Where is China and where is the US: These are the countries most ready for full adoption of electric vehicles

A study by the consulting firm Arthur D. Little ranks China and Norway as the countries most ready in the world for full adoption of electric vehicles. The study examined 31 markets based on five parameters: macro factors, market nature, customer readiness, charging infrastructure, and cost of ownership. The US ranks low at 25th place, in a group of countries unlikely to adopt electric vehicles.

A study by the American consulting firm Arthur D. Little ranks China and Norway as the countries most ready in the world for full adoption of electric vehicles. The study analyzes 31 markets in various countries (Israel is not included) based on five parameters: macro factors, market nature, customer readiness, charging infrastructure, and cost of ownership (spare parts and maintenance). Only Norway and China are at a readiness level that allows for a full transition. In third place is Singapore, followed by the Netherlands. In the top four, there is a high likelihood that the market will transition to electric vehicles. Following them is a group of "hopeful" countries including France, Germany, Austria, Sweden, Belgium, Italy, Spain, Hong Kong, Turkey, Switzerland, Poland, and Canada. Next are "emerging markets" including the Czech Republic, Vietnam, Thailand, the United Arab Emirates, and Australia. The US ranks low at 25th place, in the group of countries unlikely to adopt electric vehicles, below Indonesia. In the worst group: Mexico, Saudi Arabia, and South Africa. Nicola Burgo, a senior analyst at Arthur D. Little, explains that in the case of China, it is a combination of high market readiness, a strong local industry, and extensive charging infrastructure.

Where is China and where is the US: These are the countries most ready for full adoption of electric vehicles