set to phase out conventional gasoline cars by 2025
By Li Fusheng | China Daily | Updated: 2017-12-12 07:38
Chinese carmaker Beijing Automotive Group Co will phase out conventional fuel-powered cars under its own brand by 2025 as part of its ambitious new energy car campaign, according to a top company official.
"Our goal is to stop sales of self-developed conventional fuel-powered cars in Beijing by 2020 and stop their production and sales nationwide by 2025," said BAIC Group Chairman Xu Heyi.
In addition to its own BAIC-branded cars, the group also has carmaking joint ventures with South Korean carmaker Hyundai and Germany's Daimler AG, owner of the Mercedes-Benz brand.
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