Electric vehicle global sales are on course to hit an all-time high this year, according to the International Energy Agency.
The Paris-based organization said 2022 is “expected to see another all-time high for electric vehicle sales, lifting them to 13% of total light duty vehicle sales globally.”
The IEA has previously stated that electric vehicle sales hit 6.6 million in 2021. In the first quarter of 2022, EV sales came to 2 million, a 75% increase compared to the first three months of 2021.
“Electric vehicles are the key technology to decarbonize road transport, a sector that accounts for 16% of global emissions,” according to the report. “The Net Zero Emissions by 2050 Scenario sees an electric car fleet of over 300 million in 2030 and electric cars accounting for 60% of new car sales.”
The IEA said there had been “encouraging signs of progress across a number of sectors” but cautioned that stronger efforts were required to reach net zero emissions by the middle of this century.
According to industry estimates, the EV share of the overall car market reached 4.6% in 2022 in the U.S.