A major turning point in the automotive industry is on the horizon, as a new report from the International Energy Agency (IEA) predicts that nearly one-third of all cars sold globally in 2026 will be electric vehicles (EVs). This significant shift marks a major milestone in the transition towards a low-carbon transportation sector, with the IEA forecasting that EVs will account for over 30% of new car sales worldwide next year. As governments around the world tighten emissions regulations and consumers increasingly prioritize sustainability, the demand for electric vehicles is expected to surge. The IEA's forecast suggests that the automotive industry is rapidly accelerating its transition to electric power, with far-reaching implications for the environment, the economy, and consumer behavior.
'Major shift': Almost one-in-three cars sold worldwide in 2026 to be electric, IEA forecasts BusinessGreen
