China, Norway and Sweden lead the pack on electric vehicle readiness – EY study
China has retained the top position when it comes to progress toward an electric vehicle (EV) future, according to the latest EY Electric Vehicle Country Readiness Index. The Index looks at the preparedness of the top 14 vehicle markets for the arrival of EVs based on supply, demand and regulation. New entrant to the Index, Norway, is a close second to China due to huge uptake in demand and strong regulations. Sweden, Germany and the UK round out the top five respectively.