2024: IEA predicts 21% rise in electric vehicle sales globally, with China accounting for 45% of domestic sales.
The International Energy Agency (IEA) predicts a 21% rise in electric vehicle sales in 2024, with over one in five cars sold globally expected to be electric. China is projected to account for 45% of electric car sales domestically, while the US is estimated to have approximately one in nine cars sold being electric. The IEA's Global EV Outlook reveals that global electric car sales are on track to reach approximately 17 million by the end of 2024, a 25% increase compared to the same period in 2023.
April 23, 2024
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