China Wants More Than 10 Million EV Parking Spots By 2020

Bertel Schmitt
by Bertel Schmitt
china wants more than 10 million ev parking spots by 2020

Here is some good news for all of those who are afraid that China’s ravenous appetite for cars will drive the cost of gasoline to obscene levels. The Chinese government is seriously attacking the infrastructure conundrum that plagues EVs: By 2020, China wants to have at least 10 million car parking spots for electric vehicles.

“The government is working on a plan — and I think it will be announced very, very soon — and is basically calling for having, in 10 years, electric car parks of 10 million units or above,” Wang Dazong, president of Beijing Automotive Industry Holding Co (BAIC), told Reuters. As BAIC is owned by Beijing, Wang should know what he is talking about. BAIC expects its own ratio of electric cars to be around 5 percent by 2020.

An unnamed industry executive told Reuters that China will focus on pure electric vehicles, and move away from gasoline-electric hybrids or hydrogen fuel-cell vehicles.

Chinese can get incentives of up to $18,000 if they buy an EV in certain cities, but, as BYD can attest, the take-up has been anemic.

Once EVs take off en masse in China, where will all the power come from? China’s abundant coal provides about 70 percent of the country’s electricity. And it doesn’t make the air cleaner by doing that. China has started a big drive into hydropower and, to a lesser extent, wind, gas and nuclear. At the end of the day, it will most likely be the latter that powers all those cars.

Now back to the fears of expensive gasoline: By 2020, Chinese car sales are expected to be 40 million a year, nearly 60 percent of today’s global car production. If 5 percent of those get powered from the grid, there still will be 38 million a year that consume gasoline. If there will be any left.

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  • RHD Too bad Ford axed the Mercury brand. There must be pallets and crates of old Mercury badges just sitting around that they could use.
  • RHD Will they allow Shell gasoline to fuel their cars, or only Chevron?
  • RHD No manual transmission available? No dice. At least you can swap out the wheels to allow for more than an inch of sidewall.
  • Master Baiter Great car. Too bad you can't find one, anywhere. They are made in Germany, which happens to be in a state of turmoil due to Biden's proxy war.
  • RHD The initial asking price is excessive by a power of ten. By the author's own words, it's slow, wallowy, has lousy steering, cramped back seats, and is based on the Torino. It has only 29,000 miles because no one ever wanted to drive this barge. Anything would be better than this outdated land yacht. To call it "mediocre" would be a compliment. 15 grand can buy a hell of a better vehicle than this heap from the days of poor build quality, half-assed emissions equipment, excessive thirst and warmed-over, obsolete equipment. Ford should be ashamed for building this junk, which would embarrass anyone owning it. The seller is hoping and praying that some incognizant drunk will accidently hit "buy it now" at three in the morning.