Infographic: Electric Vehicle Sales Worldwide
Infographic: Electric Vehicle Sales Worldwide
Despite some bad headlines, EVs are making inroads in the global automobile market.
Recent headlines in the U.S. media have been full of gloom for the electric vehicle sector. Ford announced it was scaling back production of its electric F-150 pickup. GM revised its projected EV sales targets for 2024 and beyond. And the rollout of Tesla’s much awaited Cybertruck has been met with derision and mandatory recalls. It would be enough to give the impression that EVs were a fad, not the future of transportation.
Widen the scope, however, and EVs are booming. According to the International Energy Agency (IEA), the share of new cars sold worldwide that are either fully battery-electric or plug-in hybrids rose to 18 percent in 2023, up from just 2 percent in 2018. In terms of total units, that’s 13.8 million vehicles.
Below are some more insights from the IEA’s Global EV Outlook 2024.
Widen the scope, however, and EVs are booming. According to the International Energy Agency (IEA), the share of new cars sold worldwide that are either fully battery-electric or plug-in hybrids rose to 18 percent in 2023, up from just 2 percent in 2018. In terms of total units, that’s 13.8 million vehicles.
Below are some more insights from the IEA’s Global EV Outlook 2024.
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