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| In Japan, the share of electric vehicles is expected to increase to 55 percent in 2030, Boston Consulting Group said in a report on prospects for battery-powered cars. (File photo by=Business Standard) |
[Asia News Communication = Reporter Reakkana] Japan's government is considering banning sales of new petrol-engine cars by the mid-2030s in favor of hybrid or electric vehicles in line with a global shift from traditionally powered cars, public broadcaster NHK reported on Thursday (Dec 3).
The move would follow Prime Minister Yoshihide Suga's pledge in October for Japan to slash carbon emissions to zero on a net basis by 2050 and make the country the second G7 nation to set a deadline for phasing out petrol vehicles in a little over two weeks. Japan's industry ministry will map out a plan by the year-end, chief government spokesman Katsunobu Kato told a news conference on Thursday.
The ministry is considering requiring all new vehicles to be electric cars including hybrid vehicles, NHK reported earlier, adding the ministry would finalize a formal target following expert-panel debates as early as the year-end. In Japan, the share of electric vehicles is expected to increase to 55 percent in 2030, Boston Consulting Group said in a report on prospects for battery-powered cars. Globally, "the speed of expansion of the share of electric vehicles will accelerate due to the fact that battery prices are falling more rapidly than previously expected", Boston Consulting said in the report.
