AI Summary

The International Energy Agency's latest report highlights a significant shift in the global automotive market. The agency attributes this shift to the recent oil shock, which has led to a surge in demand for electric vehicles and hybrids. As a result, EV sales are expected to reach 23 million globally this year, accounting for nearly 30% of all cars sold worldwide. This growth in EV sales is a continuation of the trend seen in 2025, where the market experienced strong growth. The IEA's report suggests that the current oil shock has accelerated this transition, with drivers increasingly opting for alternative fuel sources.

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