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McKinsey & Company Says that US is Leading World EV Race
Take that world! In a recently released study by the venerated international consultancy firm McKinsey & Company, the United States — not China — was named as the country most likely to lead the world in the adoption of electric vehicles. The report took into account nine variables that predict which country will come out ahead in the EV game — including cost of production, electricity rates, consumer interest and government incentives. The US scored higher than any other country — and that has left us with high hopes for an all-electric future.
The US was placed ahead of China and Germany — who tied for third — two countries that are thought to be huge EV adopters already. The support of the U.S. Congress and the Obama administration were noted as significant factors when it comes to switching from gas to electric. Although China and Germany both have small EV markets already, the unprecedented gusto of the major American automakers gave the US an additional boost.
With a group of great EV’s hitting the road in the next year in the US — including the 2011 Nissan Leaf, the 2011 Chevrolet Volt and the 2011 Mitsubishi i-MiEV — the US is primed to be the leader in EV adoption for years to come, according to the McKinsey report. The tremendously low cost of electricity in China and South Korea might help boost them to the top of the list in 20 years, but McKinsey was sure in their prediction that the US will lead out of the starting gates. Let’s not let that gusto die! EV’s for America!
Via Autoblog Green
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