EVs are therefore expected to take a higher 16% share of the global light-vehicle market this year. Meanwhile, the entire light-vehicle market, which includes passenger cars and light-commercial vehicles, is only predicted to rise by 9%. This equates to EV sales growth of 34% compared with 2022. We forecast that global EV sales, comprising battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs), will reach 14.1 million units in 2023. EVs Forecast to Account for Two Thirds of Global Light-Vehicle Sales in 2035 By Neil King, Forecasting Lead at EV-volumes
