Thursday, December 18, 2025 | 03:28 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

How China's anti pollution policy is spurring another horse-to-cars moment

President Xi Jinping's administration is implementing production quotas for new-energy vehicles

Aston Martin CEO Andy Palmer expects half of car sales to be fully hybrid by 2020
premium

Aston Martin CEO Andy Palmer expects half of car sales to be fully hybrid by 2020

Bloomberg
China’s policies to cut pollution is driving a rapid move toward electric vehicles in the world’s biggest market and causing an upheaval in the global auto industry, Aston Martin Holdings  Chief Executive Officer Andy Palmer said.

“This whole show is revolving around what they call new energy vehicles, but Chinese policy is very much driving the move towards electric cars and certainly Aston has to go with that flow,” Palmer told Bloomberg Television in an interview at the Beijing auto show on Wednesday. “We’re probably in the biggest change in the automotive industry since we moved from horse to car.”

President Xi