Market Report
Learn more about all important trends in the precious metals markets in our market reports on a regular basis.
Latest Issue of the Market Report
No. 34 | 21st September 2026: China’s Five-Year Plan for the auto industry lifts the target for new energy vehicle
Chinese authorities have released the 15th Five-Year Plan for the auto industry. It targets an NEV share of 70% of domestic new passenger vehicle sales and 40% of light commercial vehicle sales by 2030. NEVs include BEVs, PHEVS, EREVs and FCEVs and the government is not promoting BEVs to the exclusion of other powertrains. Its key technology programme calls for breakthroughs in “next-generation internal combustion engines using low- and zero-carbon fuels”, alongside the development of high-temperature resistant, high-power and long-life fuel-cell stacks and engines.
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