McKinsey and Company

McKinsey and Company, a global consulting firm, produces a number of interesting reports and articles on many industries. Two on electric vehicles can be found at https://www.mckinsey.com/industries/automotive-and… and https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/expanding-electric-vehicle-adoption-despite-early-growing-pains. These is not a an easy read, even if you are a car nut. Together they portray a careful economic analysis of the electric vehicle industry.

  1. What part of McKinsey's analysis did you find most surprising? Why was this surprising, and why does this seem to go against what you thought you knew about electric vehicles?
  2. Different governments at different times have provided both incentives for consumers to purchase electric vehicles, and penalties for the use of internal combustion vehicles (especially in smog-ridden cities). Should a U.S state, or Canadian province, take regulatory action to encourage the adoption of electric vehicles? Why, and specifically, what would you recommend, and how would this serve a public purpose? [Norway, which has significant oil production reserves, has the highest per capita adoption of electric vehicles in the world.]
  3. Which automaker, other than Tesla, do you think is best positioned to benefit from the shift to electric vehicles, and should be agressively pursuing this market? [Answering this question will likely require a little research beyond what is in the McKinsey article.]