China will increase annual automobile production to 30 million by 2020 and 35 million by 2025, according to a government development plan released on Tuesday. The automobile industry in China produced more than 28.1 million automobiles in 2016, up by 14.4 percent from the year before, and has ranked first in the world for eight consecutive years. The plan also aims to increase the number of Chinese new energy vehicles from 571,000 in 2016 to seven million by 2025. By 2025, 80 percent of newly-produced cars should be equipped with driving assistance systems, while autonomous vehicles are also expected to… Read more »
AAA
China will increase annual automobile production to 30 million by 2020 and 35 million by 2025, according to a government development plan released on Tuesday. The automobile industry in China produced more than 28.1 million automobiles in 2016, up by 14.4 percent from the year before, and has ranked first in the world for eight consecutive years. The plan also aims to increase the number of Chinese new energy vehicles from 571,000 in 2016 to seven million by 2025. By 2025, 80 percent of newly-produced cars should be equipped with driving assistance systems, while autonomous vehicles are also expected to… Read more »