China's 70% EV Target, NSW Hits 150k, and a Battery Breakthrough

China aims to have 70% of all passenger car sales be electric or hybrid by 2030, a target that could be reached even earlier as the market already hit 61% in August. The ambitious goal, laid out in the country's 15th five-year plan for the automotive industry, also targets 40% of new commercial vehicle sales to be electric by the same year. With China's new energy vehicle share already surpassing expectations, the plan signals...