Quote:
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Sales of new energy vehicles (NEV) in China, the world's biggest auto market, will jump to 20 percent of overall new car sales by 2025 from just 5 percent now, and to 50 percent by 2035, the China Society of Automotive Engineers (China-SAE) said. The association also predicts 95 percent of NEV sales in 2035 will be full--electric vehicles, while hybrid vehicles will make up the rest, China-SAE president Li Jun, told its annual conference in Shanghai on Tuesday.
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https://europe.autonews.com/automake...s-2025-50-2035
NEV are PHEV, Fuel Cell and full electric. So if China thinks they will be at 20% by 2025, The global target of ~25% by 2030 seems entirely within reach, given China's size.