Electric cars—defined in the IEA market statistics as battery electric vehicles (BEVs) plus plug-in hybrid electric vehicles (PHEVs) unless a powertrain is named—have moved from a niche category toward a significant share of new-car markets. In 2024, sales, charging infrastructure, battery supply and affordability all expanded, although adoption remained uneven across regions and the outlook figures below are scenario projections rather than observed results.
Key Electric Car Statistics
The most broadly useful figures are:
- In 2024, more than 17 million new electric passenger cars were sold worldwide.
- In 2024, electric cars exceeded 20% of worldwide new passenger-car sales.
- At the end of 2024, the global electric passenger-car fleet reached almost 58 million cars.
- At the end of 2024, electric cars represented about 4% of the global passenger-car fleet.
- In 2024, China sold more than 11 million electric cars, close to half of its total car sales.
- In 2024, Norway’s new-car sales were 88% BEV and just under 3% PHEV.
- In 2024, the United States sold 1.6 million new electric passenger cars.
- In 2024, emerging and developing economies increased electric-car sales by over 60% year on year.
- In 2024, more than 1.3 million public charging points were added worldwide.
- In 2024, the global public charging network exceeded 5 million points.
- In 2024, China held about 65% of global public chargers.
- In 2024, lithium-ion battery-pack prices fell 20% worldwide, the largest drop since 2017.
- In 2024, LFP batteries made up nearly half of global EV battery capacity.
- In 2024, China produced 80% of global battery cells.
- In 2024, the median battery-electric car price was about USD 24,000 globally.
- In 2024, global consumer spending on electric cars reached an estimated USD 560 billion.
- Under the IEA Stated Policies Scenario, the global EV stock is projected to reach 250 million vehicles in 2030.
- Under stated policies, more than one in four vehicles on the road is projected to be electric in 2035.
Contents
- Global electric car sales and fleet growth
- Electric car adoption trends by major market
- Emerging-market electric car statistics
- Electric car charging infrastructure data
- Electric car battery and manufacturing statistics
- Electric car prices, spending and outlook
Global Electric Car Sales and Fleet Growth
The IEA recorded more than 17 million new electric passenger-car sales worldwide in 2024, up more than 25% from 2023. Electric cars therefore exceeded 20% of global new passenger-car sales, but annual sales share and fleet share measure different things.
At the end of 2024, the global electric passenger-car fleet stood at almost 58 million, or about 4% of the worldwide passenger-car fleet. The stock was more than three times its 2021 level, while the fleet’s modeled oil displacement exceeded 1 million barrels per day in 2024; that oil figure is an estimate, not a direct fuel-meter reading.
| Global measure | 2024 result | Definition and scope |
|---|---|---|
| New electric passenger-car sales | More than 17 million | BEVs and PHEVs; worldwide |
| Share of new passenger-car sales | More than 20% | Worldwide annual sales denominator |
| Electric passenger-car stock | Almost 58 million | End-2024 passenger-car fleet |
| Share of passenger-car fleet | About 4% | End-2024 worldwide fleet |
Source: Trends in electric car markets – Global EV Outlook 2025. The IEA notes that the stock, sales share and modeled oil-displacement estimate are different measures.
Electric Car Adoption Trends by Major Market
China remained the center of the global market in 2024. It sold more than 11 million electric cars, with sales growing almost 40% year on year; electric cars were close to half of total car sales, and China represented almost two-thirds of global electric-car sales.
China’s market mix also changed. PHEVs rose from about 15% of electric-car sales in 2020 to nearly 30% in 2024, while BEVs fell from 80% to below 60%; extended-range electric vehicles (EREVs), a separate category, exceeded 10% in 2024 after more than quadrupling their share since 2020.
The overall electric-car sales share increased by approximately 10 percentage points in each of the four years through 2024.
| Market | Electric-car result in 2024 | Comparison or definition |
|---|---|---|
| China | More than 11 million sales; close to half of car sales | Almost two-thirds of global electric-car sales |
| Europe | About one in five new cars | Europe aggregate, not EU-only |
| United Kingdom | Nearly 30% of new-car sales | 24% in 2023 |
| Norway | 88% BEV; just under 3% PHEV | Separate powertrain shares |
| United States | 1.6 million sales | Sales grew 10% in 2024, versus 40% in 2023 |
In Europe, electric cars accounted for about one in five new cars in 2024, while electric sales share increased in 14 of 27 EU states. The United Kingdom reached nearly 30% of new-car sales, up from 24% in 2023, and Norway’s exceptionally high result was composed of 88% BEV and just under 3% PHEV sales.
The United States sold 1.6 million new electric passenger cars in 2024. Its growth rate slowed to 10%, compared with 40% in 2023, showing why sales volume and year-on-year growth should not be treated as the same indicator.
Source: Trends in electric car markets – Global EV Outlook 2025. Percentages are rounded source values and market definitions differ by row.
Emerging-Market Electric Car Statistics
Electric-car sales in emerging and developing Asia, Latin America and Africa grew over 60% in 2024, while their combined sales share nearly doubled from 2.5% in 2023 to 4%. These are multi-region aggregates, so they do not describe every country equally.
- Emerging Asia excluding China sold almost 400,000 electric cars in 2024, more than 40% above its 2023 volume.
