ESG Risk Monitor
November 27, 2023 - 5:26 am

Electric Vehicle Sales Expected to Increase by 35% in 2023, Reaching 14 Million; One in Every 5 Vehicles Sold Will Be Electric


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Report: The number of electric vehicle sales is expected to increase by 35 percent this year compared to 2022, reaching 14 million, with one in every 5 vehicles sold being electric. According to the ‘Global Electric Vehicle Outlook’ report by the International Energy Agency (IEA), electric vehicle sales worldwide last year broke a record compared to 2021, increasing by 55…

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