Bhatti, H.J.; Danilovic, M.; Nåbo, A. A Multidimensional Readiness Index for the Electrification of the Transportation System in China, Norway, and Sweden. Future Transp.2023, 3, 1360-1384.
Bhatti, H.J.; Danilovic, M.; Nåbo, A. A Multidimensional Readiness Index for the Electrification of the Transportation System in China, Norway, and Sweden. Future Transp. 2023, 3, 1360-1384.
Bhatti, H.J.; Danilovic, M.; Nåbo, A. A Multidimensional Readiness Index for the Electrification of the Transportation System in China, Norway, and Sweden. Future Transp.2023, 3, 1360-1384.
Bhatti, H.J.; Danilovic, M.; Nåbo, A. A Multidimensional Readiness Index for the Electrification of the Transportation System in China, Norway, and Sweden. Future Transp. 2023, 3, 1360-1384.
Abstract
The main objective of this paper is to develop a readiness index model that can serve as an analytical tool for exploring the achievements of electrification of transportation systems. We have applied this readiness index model to evaluate the readiness positioning of China, Norway, and Sweden to-wards transport electrification. We have chosen these three countries as they represent diversity among countries that are in the process of adopting electric transport system solutions. Our developed readiness index model has four key dimensions, technological readiness, political readiness, societal readiness, and economic readiness. The embeddedness of all four dimensions in one model provides a multi-perspective way of analyzing and evaluating the readiness levels of countries moving towards transforming the transportation system. Therefore, we named the model a “multidimensional readiness index.” Our main conclusions are that the political processes and political decisiveness involved are the most important factors followed by the societal needs and economic ability, with the current technology available as the fourth. Without the participation of dedicated and determined political decision-makers being involved, the other three factors are challenging to obtain. Political decision-makers need to facilitate the use of economic means to support the transformation in the society and affected industries to balance the initial economic disadvantages of the electrically powered systems until they pass the cost disadvantage turning point. The development of the relevant technology is no longer a great barrier as it was at the beginning of this transformation, about 20 years ago. The technology for electrically powered transportation systems and devices is widely available now, although it is continuously evolving and being improved. Associated industries cannot be expected to initiate, finance, take the risk, and take the lead in this global societal transformation without clear and strong political support.
Keywords
Electric transport; technology readiness; political readiness; societal readiness; economic readiness.
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
