Welcome back to EVE News Daily. Coming up today, a global EVE sales surge is predicted for 2024.

The electric range rover is pictured, and the Ford E-Transit gets upgraded. Plus, stay tuned because later in the show.

I'll tell you what the big milestone Tesla is celebrating in China. Well, good morning, good afternoon or good evening.

Wherever you are in the world, EV News Daily is your trusted source of EV information. I'm Martin Lee,

and I go through every EV story, so you don't have to. Now, we'll get into the news about this

International Energy Agency report about global EV sales, where they're selling well,

where they are predicted to sell well in 2024. The International Energy Agency's report came out today. Honestly, it's very

comprehensive with a lot of data points inside, looking historically, but also looking forward as well

across, like I say, the global EV market. The I EA predicts a record 17 million EV sales this year. That is electric sales and plug-in hybrid sales.

17 million cars with plug sockets on the side of them will be sold in 2024. That is a 20%

increase on 2023. So when you see these headlines around about EV sales and they might be

alongside words like declining and things like that. The growth rate is not

as fast as it has been in the past because of supply and demand issues, because of interest rates

going up globally, car financing, things like that. But also, it's nuanced. It's certain parts of the

world. And many of those articles are written from the US perspective where there is a slowdown

in the growth, but not a slowdown in EV adoption. Because globally, it's a 20% increase.

Now, how do we do last year? Well, B-EVs, battery electric vehicles were 18% of all cars sold last

year in 2023, up from 14% in 2022. It's a 35% year-on-year increase. So that's the

growth. 35% previous two years, 20% this year on last year. So that's where the headlines come

from, but it's not a slowdown in EV sales. It's a slowdown in what was a very big growth rate.

You get that. Electric vehicles will reach price parity

with petrol cars in all segments, at all price points in 2030 in just six years' time,

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