IEA: Global EV sales headed for another record year despite the slowdown

According to the International Energy Agency’s (IEA) new Global EV Outlook, electric car sales are expected to hit 23 million in 2026, making up nearly 30% of all new cars sold worldwide. That comes after EV sales topped 20 million in 2025, up 20% year over year, with 1 in 4 new cars sold globally now electric.