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China cannot have more than 110 million cars

fnv74

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Giant petroleum company "Shell" has stopped its Arctic oil exploration. With Oil at $50/barrel, revenues of giant oil companies are down upto 90%. Either they will push crude oil price back to $100/barrel or massive oil exploration projects/work carried out by Giant oil companies will stopped due financial problems.

China has 110 million cars but China's big cities have worst pollution problems. China has target of 200 million cars by 2020. Some 10,000 cars were destroyed in China's Tajuin seaport's massive explosion in July 2015.

Audi says 2.1 million of its diesel cars worldwide have software that can cheat emission norms. In total Volkswagen's 3.3 million cars are involved in "cheat software" scam.

Cars, SUVs and jeeps used by ISIS are from Toyota company. There are many videos on the internet of ISIS entering or moving in Iraq sand Syria in fleet of 200 to 500 cars and SUVs. If ISIS and ISIL buy vehicles then Toyota has earned lots of money from terrorists and criminals. I think Taliban and Al-qaeda also use Toyota vehicles.
 
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I would agree if this was the 70's and 80's when the average car got 14 MPG, but now with eletric cars that can get over 40+MPG and better tech China should have no problem.


if China can do what Elon Musk is doing with Gigafactory and develop more breakthrough with storage and recharging. China could sustain massive growth in vehicle ownership.

plus they could outsource it's pollution form the highly populated East to the sparsely populated West. think closing down coal plants for more hydro more nuclear,wind,solar. and natural gas.
 
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China cannot have more than 110 million cars

:)
2014 Statistics | OICA
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I believe a number of Chinese car companies are going green with their latest models, there's no need to worry.
 
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Last year,about 23m passenger autos were sold in china.
In 2020, about 50m passenger autos will be sold in china.
 
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