Arcadis releases Global Electric Vehicle Catalyst Index

Rhea-AI Summary

Arcadis has published the Global Electric Vehicle Catalyst Index, assessing the electric vehicle (EV) adoption progress in 12 countries and two U.S. states. The report highlights that California and New York could enhance EV market share through improved charging infrastructure and transitioning fleets, respectively. It emphasizes that government incentives are crucial but advises organizations to proactively plan for EV integration. The report aims to foster collaboration between countries and organizations to accelerate EV impact on air pollution and CO₂ emissions.

Positive

• California and New York can enhance EV market share through improved charging infrastructure and fleet transitions.
• The Infrastructure Investment and Jobs Act is expected to boost EV adoption.
• The report promotes collaboration across countries and organizations to expedite EV impact on air quality.

Negative

• Organizations are cautioned against waiting for new policies before acting on EV strategies.

HIGHLANDS RANCH, Colo., Nov. 10, 2021 /PRNewswire/ -- Arcadis (EURONEXT: ARCAD) has released a new report assessing how 12 countries and two U.S. states are progressing on electric vehicle adoption. Entitled "Global Electric Vehicle Catalyst Index: Accelerating electric vehicle program adoption and implementation," the report evaluates three catalysts to adoption: government leadership and incentives, market maturity and readiness, and charging infrastructure.

Given the physical and economic size of California and New York, the report finds that both states could capture greater market share and drive carbon reductions through EV investment. In New York, transitioning fleets will be critical to achieving EV goals, while California could improve its EV market share by increasing its charging infrastructure. The passage of the Infrastructure Investment and Jobs Act is also expected to help accelerate EV adoption.

Globally, transitioning to EVs can help achieve environmental, social and governance (ESG) objectives, improve air quality and meet net zero goals. While government incentives are a catalyst, the report cautions organizations against waiting for new policies before acting. Actively planning for EVs now will help organizations prepare for forthcoming regulations and maintain their competitive edge.

"Accelerating the transition to electric vehicles – along with investing in clean energy and battery technology – are crucial to cutting emissions and limiting global warming to 1.5°C. This report shows that with clear leadership from the top and the right policy levers in place, electric vehicles can play a notable role in tackling the climate crisis and improving quality of life for all communities across the world," said Peter Oosterveer, CEO at Arcadis.

About the report

The purpose of the Global Electric Vehicle Catalyst Index is to promote collaboration between countries and organizations exploring the EV landscape. The report is a snapshot in time; countries will increase their scores as they adopt new government incentives, increase EV charging infrastructure or as the market matures. Sharing insights and strengths across public and private sectors will accelerate EV's impact on air pollution and CO₂ emissions globally.

ABOUT ARCADIS

Arcadis is the leading global design & consultancy organization for natural and built assets. We maximize impact for our clients and the communities they serve by providing effective solutions through sustainable outcomes, focus and scale, and digitalization. We are over 27,000 people, active in more than 70 countries that generate €3.3 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. www.arcadis.com

 

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SOURCE Arcadis

FAQ

What is the Global Electric Vehicle Catalyst Index released by Arcadis?

It is a report assessing the electric vehicle adoption progress in 12 countries and two U.S. states, focusing on catalysts like government incentives and charging infrastructure.

How can California improve its electric vehicle market share?

California can enhance its EV market share by increasing its charging infrastructure.

What role does New York play in electric vehicle goals according to Arcadis?

In New York, transitioning fleets is critical for achieving electric vehicle goals.

What impact does the Infrastructure Investment and Jobs Act have on electric vehicles?

The Act is expected to help accelerate the adoption of electric vehicles.

What should organizations do regarding electric vehicle planning?

Organizations are advised to actively plan for electric vehicles to prepare for upcoming regulations and maintain a competitive edge.