Context – Chinese Vehicles Market
{"Image DocumentName": "Context \u2013 Chinese Vehicles Market", "Image ImageDescription": "Chinese market will be catching up on Western levels \u2013 further extreme growth expected. Highest global sales of passenger vehicles as of Sales more than doubled within 3 years. ~ 13.7 million new passenger vehicles in Further growth expected, especially for lower-margin subcompact and compact cars Vehicle Sales (\uf06eTotal/ \uf06e Passenger Vehicles. \uf06e Commercial Vehicles) The booming market for passenger vehicles and the further expected growth especially for subcompact and compact cars opens opportunities for electric vehicles. At the right price electric vehicles could be preferred over conventional cars. Slide 32 presents detail concerning the requirements for this market entry. Sources: China Energy Statistical Yearbook. iCET.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}