Bloomberg reports:

Xin Guobin, the vice minister of industry and information technology [MIIT], said the government is working with other regulators on a timetable to end production and sales [of fossil-fuel powered vehicles]. The move will have a profound impact on the environment and growth of China’s auto industry, Xin said at an auto forum in Tianjin on Saturday.

This is, no doubt, a major announcement. China is the world's largest market for light-duty vehicles (LDVs; cars and light trucks), so the impact will be greater than that of earlier statements from governments in the UK and France. On …

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