TOKYO -- With China planning to impose a deadline to end production and sales of gasoline and diesel vehicles and focus on "new energy vehicles," 2025 could be a watershed year for global sales of electric cars.
In April, China released a plan for its auto industry to increase sales of new energy vehicles(NEV) -- mainly electric cars(EV) and plug-in hybrids(PHV) -- from 500,000 last year to 7 million in 2025, nearly double the previous target.
