India Is Ranked 11th On Electric Vehicle Adoption & Norway Is Ranked First | Hybiz tv

India Is Ranked 11th On Electric Vehicle Adoption & Norway Is Ranked First | Hybiz tv

#GlobalEVAdoption #EV #trendmarkets #infrastructure #electricvehicles #DLittleGEMRIX #hybiztv


Global Electric Mobility Readiness Index (GEMRIX 2022) has released data for 2022. Norway has emerged as the electric vehicle (EV) adoption leader across the globe. Management consulting firm Arthur D. Little's GEMRIX focuses on four major parameters to gauge EV adoption trend—markets, customers, infrastructure and governments. GEMRIX has been calculated for 15 countries of which India holds the 11th rank in terms of market readiness for EV adoption.
The Index is designed to compare the market conditions for EV and internal combustion engine (ICE)-driven vehicles. An EV readiness score of 100 means that in a given country, it is equally beneficial to buy and operate an electric vehicle as one with an internal combustion engine. The overall usage of electric vehicle (EV) has been on a rise over the last two years across the globe, says the GEMRIX 2022 report.
“Norway has a Global Benchmark score of 115, clearly indicating that EVs are emerging as the popular choice for mobility among citizens in that country. This is followed by three other distinct groups of countries comprises Ambitious Followers China (Score 83), Germany (76), the UK (74) and Singapore (74), which possess all prerequisites for EV mobility and where EVs are on the verge of becoming mainstream,” the report said. It added that starters like India—which has a score of 31—face major challenges in costs and infrastructure.


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