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Toyota Car Sales Plunge In China In Sept On Semiconductor Shortages

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“To achieve these targets speedily and steadily, in China, after 2030, Honda will no longer introduce any new gasoline-powered fashions and can electrify all new fashions coming to market,” it stated on Wednesday. Globally, Honda has stated it wants to have EVs or fuel-cell automobiles comprise 40{3bfdc6388b67058ebf31f91cad8534fc6eadf969a34f41b0290e9edbf0628986} of general sales by 2030, 80{3bfdc6388b67058ebf31f91cad8534fc6eadf969a34f41b0290e9edbf0628986} by 2035 and 100 percent by 2040. Still, EVs in China are on a steep growth trajectory. Figures from the nation’s Passenger Car Association showed deliveries of new-energy automobiles, which incorporates EVs and plug-in hybrids, soared 202{3bfdc6388b67058ebf31f91cad8534fc6eadf969a34f41b0290e9edbf0628986} from a 12 months earlier to 334,000 units final month. …

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