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IEA Projects That EV Sales Will Reach Record Levels in 2022

More than a decade after the first mass-market electric vehicle was unveiled, EVs are poised to play a critical role in reducing global greenhouse carbon emissions. Transportation is responsible for nearly 30% of carbon emissions worldwide, and world leaders are looking to cut these emissions by replacing conventional internal combustion (ICE) cars with zero-emission electric cars. Although EV sales make up a small percentage of total car sales, the International Energy Agency (IEA) believes that 2022 will be a record year for electric vehicle sales.

In its annual Tracking Clean Energy Progress report, the IEA stated that several sectors have shown “encouraging signs of progress.” The report also noted that…

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