Re:Elon Musk’s Boring Co. Wins Chicago Airport High-Speed Tr...
by culturestate on Thursday June 14, 2018 @02:03AM
(#17309648)
I live in Hong Kong. In a city this small and dense (and where a residential parking space can cost several hundreds of thousands of dollars), 500,000 private vehicles is a huge number.
[ Parent
| on HN ]
Re:Elon Musk’s Boring Co. Wins Chicago Airport High-Speed Tr...
by cozzyd on Thursday June 14, 2018 @02:09AM
(#17309671)
Actually I misread https://en.wikipedia.org/wiki/Transport_in_Hong_Kong#Private... and that's the number of licensed vehicles. Maybe a substantial portion are taxis/delivery trucks/etc.
Re:Elon Musk’s Boring Co. Wins Chicago Airport High-Speed Tr...
by dx034 on Thursday June 14, 2018 @06:28AM
(#17310624)
But only one car per 14 people. I don't have the numbers for the US but I'd guess it's somewhere closer to one car per 2-3 people. Advances in public transport and ridesharing could lower demand for cars significantly. Sure, families and many others will still want to have cars but even if demand just decreases by 10-20% that's a huge number and could kill 1-2 car manufacturers.