08.08.2015   Second Generation Biofuels and Biomass

Staggering Car Sales Numbers

In 2011, a total of 18.5 million passenger cars were sold in China and the expectations for 2012 are a 10% growth. Volkswagen has sold 2 million cars in China and plans to double its capacity by 2015. Bentley stated that China is now its

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Year 2003 Year 2004 Year 2005 Year 2006 Year 2007 Year 2008 Year 2009

Figure 12.1 Total energy consumption in China (million tonnes of standard coal equivalent}. Source: Mother Earth Investments AG Research,

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Figure 12.2 Top 10 net oil importers (million barrels per day 2009). Source: Energy Information Administration, Short Term Energy Outlook, 2010.

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Consumption ———— Production

Figure 12.3 The gap between oil production and oil consumption in China is widening (million barrels per day). Source: Energy Information Administration, Short Term Energy Outlook, 2010.

biggest market. GM also sold 2 million cars in China and targets sales of 5 million cars by 2015 (Figure 12.6).

After the United States, China has the second longest highway network in the world. Presently, there are around 75 million cars on the road in China. China currently shows a ratio of 60 people per motor vehicle, compared with a world average of 11.5, indicating huge growth potential for the Chinese market. Car

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Подпись: Figure 12.4 China as the dominant commodity consumer: primary energy consumption. Source: Energy information Administration, international Energy Outlook, 2011,

Figure 12.5 China’s share of global commodity consumption (%), Source: UN Food and Agricultural Organization, 2008, and international Monetary Fund, 2010,

companies like BMW and Mercedes are selling more of their luxury cars in China today than in their domestic German market. It is expected that by 2020 around 200 million vehicles will be on the road. In Beijing alone there are 5 million cars, causing a shortage of parking spaces. If you buy a car in Shanghai you must participate in a license plate auction and bid for a license. Shanghai auctions off 5000-10 000 license plates a month and the latest successful bids in 2012 were

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2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Figure 12.6 Car sales in China 2010 (million units}. Source: US Department of Energy,

averaging over $10 000. One hundred and twenty new models were presented at the 2012 Beijing auto show. China plans to have at least 5 million electric and hybrid cars on the road by 2020.

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