'The direction of travel is clear': IEA predicts over a quarter of cars sold worldwide this year will be electric

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Electric vehicles' market share is on track to accelerate past 40 per cent by the end of the decade, according major report

More than a quarter of cars sold worldwide this year will be electric, with global sales of electric vehicles (EVs) on track to surpass 20 million in 2025 following another year of robust growth. That...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Stellantis: New EVs and low emission models central to €60bn growth plan

Stellantis: New EVs and low emission models central to €60bn growth plan

Owner of Citroën, FIAT, Peugeot and Vauxhall promises more than 60 new vehicle launches and 50 significant 'refreshes' by 2030

Stuart Stone
clock 22 May 2026 • 3 min read
'From niche to normal': Industry confirms over 160 EV models now on the market

'From niche to normal': Industry confirms over 160 EV models now on the market

New SMMT figures tracking the rise of EVs since 2016 shows 40 per cent of new car models available for sale in the UK are now fully electric

clock 21 May 2026 • 2 min read
Pod boosts depot charging capabilities with EO Charging acquisition

Pod boosts depot charging capabilities with EO Charging acquisition

Latest consolidation in electric vehicle charging sector sees Pod strengthen presence in fleet charging market

James Murray
clock 19 May 2026 • 2 min read