Global EV sales are 'robust' – more than 1 in 5 cars sold in 2024 will be electric


by Electrek

Electrek— More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new...

Green Car Reports—EVs set for 11% of 2024 US vehicle share, 1 of 5 cars sold globally. EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. market, according to the International Energy Agency (IEA). Tight profit margins, volatile battery raw material prices, and the phaseout of incentives in certain countries have led to concerns about an EV sales slump, but data

The Guardian—Electric and hybrid car sales to rise to new global record in 2024. International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023Electric and plug-in hybrid car sales will jump to a new global record in 2024 despite slowing growth in some markets, according to forecasts from the influential International Energy Agency (IEA).The Paris-based forecaster said that 17m battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up more than 20% compared with 2023. Continue reading

Carscoops—Global EV Sales Will Break Records In 2024 Despite Sluggish Demand, Say Energy Experts. Around 17 million EVs will be sold in 2023, up from 14 million in 2014, IEA says, and one in five new cars will be electric