Power play: EV Sentiment in China vs the U.S. with AlixPartners
Episode 86
Arun Kumar, Global Co-Leader of the Advanced Mobility Practice at AlixPartners joins me today for a candid discussion about EV sentiment in China vs the United States. In the latest International Electric Vehicle Consumer-Sentiment Survey, AlixPartners found that interest in electric vehicles has surged in China, with 97% of respondents open to purchasing EVs, compared to a lukewarm increase in the U.S. from 14% to 35%. The survey covered 10,000 respondents from nine countries accounting for the majority of global EV sales, which further emphasizes the regional variations in EV adoption. Plus, the recent announcement of heavy U.S. tariffs on Chinese motor vehicles introduces further uncertainty to the already complex EV market dynamics. So what’s the deal? Are we stuck in the “ICE Age” over here?
This episode is sponsored by AlixPartners. For more than forty years, AlixPartners has helped businesses around the world respond quickly and decisively to their most critical challenges – circumstances as diverse as urgent performance improvement, accelerated transformation, complex restructuring and risk mitigation. Learn more at alixpartners.com