China's EV Penetration Could Reach 80PC by 2030, Sinopec Researcher Says
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
Key takeaways According to a specialist at state energy company Sinopec, the share of electric vehicles (EVs) in China is expected to rise to 75 to 80 percent by 2030, although growth may slow down by the end of the decade. Reuters reports. This continued shift toward electrification is expected to significantly reduce demand for oil […]
China's EV penetration could reach 80PC by 2030, Sinopec researcher says
China’s electric vehicle penetration rate is expected to continue rising, albeit at a slower pace toward the end of the decade, to reach 75 percent to 80 percent by 2030, a researcher at state oil company Sinopec (0386) said on Thursday. The continued growth of the sector is set to curb oil demand in the [...]
The advance of electric cars in China will massively dampen the country's oil consumption in the coming years. E-cars' market share is expected to rise to 75 to 80 percent by 2030, said Fairy Wang, vice president of the research institute of the state-owned oil company Sinopec, at the APPEC industry conference in Singapore on Thursday. In [...]
The advance of electric cars in China will massively dampen the country's oil consumption in the coming years. E-cars' market share is expected to rise to 75 to 80 percent by 2030, said Fairy Wang, vice president of the research institute of the state-owned oil company Sinopec, at the APPEC industry conference in Singapore on Thursday.
China's oil demand is expected to fall by almost a tenth this year, the research institute of the Chinese oil concern Sinopec said in the latest forecast. At the same time, it predicts that refining capacity in the country will fall by more than five percent by the end of this decade. This was reported by Reuters. Research Insh...
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
