Japan will soon join the growing list of countries set to ban sales of new gasoline-engine cars.
Prime Minister Yoshihide Suga wants to accelerate the decarbonization of the automobile industry as part of the country’s climate goals.
Electric and hybrid cars currently account for about 29% of the country’s 5.2 million new registration.
This would lead to a decline in gasoline demand, depending on the number of hybrid cars, as they are partially based on gasoline.
The country’s upcoming plan for cleaner vehicles is part of a global trend of reducing sales of diesel cars.
China, the largest vehicle market in the world, has already announced a plan to phase out sales of conventional by 2035.
The UK also set a goal for 2030, while France and Singapore hope to achieve this by 2040. »