China’s banning new factories that only make fossil-fuel cars — Quartz

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Now, China has rolled out rules that basically nix investment in new fossil-fuel car factories starting next year.

The National Development and Reform Commission, China’s top economic planner, said at a press conference (link in Chinese) on Tuesday that from Jan. 10, the country won’t allow new companies that only make such vehicles to be set up.  The new rules (pdf, link in Chinese), which were published last week, come after the body announced major changes to auto industry investment policy in May.

via China’s banning new factories that only make fossil-fuel cars — Quartz

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