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China is banning traditional auto engines. Its aim: electric car domination – LA Times

China plans to ban new vehicles powered by gasoline and diesel engines. The implications for the global auto industry run deep.

The move is spun as an environmental story. But it’s a major economic story as well.

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China will set a deadline for carmakers to stop selling cars that run exclusively on gasoline or diesel fuel. The news was announced over the weekend by Xin Guobin, the country’s industry and information technology vice minister.

No date was given, but earlier this year Great Britain and France each vowed to implement such a ban by 2040. Several other European countries and India have announced their own versions, pressured in part to reduce greenhouse gases under the international Paris accord on climate.

More www.latimes.com/business/autos/la-fi-hy-china-vehicles-20170911-story.h

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