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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

In addition, China exported over 4 million cars in 2023, making it the largest auto exporter in the world, among which 1.2 This is markedly more than the previous year – car exports were almost 65% higher than in 2022, and electric car exports were 80% higher. million were EVs. In 2024, Hyundai announced investments of USD 1.1