The International Energy Agency projects global electric vehicle sales will reach 23 million in 2026, accounting for nearly 30% of all new car sales worldwide. EV sales surpassed 20 million in 2025, driven by falling battery costs and growing demand.
China remains the leading EV producer and exporter, while Europe, Southeast Asia, and Latin America are seeing rapid growth. The report also highlights rising sales of electric trucks and predicts the global EV fleet could exceed 500 million vehicles by 2035.
