The Global EV Outlook is an annual publication that identifies and assesses recent developments in electric mobility across the globe. It is developed with the support of members of the Electric Vehicles Initiative (EVI).

This paper explores the evolution and future direction of financial incentives to promote zero-emission vehicle (ZEV) adoption and suggests adjustments to reflect the maturing ZEV market. The analysis highlights the need for tailored incentives that consider local conditions and market changes.

In the global market, the sales of light-duty EVs reached around 6 million in the first half of 2023 (2023 H1), representing nearly 14% of new LDVs sold worldwide.

After the Goods and Services Tax (GST), the GST cess is the second largest pool of taxes collected on passenger cars in India.

To support the national-level push for electric mobility, many Indian states and union territories have established or are developing their own electric vehicle (EV) policies.

This briefing assesses the annual progress on the transition to electric vehicles (EVs) in 2022 at the global, regional, national, and state levels. Over 10 million EVs were sold worldwide in 2022, a milestone in the global transition to EVs.

This is the 2022 update of the Major Markets Electric Vehicle Monitor, which covers light-duty vehicle (LDV) sales in China, Europe, the United States, and India. These four markets were home to approximately 76% of global light-duty electric vehicle (EV) sales in 2022.

India’s transportation sector is expected to expand rapidly due to rising incomes and increasing urbanization, and the government is keen to electrify transportation to reduce greenhouse gas emissions.

According to this new edition of the IEA's annual Global Electric Vehicle Outlook shows that more than 10 million electric cars were sold worldwide in 2022 and that sales are expected to grow by another 35% this year to reach 14 million.

Emissions from fossil fuel-powered motor vehicles adversely affect air quality and contribute to global warming. The manufacture and use of electric vehicles (EVs) is among the ways by which this challenge can be mitigated.