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China sets 2030 as the end of ICE Auto's Country Wide


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G. David Felt - Staff Writer Alternative Energy - www.cheersandgears.com

China sets 2030 as the end of ICE Auto's Country Wide

Lithium Race- The Big Numbers - Electrifying China..jpg

China has chosen to lead the world rather than follow the first industrial revolution by not only holding themselves accountable to the Paris Accord on Climate Change, but to ban all sales of ICE Auto's starting in 2030. This mean that 2029 will be the last year one can buy a petrol powered auto in China. Now this covers a wide range as China says this will be applied to cars, trucks, SUV's, CUV's, Motorcycles, Mopeds, transport trucks, buses, etc. 

This has geopolitical and business economic muscle written all over it and as such will see over the next 12 years a big change happen at companies. This also speaks big of China and their massive mineral deposit control they have on items such as Lithium, cobalt, etc.

Honda has announced this weekend that the market for their newest EV will be China first before the US or any place else. This new EV auto will go on sale some time in 2018. Many other auto companies have paired up with Chinese auto companies to build and supply the local market with EV's. VW is now going to roll out their first mass produced EV in China first followed by Europe and the US then onto the rest of the world as regional support grows. 

Paris and the UK have stated 2040 as the start of banning ICE auto's from sale which China is doing 10 years sooner. It would appear that as has been stated before, not if but when it happens, it will be a monumental shift in the market. Auto replacing the Horse was no different in being a huge change for humans.

IMF Electric Cars JUly 2017.jpg

Supporting Percentage of EV sales

Norway already has a 29% share of electric cars sales;
Netherlands - 6.4%; 
Sweden - 3.4%; 
China, France, UK - 1.5% (each);
U.S. - 1.4%.

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