Study: U.S. to take lead in EV race, China not far behind
By factoring in all nine variables, McKinsey concludes that the U.S. will initially lead the EV race, but China and Germany are just slightly behind. The initial U.S. lead could be short-lived, since McKinsey & Co. thinks China could emerge as the leading electric car market within 20 years. McKinsey suggests China's low electrical costs, combined with its high expectations of producing millions of EVs soon, could help the nation leapfrog other countries quite soon.
[Source: Finanical Times – sub. req. via AllCarsElectric]
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