China wants 10% of cars ’emissions free’ by 2013. The following Australian article assumes lithium battery cars. That replacement rate is slower than the normal western replacement statistics (China’s 100% in 30 years when we turn over our fleet in about 16 years) but still quite impressive.
As world leaders at Copenhagen hammered out plans to reduce emissions, Mr Tan said, China’s decree that 10 per cent of its vehicles must be emission-free by 2013 would drive world demand for lithium.
“China is not a free market and when the government says something is going to happen, everyone toes the line.
“When they say 10 per cent of vehicles are going to be emission-free, a lot of the cities are now moving towards it,” Mr Tan said.