Euromonitor International has released the results of its Electric Vehicle Readiness Index for 2023 survey, which evaluates the most prepared countries which can support widespread EV adoption.

Norway, Switzerland and Sweden ranked at the top of the index, due to EV market maturity and consumer buying power. Brazil, South Africa and India were ranked at the bottom, owing to limited government incentives, low incomes and the undersupply of public charging stations

Source: EV Magazine: Read The Article

PSR Analysis:  What is telling about this survey is that it shows that Range Anxiety has fallen to third place with only 22% citing it as a major concern behind charging infrastructure and price. This represents a significant shift over the last few years.   PSR

Guy Youngs, is Forecast & Adoption Lead at Power Systems Research