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An electric vehicle is on display at the International Automobile Industry Exhibition in Shanghai in April. (Photo by Akira Kodaka)

China to spur global surge in sales of electric vehicles by 2025

Focus on 'new energy vehicles' could supercharge electric car market

Nikkei staff writer RYOSUKE EGUCHI | China

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.

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