EV Readiness Measurements

What is happening? Ernst and Young formulates an Electric Vehicle Country Readiness Index that ranks country EV readiness. Top of the pack: Sweden, Norway, China.

Why is this important? The Index looks to things like  strong energy ecosystem , consumer readiness, strong manufacturing presence, and that there is a strong correlation between overall success and the strength of regulation.

How will this be important? The US is ranked 7th largely due to poor demand.

EY | China, Norway and Sweden lead the pack on electric vehicle readiness – EY study