23 Oct '12, 6pm

Chinese Auto Market Is a Key to Climate Change

Chinese Auto Market Is a Key to Climate Change

Here are two sobering facts for anybody who believes that Global Warming is a real (and manmade) problem for future generations: China’s new car market is approaching 20 million vehicles per year, and could reach 30 to 40 million by 2020. Compare that to a mature market of about 13 or 14 million new car sales in the U.S. If China were to have as many cars per capita as the U.S., the country would have one billion cars on its roads. Last year, China crossed the 100 million-vehicle mark. The country could hit the 1B number in a couple of decades. So, while EV drivers in the United States are going electric in order to reduce domestic oil dependence and cut tailpipe emissions, the growth of the Chinese auto market poses a much bigger threat when it comes to climate change. Today, ChinaDaily.com.cn reports that only 235 electric vehicles were sold in the second quarter of the ...

Full article: http://www.plugincars.com/chinese-auto-market-key-climate...

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