Reproduced from EIA, Global EV Outlook 2020; Chart: Axios Visuals
Electric vehicles had a "banner year" in 2019 with worldwide sales topping 2 million, but they still represent just roughly 1% of cars on the road globally, per an International Energy Agency report released Monday.
Yes, but: The coronavirus pandemic is creating sales headwinds this year, though electric vehicles are affected less than traditional cars.
But even without that problem, electric vehicle growth remains far off the pace of what's needed in IEA's scenario consistent with the Paris climate deal.
Under current and planned policies, the number of electric cars, trucks and buses worldwide grows to roughly 140 million in 2030.
That's far below the 245 million in IEA's "sustainable development scenario."