IEA: EVs Will Account For 20% Of All Car Sales This Year ...Middle East

The surge in electric vehicle sales will continue this year after a record 2022, with EVs accounting for nearly one-fifth of global car sales in 2023, the International Energy Agency (IEA) said on Wednesday.  The momentum of EVs taking a growing share of the global car market is set to continue in the coming years to the point of displacing 5 million barrels per day of oil, the IEA said in its annual report Global EV Outlook 2023. Last year, EV sales accounted for 14% of all new cars sold globally, up from around 9% in 2021…

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