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I just calculated that if the number of vehicles per person in China reaches the level of, for example, the UK--by no means the most "vehicle-rich" country in the world, what with its public transportation system and high vehicle taxes--then China would become home to somewhere in excess of 6 billion vehicles, versus the 150 million vehicles in China today. Remember the smog before the Olympics?
To put it a different way, China would have three times the number of vehicles in America today. And if the Chinese "achieve" American levels of vehicle density, we could be looking at 5 times as many cars in China as there are in America. Sales opportunity for the car makers or death sentence for the planet?
Happy New Year!
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