September 11, 2012

2012: 1 car for every 7 people on Earth

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We all know that passenger vehicles are one of the largest greenhouse gas contributors. As we push for electric and hybrid vehicles, as well as increased fuel economy, the rise in the number of cars globally is increasing dramatically.

According to the Worldwatch Institute:

Rising sales translate into ever-expanding fleets. An estimated 691 million passenger cars were on the world's roads in 2011. When both light- and heavy-duty trucks are included, the number rises to 979 million vehicles, which was 30 million more than just a year earlier. By the end of 2012, the global fleet could top 1 billion vehicles----one for every seven people on the planet.

Electric vehicle (EV) production remains at barely perceptible levels. Although several countries have issued targets for future EV fleets, it remains to be seen whether these goals can be met. China, for instance, wants to put 5 million plug-in hybrid-electric and fully electric vehicles on its roads by 2020----which could account for more than 40 percent of the global EV fleet that year. An analysis by Deutsche Bank Climate Advisors, however, suggests that production of 1.1 million EVs and a fleet of 3.5 million in China is a more realistic projection.

Unfortunately, of the 76.8 million passenger vehicles on the road in 2011 (not including light trucks), hybrid vehicles only account for 2% of all cars.

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Posted by Jennifer Lance at September 11, 2012 9:49 AM

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