Electric and hybrid car sales to rise to new global record in 2024

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International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023

An electric car being charged on a street in London. The UK was Europe’s biggest market over the first three months of 2023 for the first time, according to an independent analyst.An electric car being charged on a street in London. The UK was Europe’s biggest market over the first three months of 2023 for the first time, according to an independent analyst.

Fatih Birol, the energy economist who heads the IEA, acknowledged that sales are stronger in some countries than others, but added that there was clear momentum for the transition. In the first quarter of 2024 there were more sales of electric and plug-in hybrids than in the whole of 2020, the IEA said.in 2023 were electric. However, policies vary widely, with China and richer European countries generally ahead of the rest of the world, including the US.

 

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