<ul data-eligibleForWebStory="false"><li>The US is falling behind developing nations in Asia in the race to electrify, with countries like Vietnam and Bangladesh accelerating their electricity share faster than the US and Europe.</li><li>A new report from clean energy think tank Ember emphasizes the importance of electrification for economic growth, highlighting the faster growth of industries supporting electrification.</li><li>Most Asian nations are focusing on electrification and renewables due to being fossil fuel importers, while the US, as a major producer of oil and gas, lacks the same economic incentives.</li><li>Meeting increasing power demand is driving Asian economies to boost manufacturing sectors for grid equipment, with countries like Vietnam, Indonesia, India, Pakistan, and Sri Lanka excelling in integrating solar and wind power.</li></ul>

The US Is Losing The Electrification Race To Asia

Discover more