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What percentage of the world's car-owning population lives in the USA? I own 6 cars, myself.
by throwaway201103 6y ago
What percentage of the world's car-owning population lives in the USA?
I own 6 cars, myself.
- ineedasername 6y agoFor the purpose of this discussion where we're really talking about purchasing a car, it may be more useful to look at annual car purchases rather than estimates of world-wide car ownership. Roughly 80 million cars are sold each year [0] Roughly 18 million cars are sold in the US each year [1] So the US encompasses about 22.5% of annual car sales. That seems significant enough to consider the US in this context as a major factor for the impact US adoption of EV's would have in the market. [0] https://www.cnbc.com/2019/11/25/global-car-sales-expected-to-slide-by-3point1-million-this-year-in-biggest-drop-since-recession.html#:~:text=Global%20passenger%20car%20sales%20fell,77.5%20million%20new%20vehicle%20sales https://www.cnbc.com/2019/11/25/global-car-sales-expected-to....] [1]