1 In 4 Cars Sold Globally Is An Electric Vehicle
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As Statista's Tristan Gaudiaut details below,according to theIEA Global EV Outlook 2026, published on May 20, global sales of electric cars, including plug-in hybrids, surpassed 21 million units last year, more than doubling since 2022, when annual sales first exceeded 10 million.
As the chart shows, EVs now account for roughly one in four passenger car sales globally, meaningtheir market share climbed to 25 percent in 2025, up from just 2 percent in 2018.
You will find more infographics atStatista This rapid growth has been driven largely byChina, which remains by far the largest market.
With more than 13 million electric vehicles sold in 2025, the country alone accounted for around 60 percent of global sales.
Whileadoption has also increased steadily in the rest of the world, with nearly 8 million units sold – largely inEuropeand theUnited States– the data highlight China’s dominant role in shaping the global EV market.
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| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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