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Published 10 days ago

IEA Expects Strong EV Sales While Carmakers Flag Weaker Demand

Summary by Oil Price
Amid concerns in the auto industry about slowing electric vehicle sales with the phase-out of subsidies in key markets and consumers not yet convinced about affordability and range, the International Energy Agency (IEA) continues to hold a very bullish view on the global EV market. “The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million,” the IEA said in its annual Global EV Outlook 2024 published on T…

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