Recently, Hainan released the "15th Five-Year Plan for the Hainan National Ecological Civilization Experimental Zone (15th Five-Year Plan for the Construction of Beautiful Hainan)"(hereinafter referred to as the "Plan").

The "Plan" proposes to create a green business card for transportation in Hainan Free Trade Port. We will steadily advance the ban on the sale of fuel vehicles in 2030. By 2030, the proportion of clean energy newly added and replaced vehicles (excluding special purposes) in the province's public services and social operations, and the proportion of new energy newly added and replaced vehicles in the private vehicle sector will reach 100%, and the vehicle-to-pile ratio will remain below 2.5:1.

According to the quantitative targets set out in the "Plan", it is expected that the proportion of new energy vehicle ownership in Hainan will increase from 23.75% in 2025 to 45% by the end of the "15th Five-Year Plan".

Source: China Economic Network

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