Electrification of the Automotive Industry Hits New Milestone: One in Four New Cars Sold Globally Was Electric Last Year A significant shift in the global automotive market has been observed, with a record number of electric vehicles (EVs) being sold worldwide. According to recent data, one in four new cars sold globally was electric last year, marking a major milestone in the industry's transition towards more sustainable and environmentally friendly transportation options. This remarkable growth is attributed to increasing consumer demand, government incentives, and significant investments by major automakers in EV technology. As the world continues to grapple with climate change and air pollution, the rapid adoption of electric vehicles is seen as a crucial step towards a more sustainable future.
One-in-Four New Cars Sold Worldwide Was Electric Last Year Yahoo Finance