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Global EV Outlook 2025 Trends in electric car markets
Electric car sales Global electric car sales exceeded 17 million in 2024 More than 20% of new cars sold worldwide were electricElectric car sales topped 17 million worldwide in 2024, rising by more than 25%. Just the additional 3.5 million cars sold in 2024 compared to 2023 outnumber total electric car sales in the whole of 2020. China maintained its lead among major markets, with electric car sales exceeding 11 million – more than were sold worldwide just 2 years earlier. Global sales were slightly tempered by stagnating growth in Europe, as subsidies were phased out or reduced in several major markets, and…
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World Energy Investment 2025 Latin America and the Caribbean
…increased by nearly 25%, reaching USD 70 billion in 2025. Chile, Colombia and Costa Rica accounted for the largest increase, given the doubling of renewable investment flowing into the three countries. Brazil played a significant role in building momentum behind clean energy investment, thanks to the county’s enabling environment for investment in small-scale solar PV and bioenergy, further accelerated by the enactment of the Future Fuel Law in 2024. Over the same period, fossil fuel investment decreased by more than 20%, to more than USD 90 billion a year, with Brazil, Argentina and Mexico accounting for almost 70% of the total. However…
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Prospects for Natural Gas Certification Executive summary
…reduce emissions from natural gas supply – from both domestic production and imports – to help deliver on their climate goals, while also looking to improve energy security. One emerging approach is natural gas certification, which can help buyers make more informed decisions by providing independently verified greenhouse gas (GHG) intensity data at select stages of the supply chain, from production and processing to storage and transport, but excluding final consumption. This can support the implementation of best practices throughout the entire supply chain, and help importing countries and regions better understand how natural gas consumption fits within their wider emissions reduction…
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What Next for the Global Car Industry Present and future prospects of electric car manufacturing
Highlights New market-entrants focusing on electric car production are expanding rapidly. Pure-play electric car makers, especially those from China and US-based Tesla, are capturing a growing share of sales; some 45% of global electric car sales in 2024 are from pure-play electric car makers, compared to 35% in 2019. The growth in electric car sales affects both car makers and automotive suppliers, especially those producing powertrains and related components. The automotive supplier market is worth about USD 1.3 trillion, equivalent to over 40% of the global car market. For all components except batteries, companies from…
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Multiple Benefits of Energy Efficiency for Business Operational benefits
For every dollar in energy cost savings, productivity gains can deliver up to an extra 30 cents of value Energy efficiency measures can improve how firms use labour, equipment and materials, leading to gains that go beyond reduced energy use. These improvements are often driven by more efficient, precise and optimised processes. By reducing losses – such as excess heat, inefficient combustion or friction – equipment operates more smoothly and reliably. Electrified processes can further enhance efficiency by reducing the number of moving parts and points of failure.This improved performance leads directly to higher productivity. More efficient production lines enable better…
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Sustainable Transport Policy for Armenia: A Roadmap Accelerating sustainable transport
…system. As it seeks to balance the twin goals of enhanced energy security and reduced dependence on imported fossil fuels, Armenia has made the transition to sustainable transport a top priority.This chapter lays out a forward-looking framework designed to accelerate Armenia’s shift to an efficient, low-carbon and resilient transport system. Drawing on international best practices, the recommendations focus on three interconnected priorities: electrifying the road transport fleet, boosting overall transport system efficiency and expanding the use of fossil-free fuels. These objectives support a broad transformation, aimed not only at curbing greenhouse gas emissions in Armenia…
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What Next for the Global Car Industry Pathways to global EV cost-competitiveness
…cell prices are, on average, over 30% lower in China than in Europe and over 20% lower than in the United States. Reducing the manufacturing cost gap is possible – half is due to efficiency and automation, and 30% to access to low-cost supplies of critical minerals and battery components. Energy costs have only a small impact – between 1% and 4% depending on the region and powertrain -- on the direct cost of car manufacturing including parts and assembly. However, they can be twice as high for battery electric as for conventional cars in countries with above-average energy prices. In upstream…
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World Energy Investment 2025 How we track investment in energy
…governments, or individuals to acquire a piece of equipment that is more efficient than the local market average. Due to the different possible methodologies available, this estimate of energy efficiency investment is not definitive but still included to provide a comparison with the scale of investment in energy supply. Fossil fuel and power sector investments are those that raise or replace energy supply, while energy efficiency are counted as those that reduce energy demand.Investment estimates are derived from International Energy Agency (IEA) data for energy demand, supply and trade, and estimates of unit capacity costs, analysis of which benefits…
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Indicators Handbook for Just and Inclusive Energy Transitions Key findings from workshops on challenges and opportunities for tracking progress on just and inclusive energy transitions
…daily life, including unanticipated consequences. Elevating the role of qualitative evidence with real voices on the ground can also successfully support adjustments and course corrections in the policy implementation process. Tracking data at different points in time is important to effectively measure and evaluate just transition outcomes. The social impacts of clean energy transitions (e.g. improvements in health or reductions in socio-economic inequalities) can take longer to be observed than technical indicators like CO₂ emissions. Indicators are therefore essential at different time scales, including medium-term indicators that bridge the gap between immediate activities (e.g. workshops held…
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Electricity 2026 Grids
…congestion, which are addressed in detail in the subsequent chapter on Flexibility.This chapter on grids also includes a dedicated section on the synchronisation of the Baltic power system in February 2025, a landmark technical and political achievement. Grid technologies and regulatory reforms unlock grid capacity Accelerating the build out of grids is a key imperative as the new era of electricity evolves around the world. Over 2 500 GW of renewable, large‑load and storage projects are currently stalled in grid queues worldwide. With grid investment lagging far behind that for generation projects, many power systems already face rising congestion‑related curtailment. Meeting…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
