Chongqing Changan Automobile Co. will stop sales of internal-combustion vehicles in 2025 as China presses ahead with efforts to cut pollution caused by fossil fuels and promotes the use of environmentally friendly vehicles. The Chinese automaker plans to invest more than 100 billion yuan ($15 billion) through 2025 to accelerate its electric-vehicle strategy, it said in an Oct. 19 statement on its website. It expects to create three new-energy vehicle platforms by 2020.
展开▼
