Last year was a good year for the electric vehicle market. Of new cars sold in 2022, electric cars made up 14%, or around 10 million units, globally. Now, the International Energy Agency (IEA) is predicting that growth to continue, with electric car sales expected to increase 35% in 2023 compared to last year.

In 2022, new electric car sales reached 14% of all new cars sold, compared to just 9% in 2021, according to IEA’s Global EV Outlook 2023. Already this year, 2.3 million electric cars were sold in the first three months — 25% higher than electric car sales in Q1 of 2022.

IEA estimates that 2023 will reach 14 million new electric cars sold, a 35% increase compared to the number of units sold in 2022. Purchases are expected to increase in the second half of 2023, and electric cars could make up around 18% of new cars sold for the year.

“Electric vehicles are one of the driving forces in the new […]