Electric vehicle sales are growing at a high-speed pace, according to the latest report from the International Energy Agency. More EVs are now sold each week than in all of 2012 combined. Sales, which topped 6.6 million in total in 2021, have already crossed the 2 million mark in the first quarter of 2022 despite supply chain restrictions and shortages.
EV popularity continues to grow, with sales last year doubling the 2020 numbers and an estimated 16.5 million electric cars cruising roads by the end of 2021, tripling the 2018 numbers. China in particular has seen a concentrated amount of growth, tripling its adoption rate in 2021 to 3.3 million EVs sold, while European sales grew 65% over the year and the U.S. doubled its EV sales in 2021.