Significant growth for electric mobility projected in the latest global outlook
Significant growth for electric mobility projected in the latest global outlook
The latest edition of the International Energy Agency (IEA) publication, Global Electric Vehicle Outlook 2026, reveals an undeniable tipping point, nearly 30 percent of all new cars sold globally this year will be electric. Some of this has been fuelled by the volatile oil prices, causing consumers and governments to pivot away from fossil fuels.
Leadership from Africa has affirmed its collective commitment to capitalise on this transition, at the African Union’s Transport and Energy meetings, ministers from across the continent formally adopted the Johannesburg Declaration, an accord which solidifies Africa’s collective commitment to accelerate infrastructure development, expand energy access, and advance sustainable mobility, led by the official endorsement of the Continental Framework on Electric Mobility in Africa.
The Global EV Outlook 2026 report highlights that despite policy adjustments in some markets, the momentum toward electric vehicles is expanding into developing regions, and more lately driven by the geopolitical crisis in the Middle East, causing consumers to increasingly choose electric vehicles to avoid unpredictable fuel prices.
According to the report, outside of China, the first-quarter data for 2026 shows electric vehicle sales increased 80 percent in the Asia-Pacific region, and 75 percent across Latin America. The electric vehicle sales for this year are expected to achieve 23 million, with the global electric vehicle fleet surging to 510 million by 2035 from 80 million today. Electric truck sales doubled last year, and two- and three-wheelers are becoming the primary mode of cleaner transport in emerging economies.
Leadership structures in African countries have noted the continent’s energy transition mineral reserves, which are a vital part of the global battery boom, can make the Continental Framework a sustainable, and localised, supply chain across African Union member states.
The African Union is actively aligning under the Continental Framework on Electric Mobility, but South Africa must leverage its industrial capability, geographical position as a gateway to the continent, and the mandate of the Johannesburg Declaration to accelerate its transition to electric mobility.
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