Oil and Gas Markets to 2025 - LUKoil
... biggest growth in transportation is unsurprisingly occurring in the developing part of the globe where figures will roughly triple from the current level. China will lead the way with the number of cars per 1000 people rising from only 40 to 200 by 2025 – amazingly this equates to a 220 million rise in vehicle numbers. At this pace China will have more vehicles either than North America or Europe. Moreover, an interesting analysis can be drawn from the GDP/vehicle statistics. The Chinese car boom begun when its GDP per capita surpassed the $5,000 threshold and it is expected to carry until ~$27,000 when many will own cars and sale figures ...