Having long since reached saturation in their main citadel of car-pushing, what do the corporate capitalists have in store for transportation arrangements in China?
According to Yang Jian, Managing Editor of Automotive News China, present trends suggest that China will have somewhere between 200 and 300 million cars in operation by 2030.
If electric cars become cheap enough, it could be far worse:
Their influence could be profound.
Electric cars, for example, are prohibitively expensive today. Yet given advances, they could become affordable to the mass of consumers tomorrow.
If that were to happen, the many millions of people riding electric bicycles could switch to electric cars. That would boost vehicle ownership to a level that is now unimaginable.
Something to think about the next time you’re tempted to swallow the notion that inexpensive electric cars are a good thing for anybody but corporate investors.