Demand for electric cars is booming, with sales expected to leap 35% this year after a record-breaking 2022 – News

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  • Demand for electric cars is booming, with sales expected to leap 35% this year after a record-breaking 2022 – News

Global sales of electric cars are set to surge to yet another record this year, expanding their share of the overall car market to close to one-fifth and leading a major transformation of the auto industry that has implications for the energy sector, especially oil.

The new edition of the IEA’s annual Global Electric Vehicle Outlook shows that more than 10 million electric cars were sold worldwide in 2022 and that sales are expected to grow by another 35% this year…

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