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China's Green Vehicle Roadmap 3.0: Targets over 80% NEV Penetration by 2040

6 months ago
  • #automotive
  • #sustainability
  • #technology
  • Roadmap 3.0 released by China Society of Automotive Engineers on October 23, guiding China's automotive industry towards 2040 with a dual-driver strategy of 'product technology' and 'manufacturing technology'.
  • Three major transformation directions: low-carbonization, electrification, and intelligentization.
  • Six major goals for 2040: NEV market penetration >80%, carbon emissions peak by 2028 and decrease by 60% by 2040, L4-level intelligent vehicles fully popularized, and L5-level technology entering the market.
  • Internal combustion engines to remain important; by 2035, traditional energy passenger vehicles will achieve full hybridization.
  • Commercial vehicles to focus on fuel cell applications, with 4-5 million units by 2040.
  • Intelligentization goals: vehicles as 'smart mobile spaces', L2+ autonomous driving fully popularized by 2030, and L4 operational vehicle sales reaching hundreds of thousands.
  • Smart manufacturing technology cluster introduced, aiming for quality, efficiency, cost, and low-carbon goals by 2040.
  • New 'average carbon emission intensity' indicator targets 60% reduction by 2040 compared to 2024.