China Plans to Stop Gasoline and Diesel Cars
- Tweet
Send to Kindle
Source: Twitter
China joined France and the UK, announcing plans to end sales of gasoline and diesel cars, according to Associated Press.
The Chinese Ministry of Industry is developing a schedule for stopping the production and sale of cars with traditional fuel and will encourage the development of electrical technology, state media reported today, citing a government official. The target date is not stated, but Beijing is stepping up the pressure on car manufacturers to accelerate the development of electric cars. China is the world's largest car market, which gives every change in its policy a huge impact on the global industry. Beijing supports electrical development with billions of dollars of subsidies for research and incentives for buyers, but it is going to switch to a system that will shift the financial burden on carmakers.
According to the proposed quotas, electric and hybrid petrol-electric vehicles should account for 8 percent of every car manufacturer's output next year, 10 percent in 2019 and 12 percent in 2020. Those who fail to meet their goal can buy credits from competitors with surplus.
Up to 90% of Construction and Renovation Workers in Bulgaria Work Illegally
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
Bulgaria Warns Milk Prices Fall While Production Costs Surge, Minister Tells EU
Bulgarian Agriculture Minister Ivan Hristanov has said that milk prices in Bulgaria are falling for consumers while production costs for farmers continue to rise, creating increasing pressure on the sector.
Bulgaria Faces Surge in Labor Costs: Real Estate and Construction Hit Hardest in 2025
Bulgaria saw a sharp rise in labor costs at the close of 2025, with total employer expenses per hour worked increasing by 13.9% in the fourth quarter compared to the same period in 2024, according to preliminary figures from the National Statistical Insti
Why Some Midlands Factories Still Rely on Clipboards During Peak Season
Each December, several factories across the Midlands manage their busiest weeks with clipboards in hand.
Channelisation vs. Black Market: What Germany’s Gambling Data Reveals About Regulated Digital Markets
Germany’s online gambling market has become one of the most closely observed case studies in digital regulation.
Data Transparency and Trust in the Evolving Casino Economy
The digital age has fundamentally reshaped nearly every industry, and the gambling sector is certainly no exception.
