IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year

Q1 sales grew by about 25% year-over-year – similar to the growth rate seen in the same period a year earlier but from a larger base

number of EVs sold globally in Q1 2024 is roughly equivalent to that in all of 2020

In 2024, electric car sales in China are projected to jump to about 10 million, accounting for about 45% of all car sales in the country

US roughly 1 in 9 cars sold are projected to be electric

Europe, despite a generally weak outlook for passenger car sales and the phase-out of EV subsidies in some countries, EVs are still set to represent about 1 in 4 cars sold

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 International Energy Agency (IEA) report



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