Electric Car Sales Expected to Rise by 35% This Year

27, April , 2023

Newstoday: The sales rate of Electric vehicles sets to make another record after high sales this year. The car production industry also decided to increase its share to nearly one-fifth of the global car market. According to the International Energy Association's annual Outlook of Electric Vehicles, more than 10 million EVs were sold worldwide in 2022, with sales predicted to increase 35% this year to 14 million. According to these forecasts, electric vehicles' market share will increase to 18% this year from 14% in 2022. The majority of electric cars are sold out in China and European region, and the United States.. In Europe and US, which are 2nd and 3rd largest regions, sales increased by 15% and 55% in 2022, respectively.