IEA gives upbeat EV outlook with China seen driving the market

Electric car sales to hit 17mn in 2024 and demand rising in Southeast Asia: report

2024-04-22 IEA report on EVs.JPG

One in three cars on China's streets are expected to be electric by 2030. A BYD model is seen here in Beijing.  © Reuters

MAILYS PENE-LASSUS, Nikkei staff writer

PARIS -- Almost one in three cars on the road in China and more than one in five in the U.S. and Europe will be electric by 2030, the International Energy Agency (IEA) forecast in a report released Tuesday.

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