Hainan plans to ban new combustion cars by 2030, aiming for 45% new energy vehicles, surpassing China’s national target of 30%.
All the top ten bestselling cars in China in May 2026 were new energy vehicles
In May 2026, China saw all bestselling cars as new energy vehicles, signaling a shift in the automotive market despite declining sales.
Viewpoint: Where are the cheap electric cars?
Many people believe electric cars are too expensive, but the full cost of traditional cars isn’t considered. Western car companies prioritize luxury EVs, leaving affordable options to China. However, cheaper EVs are on the horizon.