China is considering deadline to go all-electric – a death sentence for the internal combustion engine

Say good-bye to the oil industry.

And the armies and banks that feed off off it.

China is considering deadline to go all-electric – a death sentence for the internal combustion engine

France, the UK, and more recently Scotland, all announced efforts to ban petrol and gas-powered cars in favor of electric vehicles.

While some of those efforts could have a significant impact, none would be greater than if the largest car market in the world, China, would do the same.

Now the Chinese government is also reportedly considering a deadline to go all-electric, which would virtually be the end of the internal combustion engine.


Bloomberg reported that a high-ranking government official confirmed that they are working on the timetable for such a deadline:

[link to electrek.co (secure)]