The Rapid Rise of Electric Car Sales: A Statistical Overview.
Electric car sales grew by 55% in 2022, exceeding 10 million, and their share in total car sales globally jumped from 9% in 2021 to 14% in 2022, according to the International Energy Agency's "Global EV Outlook 2023" report. China accounted for 60% of global electric car sales, with Europe and the US following. The IEA expects electric car sales to grow by 35% this year, reaching 14 million, and their percentage share of the overall car market to climb to 18% in 2023. The growth in EVs is expected to have significant implications for global oil demand, avoiding the need for at least 5 million barrels a day of oil by 2030.