China's New 5-Year Plan Targets 70% Plugin Vehicle Sales by 2030 — Already Hit 61% in August

China has unveiled its 15th five-year development plan for plugin vehicles, setting a goal of 70% of new vehicle sales being “new energy vehicles” by 2030. The plan signals Beijing’s continued push to electrify its fleet, and the numbers suggest the target is within reach. In August alone, plugin vehicles accounted for 61% of sales, a strong indicator that the market is already well on its way.

For context, this level of adoption far outpaces the United States, where plugin vehicles still make up a single-digit share of total sales. China’s aggressive targets and supportive policies have created a market where EVs and plug-in hybrids are increasingly the default choice for buyers, not a niche alternative.

The plan doesn’t just set a headline number; it likely includes measures to expand charging infrastructure, improve battery technology, and encourage automakers to phase out purely fossil-fueled models. If the trajectory continues, China could reach its 70% goal ahead of schedule, further cementing its lead in the global EV transition.