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11 Sep
11:51

China plans to ban petrol/diesel car production, sales

China is drawing up a schedule for phasing out the production and sale of fuel-based vehicles, according to the deputy director of the Economy & Information Commission (EIC), Xin Guobin. EIC also says it has created a points system to manage the ratio of fuel vehicles to new energy vehicles production at carmakers. Currently, most steel demand from the automobile sector comes from diesel- and petrol-based vehicles. It is still unclear how the phasing out of …
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