The number of electric cars sold worldwide hit a record level of 750,000 last year, bringing the total number of electric vehicles driving on roads around the globe to 2 million, according to a new report out from the International Energy Agency (IEA).
The report crunched information on electric cars from countries that have the biggest markets, including China, the U.S., Norway and the Netherlands. While 2 million is a notable milestone for the industry, the figure still only represents 0.2 percent of the total number of light duty passenger vehicles in operation. Needless to say, the electric car market is still in an early stage.
As the report notes: “electric vehicles still have a long way to go before reaching deployment scales capable of making a significant dent in the development of global oil demand and greenhouse gas emissions.”
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