The market for electric vehicles is developing far more dynamically than could have been expected years ago. Countries that fail to recognize the trend now and convert their economies will face high subsequent costs in the future, believe former International Monetary Fund Vice President Min Zhu and economists Fuad Hasanov and Reda Cherif . The trio of state-affiliated economists believe: market forces in emerging markets will drivethe electric revolution much faster than the stolid players in established industrialized countries have so far expected.
