IEA Expects Strong EV Sales While Carmakers Flag Weaker Demand ...Middle East

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IEA Expects Strong EV Sales While Carmakers Flag Weaker Demand
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Amid concerns in the auto industry about slowing electric vehicle sales with the phase-out of subsidies in key markets and consumers not yet convinced about affordability and range, the International Energy Agency (IEA) continues to hold a very bullish view on the global EV market. “The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million,” the IEA said in its annual Global EV Outlook 2024 published on Tuesday.    Last year, global electric car sales soared by 35% to…

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