Global EV sales expected to reach 11 million in 2023

Yahoo Finance Live's Rachelle Akuffo breaks down the chart of the day.

Video Transcript

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- All right, time now for our Chart of the Day. And we're looking at the rise of global electric vehicle sales. Now, according to data from LMC Automotive and EV-Volumes.com, global EV sales made up roughly 10% of every new car sold around the world in 2022. Now, global sales of fully electric vehicles totaled around 7.8 million units, an increase of 68% from 2021. And it's expected to reach nearly 11 million this year.

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