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Close to 30% of cars sold this year are set to be electric as countries and consumers respond to energy crisis [View all]
https://www.iea.org/news/close-to-30-of-cars-sold-this-year-are-set-to-be-electric-as-countries-and-consumers-respond-to-energy-crisisNews
20 May 2026
New report finds robust momentum for EVs in 2025, with record sales in nearly 100 countries, and potential for current crisis to lead to further growth in key markets
After strong growth last year, global electric car sales are expected to rise again in 2026, reaching 23 million and accounting for close to 30% of all cars sold worldwide, according to the new edition of the IEA’s annual Global EV Outlook.
The report, out today, examines key market and policy trends related to the deployment of electric vehicles and charging infrastructure, as well as the implications of growing EV adoption for electricity, oil and emissions. Amid the major energy crisis stemming from the war in the Middle East, the new Outlook also presents initial data for the early months of 2026 and considers the consequences of the crisis for EV policy and market development.
In 2025, global electric car sales grew by 20% to exceed 20 million, meaning that a quarter of all new cars sold worldwide were electric. In around 40 countries, electric cars accounted for 10% or more of new cars sold. In terms of production, Chinese automakers supplied 60% of electric cars sold worldwide, while European and North American automakers were each responsible for about 15% of global sales.
Following policy changes in China and the United States, global sales of electric cars in the first quarter of 2026 fell by 8% compared with the same period in 2025. However, this overall decline masked strong sales growth in many other countries and regions. In Europe, sales increased by close to 30% year-on-year; in the Asia Pacific region excluding China, sales jumped by 80%; and in Latin America, they were up by 75%. In March, close to 90 countries around the world logged year-on-year sales growth, with around 30 of them registering record-breaking monthly sales.
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Explore report20 May 2026
New report finds robust momentum for EVs in 2025, with record sales in nearly 100 countries, and potential for current crisis to lead to further growth in key markets
After strong growth last year, global electric car sales are expected to rise again in 2026, reaching 23 million and accounting for close to 30% of all cars sold worldwide, according to the new edition of the IEA’s annual Global EV Outlook.
The report, out today, examines key market and policy trends related to the deployment of electric vehicles and charging infrastructure, as well as the implications of growing EV adoption for electricity, oil and emissions. Amid the major energy crisis stemming from the war in the Middle East, the new Outlook also presents initial data for the early months of 2026 and considers the consequences of the crisis for EV policy and market development.
In 2025, global electric car sales grew by 20% to exceed 20 million, meaning that a quarter of all new cars sold worldwide were electric. In around 40 countries, electric cars accounted for 10% or more of new cars sold. In terms of production, Chinese automakers supplied 60% of electric cars sold worldwide, while European and North American automakers were each responsible for about 15% of global sales.
Following policy changes in China and the United States, global sales of electric cars in the first quarter of 2026 fell by 8% compared with the same period in 2025. However, this overall decline masked strong sales growth in many other countries and regions. In Europe, sales increased by close to 30% year-on-year; in the Asia Pacific region excluding China, sales jumped by 80%; and in Latin America, they were up by 75%. In March, close to 90 countries around the world logged year-on-year sales growth, with around 30 of them registering record-breaking monthly sales.
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