US EditionElectric car sales to rise but affordability in focus, IEA says
- The International Energy Agency predicts that one in five cars sold this year could be electric, with global electric vehicle sales projected to reach 17 million in 2024.
- Surging demand for EVs is expected to reshape the global auto industry and reduce oil consumption for road transport, with half of all cars sold globally projected to be electric by 2035.
- Sales of electric and plug-in hybrids in the first quarter of 2024 surpassed the total for 2020, indicating a rising trend in the market.
14 Articles
14 Articles
Electric car sales to rise but affordability in focus, IEA says
Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability and charging infrastructure will be key to future growth.
Electric car sales to rise but affordability in focus, IEA says
LONDON - Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability and charging infrastructure will be key to future growth.
The electric car revolution is on track, says IEA
By Hanna Ziady, CNN London (CNN) — Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China, according to the International Energy Agency. In a report Tuesday, the IEA projected that “surging demand” for EVs over the next decade was set “to remake the global auto industry and significantly reduce oil consumption for road transport.” It expects half of all cars sold globally to …
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