Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional
Baua Electric
MAY 7, 2024
Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales.
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