In first EV report, IEA says electric vehicles will reach 145M by end of 2020s

The number of electric vehicles worldwide is expected to increase to 145 million by 2030, by which time they will account for 7% of all cars, vans, trucks and buses on the road, according to a report Thursday by the International Energy Agency.

The agency’s Global EV Outlook 2021 estimates the number of electric vehicles across the globe by the end of the decade could eliminate the need for more than 2 million barrels a day of gasoline and diesel fossil fuels.

There were 10 million electric cars on roads worldwide at the end of 2020, it notes, with electric car registrations increasing by 41% last year. The assessment, the IEA’s first on electric vehicles, said there are presently about 1 million electric vans, heavy trucks and buses…

Tesla sold the most electric vehicles in 2020, about 500,000, and Volkswagen ranked second. For the first time since 2015, new sales pushed Europe past China as the world’s top EV market, according to data published by