Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Global electric car sales set to grow 14 million this year

  • By Al Mayadeen English
  • Source: Agencies
  • 26 Apr 2023 15:33
4 Min Read

Although electric car sales are concentrated in a few markets, India, Indonesia, and Thailand were among the countries recording significant growth last year.

  • x
  • Global electric car sales set to grow 14 million this year
    Tesla Model X electric cars recharge their batteries in Berlin, Germany, November 13, 2019. (Reuters)

Electric car sales are expected to increase by 35% this year to 14 million, increasing their proportion of the global auto industry to 18%, according to a new estimate released Wednesday by the International Energy Agency (IEA).

According to the IEA's annual Global Electric Vehicle Outlook study, more than 10 million electric cars will be sold globally in 2022, a 55% increase over the previous year.

The rapid expansion increased electric cars' proportion of the global automobile market to 14% last year, up from 9% in 2021 and 4% in 2020.

Following last year's unprecedented spike, the total number of electric vehicles on the road hit 26 million.

For the seventh time this year, Tesla reduced prices in the United States by between 2% and over 6%. 

In the report IEA report, Executive Director Fatih Birol stated that "electric vehicles are one of the driving forces in the new global energy economy that is rapidly emerging and they are bringing about a historic transformation of the car manufacturing industry worldwide."

"The trends we are witnessing have significant implications for global oil demand. The internal combustion engine has gone unrivaled for over a century, but electric vehicles are changing the status quo. By 2030, they will avoid the need for at least 5 million barrels a day of oil. Cars are just the first wave: electric buses and trucks will follow soon."

According to data, the bulk of electric car sales to date have been focused in China, Europe, and the United States.

Related News

Xiaomi may begin overseas car sales starting in 2027, CEO says

Tesla profits plunge 71% as Musk plans DOGE exit

Last year, China accounted for over 60% of worldwide electric car sales and more than 50% of all-electric cars on the world's roads, with a total of 13.8 million.

"This strong growth results from more than a decade of sustained policy support for early adopters, including an extension of purchase incentives initially planned for phase-out in 2020 to the end of 2022 due to COVID-19, in addition to non-financial support such as rapid roll-out of charging infrastructure and stringent registration policies for non-electric cars," detailed the IEA.

Electric car sales in China hit 29% of total domestic automobile sales last year, up from 16% in 2021.

Europe and the United States account for 35% of new electric vehicle sales.

After China, Europe remained the world's second-largest electric car market, accounting for 25% of total electric car sales in 2022 and 30% of worldwide stock.

Germany had the most new electric car registrations in Europe in 2022, with 830,000, followed by the United Kingdom (370,000) and France (330,000). Over 80,000 new electric vehicles were registered in Spain.

However, electric car sales in Italy plummeted to 115,000 in 2021 from 140,000 in 2018, while they also dipped or remained stagnant in Austria, Denmark, and Finland.

New electric car sales in the US have surpassed one million, accounting for 10% of the worldwide sales increase. The entire stock of electric vehicles in the US surpassed 3 million, with electric car sales accounting for 8% of total car sales in 2022.

Despite the fact that electric vehicle sales are concentrated in a few areas, India, Indonesia, and Thailand were among the nations that had considerable increases last year.

In 2022, Turkey had around 7,500 new electric car registrations, nearly tripling sales in 2021.
Following last year's growth, the country's total electric car stock reached over 16,000 units. In 2022, the share of electric cars in Turkey's overall car market was 1%.

  • electric cars
  • electric vehicles
  • Green

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS