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Feb 21, 2024 · Driven by an expanding middle class, Vietnam has seen the fastest growth in ownership. Between 2015 and 2020, the motorization rate grew by an astonishing 17% each year. Additionally, China witnessed 14% growth while India’s vehicles per 1,000 people increased 10% annually over the period.
- Dorothy Neufeld
Jul 23, 2024 · The United States has the highest vehicle ownership rate in the world, with 910 vehicles per 1,000 people. 62% of households in Australia own two or more vehicles. The average vehicle has 2.28 occupants in the United States. Germany has the highest percentage of diesel-powered vehicles in Europe, at 33%.
List of countries and territories by motor vehicles per capita. China became the world's largest new car market in 2009. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Population figures are from the United Nations Statistics Division unless otherwise specified.
Here’s a closer look at the distribution of cars around the world, as well as a few critical factors that can impact these numbers. Countries with the Most Cars per Capita. Worldwide, Gibraltar has the the highest distribution of cars to people with about 1,444 cars for every 1,000 people.
Oct 17, 2023 · There are approximately 8.1 billion people living on Earth today, so there’s one car for every ~5.75 people. That means that there are enough cars on the road for just 17% of the world’s ...
Aug 10, 2024 · On average, EVs account for 0.8% of passenger cars in the European Union. Driven by an expanding middle class, Vietnam has seen the fastest growth in ownership. Between 2015 and 2020, the motorization rate grew by an astonishing 17% each year. Additionally, China witnessed 14% growth while India’s vehicles per 1,000 people increased 10% ...
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Jul 23, 2024 · The average cost of owning a car in the US is $8,469 per year. The average American drives about 13,476 miles per year. On average, Americans spend 42 hours stuck in traffic each year. The average car is parked 95% of the time. The average monthly car payment in the US is $554. On average, a car is driven only 4% of the time during its lifespan.