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

Baua Electric

As the market matures, the industry is entering a phase marked by increased price competition and consolidation. This is markedly more than the previous year – car exports were almost 65% higher than in 2022, and electric car exports were 80% higher. In Germany, the sales share for electric cars fell from 30% in 2022 to 25% in 2023.