-
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…
-
Electricity 2026 Prices
Affordability and competitiveness take centre stage Average wholesale electricity prices in 2025 rose year-on-year in multiple regions and countries, including Europe and the United States, while others such as India and Australia saw lower prices compared to 2024. Looking at electricity prices for energy-intensive industries, significant variations across regions remain. EU electricity prices for energy‑intensive industries stayed elevated in 2025, again averaging over twice US levels and nearly 50% above those in China, similar to 2024, adding competitive pressure.At the same time, negative wholesale electricity prices became more common across many markets. Exceptions include the Nordic region…
- Executive summary
- Demand
- Supply
- Grids
-
+ 4 pages
-
Ethiopia
In Ethiopia, while electricity reaches less than half of the population, great progress has been made over the past two decades. The National Electrification Program, launched in 2017, outlines a plan to reach universal access by 2025, aiming to supply 35% of the population with off-grid solutions. Meanwhile, Ethiopia is diversifying its hydro-dominated installed generation mix in favour of solar, wind and geothermal to pursue a more climate-resilient power system and reach economic development objectives.
- Overview
- Energy mix
- Emissions
- Electricity
-
+ 5 pages
![Ethiopia Flag]()
-
Financing Electricity Access in Africa
Access to electricity is a cornerstone for economic development, poverty reduction and social equity. However, almost 600 million people in Africa lack access to electricity today, with progress falling far behind targets set by both African governments and the international community. Reaching universal electricity access will require a rapid scale-up of investment and financing to USD 15 billion per year, enabling the expansion of generation capacity, grid networks and decentralised solutions while ensuring that progress remains inclusive and sustainable.In a new flagship report, Financing Electricity Access in Africa, the International Energy Agency (IEA) undertakes its authoritative energy analysis…
-
Gas Market Lessons from the 2022-2023 Energy Crisis Conclusion and lessons learned
Market environment is structurally and geopolitically more fragile One of the primary and most fundamental consequences of the energy crisis is the shift into a structurally more fragile natural gas market environment, compounded by geopolitical uncertainty. The drastic reduction in Russian pipeline flows to Europe also represented a loss of traded gas volumes in the global market. Concurrently, this drove an equally significant reduction in the availability of swing production capacity that had previously provided a degree of price-responsive supply modulation to both the European and global markets. In turn, this led to an increased reliance on LNG trade…
-
Global Energy Review 2026 Technology: Electric vehicles
Electric car sales increased by more than 20% year-on-year in 2025, rising to 21 million units, with one in four cars sold being electric. This was in line with the IEA’s forecast for annual sales share in the 2025 edition of the Global EV Outlook. Intense domestic competition, attractive prices and the growing availability of different models have supported the rapid rollout of EVs in China, with electric cars capturing more than half of all annual car sales for the first time in 2025. Sales of electric heavy-freight trucks also tripled in 2025, reaching more than…
- Key findings
- Global trends
- Oil
- Natural gas
-
+ 9 pages
-
Electricity 2026 Flexibility
Evolving generation and demand patterns reshape power system needs The Age of Electricity is underpinned by rising investments in new resources. These include growing converter-based variable solar PV and wind, battery storage systems, as well as spatially and temporally concentrated demand from EVs, heat pumps and large loads like data centres. Combined with the expansion and upgrade of transmission and distribution grids, substantial increases in the flexibility of power systems are required for secure and cost-effective integration of generation, load and storage technologies that characterise this new era.Last year’s report, Electricity 2025, focused on measures to…
- Executive summary
- Demand
- Supply
- Grids
-
+ 4 pages
-
World Energy Outlook 2025 Regional insights
Diverse priorities, diverse pathways This chapter explores energy sector trends and priorities in countries and regions that cumulatively account for around 90% of the world’s population, GDP and energy demand. Priorities, objectives and national circumstances vary widely between and within regions, but two trends that are visible in most parts of the world are a rise in the electrification of end-uses, and a rise in the share of renewables in electricity generation. Energy trends in advanced economies are shaped by the structure of their economies, and by high average incomes and rates of vehicle and appliance ownership. Overall…
-
Global EV Outlook 2026 Trends in electric cars
Electric car sales Electric car sales topped 20 million globally in 2025 One in four new cars sold worldwide was electric in 2025The electric car market reached new highs in 2025, growing by 20% from 2024 to exceed 20 million sales, in line with expectations in the 2025 edition of the Global EV Outlook. The sales share of electric cars in the overall car market increased to 25%. This marked the fifth consecutive year in which annual electric car sales increased by about 3.5 million, a trend that began in 2021 after the Covid‑19 pandemic. As a result, about 5% of the…
-
Autonomous vehicles
GEVO 2026 - Chapter 8 Progress in AI and computing power is disproportionately benefiting EVs, particularly for automated driving and integrated vehicle control. Sensors and chips integrate well with the stable, high-voltage power supply of EV batteries. Electric vehicles lead in automation and advanced driver assistance Driving automation is at the forefront of software developments for cars today. While fully autonomous cars (Level 5 automation)) are not currently in sight, electric driverless taxis (Level 4) are already operating commercially in more than 20 cities worldwide. Moreover, automated driving systems are not limited to self-driving cars – they are also rapidly gaining…
