BEIJING -- China is raising its 2025 nationwide sales target for "new-energy vehicles," giving carmakers eager to expand in the world's largest auto market further incentive to work on their zero-emissions offerings.
A proposal from the industry ministry on Tuesday calls for the category -- which includes electrics, plug-in hybrids and fuel cell autos -- to make up 25% of all new vehicles sold in 2025, up from just 4% in 2018. China two years ago set a target for 2025 of at least 20%.
