China targets NEVs to make up 30% of car fleet by 2030
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China is reportedly aiming for new energy vehicles (NEVs) to make up 30% of its car fleet by 2030. This goal is part of the country's efforts to reduce its climate emissions, with some outlets suggesting it is a landmark pledge, while others express skepticism about the country's ability to meet its climate targets. The impact of this goal on the global auto industry, particularly in europe, is also being discussed, with some expressing concern about the potential consequences for european electric vehicle manufacturers.
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