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.

Last year, there were over 600 electric models sold across the world. Just five of them—including two Teslas—made up 20% of all EV sales.

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