Global EV Sales to Reach 30% of New Car Sales by 2026, Marking Accelerated Market Growth

Published: Jul 2, 2026 17:10

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Released on July 1, the International Energy Agency’s latest Global EV Outlook 2026 forecasts that global electric vehicle sales will hit 23 million units in 2026, accounting for nearly 30% of all new vehicle sales worldwide, compared with merely around 5% five to six years ago. EV sales in Europe are expected to rise by 20%; those in Asia-Pacific economies excluding China will surge over 50%; and Latin America’s EV deliveries are set to grow by 45%.

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