- India approached 100,000 electric-car sales and about 2% of sales in 2024.
- Thailand’s electric-car sales fell 10% in 2024, while conventional-car sales fell 26%; its electric-car share nevertheless rose from 11% to 13% as the total market contracted.
- Brazil sold nearly 125,000 electric cars in 2024, more than twice its 2023 volume, and its sales share doubled to 6.5%.
- Costa Rica, Uruguay and Colombia reached electric-car sales shares of about 15%, 13% and 7.5%, respectively, in 2024.
The Thailand comparison uses different powertrain denominators for the two year-on-year changes, while the country shares are new-car sales measures rather than fleet shares.
Source: Trends in electric car markets – Global EV Outlook 2025.
Electric Car Charging Infrastructure Data
More than 1.3 million public charging points were added worldwide in 2024, taking the global stock above 5 million. Public points more than doubled from 2022 to 2024, and the stock grew more than 30% in 2024; a point is not the same unit as a charging site or a private charger.
China accounted for about two-thirds of public-charger growth since 2020. In 2024, it held about 65% of global public chargers and 60% of global electric light-duty vehicles, with the two percentages using different denominators.
Europe’s public charging stock grew over 35% to just over 1 million points in 2024. Eleven of the 27 EU countries expanded their public charging stock by over 50%, while the Netherlands, Germany and France ended the year with over 180,000, 160,000 and 155,000 public points, respectively.
Fast-charging capacity also expanded. Global fast chargers above 22 kW and below 150 kW reached 2 million in 2024, while ultra-fast chargers grew over 50% and represented nearly 10% of public fast chargers; the power category does not guarantee a particular charge time.
Source: Electric vehicle charging – Global EV Outlook 2025.
Electric Car Battery and Manufacturing Statistics
Lithium-ion battery-pack prices fell 20% in 2024, the largest annual drop since 2017. The reduction was nearly 30% in China, compared with 10%–15% in Europe and the United States; these are pack prices, not complete vehicle retail prices.
Average 2024 battery packs were about 20 kWh for standard PHEVs and 65 kWh for BEVs. PHEV pack prices per kWh were more than three times BEV prices, reflecting small-pack and power-design effects rather than a simple comparison of vehicle prices.
| Battery measure | 2024 statistic | Scope |
|---|---|---|
| LFP share of global EV battery capacity | Nearly half | Worldwide; excludes two- and three-wheelers |
| LFP share of China’s domestic battery demand | Nearly three-quarters | Chemistry demand |
| LFP share of US EV batteries | Below 10% | Installed-capacity share |
| EU LFP adoption | Over 10%, up about 90% | Second straight year of growth |
| China share of global cell production | 80% | Cells, not vehicles |
| Global cell manufacturing capacity | More than 3 TWh/year | Capacity grew almost 30% |
LFP chemistry supplied nearly three-quarters of China’s domestic battery demand but remained below 10% of US EV batteries in 2024. In the European Union, LFP adoption grew about 90% for the second straight year to exceed 10%, while China produced 80% of global battery cells and global cell capacity surpassed 3 TWh per year.
Source: Electric vehicle batteries – Global EV Outlook 2025.
Electric Car Prices, Spending and Outlook Statistics
The global average battery-pack price fell over 25% from 2023 to 2024. The median battery-electric car price was about USD 24,000 in 2024, around USD 700 below the ICE median; this is a sales-weighted median estimate with incentives excluded as specified.
Affordability varied sharply by market. Only about 5% of available European BEV models were below EUR 30,000, and about 3% were below EUR 25,000 in 2024.
In China, nearly two-thirds of BEVs sold were cheaper than ICE equivalents, compared with half in 2021 and 10% in 2018; that comparison excludes purchase tax and subsidies.
- China’s average battery-electric SUV price fell almost 10% in 2024.
- The US average battery-electric SUV price fell 3% in 2024.
- Sixty percent of announced models with known prices were expected to launch below USD 30,000; this is a short-term pipeline forecast, not observed sales.
Global consumer spending on electric cars reached an estimated USD 560 billion in 2024, calculated from model-price spending minus government incentives. Government support was below 7% of global electric-car spending, down from 20% in 2017, and annual government spending was about USD 38 billion; these estimates cover central-government purchase support and specified tax revenue forgone, not charging.
| IEA scenario | Projected global EV stock | Period or milestone |
|---|---|---|
| Stated Policies Scenario | From below 45 million to 250 million | 2023 to 2030; excludes two- and three-wheelers |
| Stated Policies Scenario | 525 million | 2035; scenario projection |
| Announced Pledges Scenario | 585 million and 30% of fleet | 2035; announced ambitions, not enacted policy |
Under the IEA Stated Policies Scenario, the global EV stock excluding two- and three-wheelers rises from below 45 million in 2023 to 250 million in 2030 and 525 million in 2035. More than one in four vehicles on the road is projected to be electric in 2035 under stated policies, while the Announced Pledges Scenario reaches 585 million vehicles and 30% of the fleet; both are scenario projections rather than observed outcomes.
Sources: Trends in electric car affordability – Global EV Outlook 2025, Trends in electric car markets – Global EV Outlook 2025, and Outlook for electric mobility – Global EV Outlook 2024.