Global EV Sales Will Break Records In 2024 Despite Sluggish Demand, Say Energy Experts

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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

Global EV sales will hit 17 million in 2024, International Energy Agency says Sales of electric cars totalled 14 million in 2023 One in five cars sold will be a BEV, IEA predicts A slowdown in demand for EVs won’t be enough to prevent 2024 being a bumper year for the technology, according to experts at the International Energy Agency, who say electric vehicle registrations will rise by more than 21 percent this year.

In less wealthy, developing countries with patchy access to chargers, EV sales will be even less significant, while they will be the norm in countries that have legislated to prioritize electric cars. Four out of every five cars sold in Norway last year was battery-powered.

 

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