European Automobile Manufacturer’ Association quote the EU car fleet at 257 million at the end of 2018.
McKinsey suggest, conservatively, approximately 120 m EVs will be on the roads of China, USA and EU by 2030.
ACEA puts per capita ownership in EU at 587 per 1,000 people compared with 173 in China.
If it settled at half the EU rate that would equate to 407 million cars in China, a figure 47% above the total number of vehicles presently on US roads.