China has taken the throne of the world's new energy vehicle sector, due to booming domestic demand for such cars and its evident expansion in battery production.

The authorities have put forward a comprehensive framework to force manufacturers to meet aggressive sales targets for electric vehicles and plugin hybrid electric vehicles of 7 percent in 2020 and 19 percent in 2025.

The new framework also sets an average fuel consumption target of 4 liters per 100 kilometers for new passenger vehicles by 2025, and 3.2 liters per 100 km by 2030.