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Beijing becomes latest Chinese city to ban petrol cars from joining ride-hailing platforms
Beijing has banned the acceptance of new gasoline vehicles on ride-hailing platforms since July 20, with only EVs accepted.
The country's capital city, Beijing, has banned the acceptance of new gasoline vehicles on ride-hailing platforms since July 20, according to a report today by China Automative News, an affiliate of the People's Daily. As more and more cities ban gasoline vehicles from ride-hailing platforms, the industry is set to accelerate into the era of electrification, the report by China Automative News notes. Some carmakers are ramping up their focus on the ride-hailing market, such as Changan Automobile's launch of the battery swap-enabled Oshan 520 electric sedan with CATL(SHE: 300750).
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