Global electric car sales are forecast to reach 23 million in 2026, according to the International Energy Agency’s new edition of the Global EV Outlook

The report released by the International Energy Agency on Wednesday said global EV sales will exceed last year’s increase.

Global EV sales are expected to hit 23 million in 2026 despite a Q1 slowdown, according to the IEA's newly released annual Global EV Outlook.

Close to 30% of cars sold this year are set to be electric as countries and consumers respond to energy crisis - News from the International Energy Agency

IEA: Close to 30% of cars sold this year are set to be electric New report finds robust momentum for EVs in 2025, with record sales in nearly 100 countries, and potential for…

EV sales are set to hit nearly 30% of global car sales in 2026, driven by spiking fuel prices following the Iran war, the IEA says in its annual Global EV Outlook.

Global electric car sales are forecast to reach 23 million in 2026, according to the International Energy Agency’s new edition of the Global EV Outlook

This rapid growth has been driven largely by China, which remains by far the largest market.

As the chart shows, EVs now account for roughly one in four passenger car sales globally, meaning their market share climbed to 25 percent in 2025, up from just 2 percent in 2018.