Fact Check: "Electric vehicles (EVs) are increasingly adopted worldwide."
What We Know
Electric vehicles (EVs) have seen a significant rise in adoption globally. According to the International Energy Agency (IEA), global electric car sales exceeded 17 million in 2024, representing over 20% of new cars sold worldwide. This marks a substantial increase of more than 25% from the previous year. Notably, the growth in electric vehicle sales has been particularly pronounced in China, which accounted for over 11 million of these sales, reflecting a nearly 40% year-on-year increase. In contrast, the European market experienced stagnation, with electric vehicle sales maintaining a share of about 20% of new car sales, primarily due to the reduction of subsidies in major markets like Germany and France.
The global stock of electric cars reached almost 58 million by the end of 2024, which is more than triple the total electric car fleet in 2021. This growth has also contributed to a significant reduction in oil consumption, with the global stock of electric cars displacing over 1 million barrels of oil per day in 2024 (IEA).
Analysis
The claim that electric vehicles are increasingly adopted worldwide is supported by robust data from credible sources. The IEA's Global EV Outlook 2025 provides a comprehensive analysis of trends in electric car markets, highlighting the rapid growth in sales and the increasing share of electric vehicles in the global car fleet. The data indicates that while growth in major markets like China continues to surge, other regions, particularly Europe, are experiencing challenges due to policy changes and subsidy reductions.
The reliability of the IEA as a source is high, given its status as an autonomous intergovernmental organization that provides authoritative statistics and analysis on energy trends. However, it is essential to note that the stagnation in Europe could indicate potential barriers to further adoption, such as economic factors and policy decisions that may affect future growth.
Additionally, the context of the claim should be considered. While the overall trend shows increasing adoption, the rate of growth can vary significantly by region. For instance, while China is leading in electric vehicle adoption, Europe has seen mixed results due to changing government incentives. This nuanced understanding is crucial when evaluating the claim.
Conclusion
The claim that electric vehicles are increasingly adopted worldwide is True. The evidence from the IEA indicates a clear upward trend in global electric vehicle sales, particularly in China, despite some stagnation in Europe. The overall growth in the electric vehicle market is significant, with a notable impact on global oil consumption.