On April 26, the International Energy Agency released the "Global Electric Vehicle Outlook for 2023". In the report, the International Energy Agency stated that global electric vehicle sales in 2022 exceeded 10 million vehicles, and its sales volume in 2023 is expected to increase by 35 another 35 %, Reached 14 million vehicles. This also means that the market share of global electric vehicles has risen from 4%in 2020 to 14%in 2022, and it will continue to rise to 18%in 2023.
The sales of global electric vehicles are currently concentrated in the three markets of China, Europe and the United States. Chinese electric vehicle sales account for 60%of the total global total in 2022, and more than half of the world's electric vehicles are now in China.
Electric passenger cars are bringing historical changes to the global automobile manufacturing industry. This trend will reduce global oil demand, and the use of electric passenger cars will reduce the consumption of at least 5 million barrels of oil per day. Next, electric buses and electric trucks will gradually become popular.
