Electric vehicles (EVs) are poised to make a significant splash in the global automotive market, with a new report predicting that they will account for over a quarter of all new car sales worldwide by 2026. This rapid shift towards electrification is expected to accelerate in the following years, with EVs set to dominate the market by 2035, claiming more than half of all new car sales. The surge in demand is being driven by increasing government regulations, declining battery costs, and growing consumer awareness of the environmental benefits of EVs. As the world's largest automakers scramble to meet this new demand, the traditional fossil fuel-powered car industry is bracing for a major disruption.
EVs are set to claim more than 1 in 4 car sales worldwide in 2026, and more than half by 2035 The Cool Down
