Joining UK & France, China also considering future ban of petrol & diesel vehicles. #signalofchange @FuturesCentre https://t.co/TG1jOkplPP
This signal was also spotted by Rebecca Lawson.
China is mulling a ban on cars that run on fossil fuels, Xinhua news agency reported on Monday. In a move to both clean up its notoriously bad air in Beijing and Shanghai, and promote the development of "smart cars" and electric vehicle makers like BYD, the central planners of Beijing are likely thinking that bans on gas guzzlers will entice more electric vehicle production and its related infrastructure like plug-in charging stations at gas stops.