Controversy
Status:Open

Will Global Passenger EV Sales Exceed 30 Million Units in 2027?

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Claims

The Economic Times
The Economic Times"Global electric car sales are expected to rise from 13.9 million in 2023 to 30.2 million in 2027."Sep 23, 2026
US Securities and Exchange Commission
US Securities and Exchange Commission"The forecast for global sales of new electric vehicles in 2027 is 31.5 million units, representing a 33% penetration rate."Sep 23, 2026
Ark Invest
Ark Invest"The forecast for global EV sales in 2027 is approximately 57 million units."Sep 23, 2026
Statista
Statista"According to the Statista Market Insights forecast, the total global unit sales for electric passenger cars in 2027 will be roughly 50 to 55 million vehicles."Sep 23, 2026
BloombergNEF
BloombergNEF"Passenger EV sales are expected to exceed 30 million in 2027 in BNEF’s base case scenario and grow to 73 million per year in 2040."Jun 12, 2024
Omdia
Omdia"The forecast for global EV sales in 2028 is 30 million units."Sep 23, 2026
BMI
BMI"EVs will account for 5% of global car sales by 2027, of which BEVs will account for 3.4 million in sales outpacing PHEV sales of 1.7 million."Jan 03, 2018
EVBoosters
EVBoosters"This commitment to electrification has put EVs on track to make up a third of all new passenger car sales by 2027, with global sales expected to reach 30 million units."Nov 08, 2024
EV Volumes
EV Volumes"The unit volume of global EV sales is set to triple from 10.5 million in 2022 to over 31 million in 2027."Sep 23, 2026
Aranca
Aranca"The forecast for global EV sales in 2027 is 29.0 million units, representing a 31% market share."Sep 23, 2026
TrendForce
TrendForce"It is estimated that there will be a long-term growth rate (CAGR) of 22% per year until 2027, and the annual sales volume will reach nearly 40 million vehicles."Nov 09, 2025
Liontown
Liontown"According to this Liontown, global EV sales in 2027 are forecast to reach 25 million units."Feb 15, 2026
S&P Global
S&P Global"EV sales are expected to double from 2023 to 2027, reaching 31.6 million units."Sep 21, 2026
Deloitte Insights
Deloitte Insights"The total global passenger EV (BEV + PHEV) sales in 2027 are projected to be approximately 30 to 32 million units, representing an EV market share of roughly 25% to 30%."Jun 11, 2025
ReportLinker
ReportLinker"In the changed post COVID-19 business landscape, the global market for Electric Vehicles (EVs) estimated at 3.3 Million Units in the year 2020, is projected to reach a revised size of 27.5 Million Units by 2027, growing at aCAGR of 35.5% over the period 2020-2027."Sep 23, 2026
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All rights reserved.

Version 7.16.0