Last year, encouraged by government subsidies, EVs accounted for 95.9% of Norway’s new car sales, up from 88.9% in 2024. Last year EVs accounted for 55% of all new car sales in China and 28% in Europe. The International Energy Agency predicts 28% of all new car sales worldwide will be EVs this year, with 50% growth in Asia-Pacific countries outside China and 45% growth in Latin America.