China's 2040 Vision: EV, Autonomy, and Industry Roadmap

The source provides excerpts from a report titled "Visione Automobilistica Cinese: EV e Autonomia 2040," detailing the ambitious future plans of China's automotive industry through its "Energy-Saving and New Energy Vehicle Technology Roadmap 3.0." This roadmap, released by the China Society of Automotive Engineers (CSAE), outlines several key targets for the industry up to 2040, including achieving over 80% new energy vehicle penetration and the full popularization of Level 4 (L4) autonomous driving. Furthermore, the document projects that the automotive industry’s carbon emissions will peak by 2028 and decrease significantly thereafter, while also asserting the goal of making China a global hub for original innovation in automotive technology. The source emphasizes a shift toward both advanced product technology and intelligent manufacturing, confirming that while electric vehicles will dominate, hybrid vehicles utilizing internal combustion engines will still account for about one-third of new passenger vehicle sales by 2040.