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China’s car ownership will be over 200 million in 2020. Car sales in China rose 45 percent in 2009 to 13.79 million units. There are about 76 million cars in China at the end of 2009.
It is more likely that China will add 15-25 million cars per year from 2010-2020. So it is more likley that China will have 225 to 300 million cars by 2020.
Clearly it would be best if as many of those cars as possible were very light electric vehicles.
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.