Electric vehicles on the fast track
The market share of electric automobiles is expected to reach 30 percent of China's total vehicle sales by 2030, thanks to fast growth momentum due to technological breakthroughs in fuel cells, the car-sharing economy and the younger generation's green lifestyle, industry officials said on Wednesday.
Wan Gang, chairman of the China Association for Science and Technology, said as the mileage of electric vehicles in China is still relatively limited, the country will deploy more resources in the research and development of fuel cells to improve the endurance capacity of batteries.
"We will also strengthen the safety and innovation capacity of charging technologies in infrastructure construction, as well as seek adequate measures to optimize subsidy policies to encourage more consumers to purchase electric vehicles to cut the environmental impact caused by gasoline," said Wan, who also is China's former science and technology minister.