Global electric car sales are anticipated to reach 23 million vehicles in 2026, accounting for almost 30% of total sales, according to the latest Global EV Outlook report from the International Energy Agency (IEA).
In 2025, electric vehicle sales rose by 20% and exceeded 20 million units for the first time. As a result, one in every four new cars sold worldwide was electric. In more than 40 countries, electric vehicles accounted for over 10% of new car sales.
China maintains its lead in the EV market
China held its position as the largest EV...