The world’s largest automotive market, China, is dropping considerations to have a firm deadline for banning the sales of new gasoline and diesel vehicles, according to policymakers advising the government on car market policies. “Some countries have a policy banning fuel cars and we are against such moves,” the head of the advisory panel, Wang Binggang, said in an interview with several outlets, including Bloomberg . “We don’t want to kill fuel cars,” Wang said, adding that China will incentivize the development and sales of hybrid vehicles to have the fleet at least partially powered by electricity. Countries in Europe, including Norway and the UK, have plans to ban the sale of new gasoline and diesel cars and vans, with the UK currently considering whether to bring forward the deadline to 2035 or even sooner from the current deadline 2040. Market conditions in China, however, are not yet conducive […]