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Published 11 days ago

Electric car sales to rise but affordability in focus, IEA says

  • The International Energy Agency predicts one in five cars sold in 2024 to be electric, forecasting a surge in EV sales driven by falling prices.
  • Globally, electric car sales are expected to reach 17 million in 2024, with China accounting for 10 million of those sales.
  • While electric cars' market share varies by region, affordability and charging infrastructure are key factors for future growth.
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